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A SEMINAR REPORT ON ENTERPRISE RESOURCE PLANNING

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Introduction

A SEMINAR REPORT ON ?ENTERPRISE RESOURCE PLANNING? SUBMITTED IN PARTIAL FULLFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DEGREE OF MASTER?S OF BUSINESS ADMINISTRATION SESSION (2011-13) Submitted to: Submitted by: Mr. Anil Mittal Yashika Sharma Associate Professor Roll no.18 Ms. Neeti Goyal Class: MBA (G) PREV. Faculty Member Section ? A UNIVERSITY SCHOOL OF MANAGEMENT KURUKSHETRA UNIVERSITY, KURUKHETRA ACKNOWLEDGEMENT It is my pleasure to be indebted to various people who directly or indirectly contributed in the development of this work and who influenced my thinking, behaviour, and acts during the course of study. I express my sincere gratitude to Mr. Anil Mittal for providing me an opportunity to complete my work. I am thankful to Ms Neeti Goyal for her support and cooperation during the research and for her constant inspiration, presence and blessings. Lastly, I would like to thank the almighty and my parents for their moral support and my friends with whom I shared day-to-day experience and received lot of suggestions that improved my quality of work. (Yashika Sharma) Declaration I,Yashika Sharma, student of MBA 1st year, University School of Management, Kurukshetra hereby declare that the research report on ?Enterprise Resource Planning? submitted to Kurukshetra University, Kurukshetra in partial fulfilment of degree of Master?s Of Business Administration is the original work conducted by me. The information and data given in the report is authentic to the best of my knowledge. The research report is not being submitted to any other university for award of any other degree, diploma and fellowship. (Yashika Sharma) CONTENTS SR.NO. PARTICULARS 1. Introduction 2. Need to implement ERP system 3. Benefits of ERP system 4. Customised ERP system 5. Key characteristics of an ERP system 6. ERP methodology 7. ERP project management and implementations 8. Importance of project management in ERP 9. Project life cycle in ERP implementation. 10. How should an ERP system be implemented? 11. ...read more.

Middle

If the company need to success in implementing new system, users need to be understand what the new system is and give a commitment to new system. By doing so, a company need to have a good management plan and implementation. 4.2 Business process changes when new system is implements, the business processes are also changed (Legacy systems are removed). Thus, a company should have a plan for these changes. ERP methodology refers to a systematic approach to implement an ERP system that will ensure the proper integration of the four components. We can refer ERP methodology to Project life cycle. 1. ERP Project management and implementations: Project Management is the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of the particular project. A project is a temporary endeavor undertaken to achieve a particular aim. Project management knowledge and practices are best described in terms of their component processes. These processes can be placed into four Process Groups: Initiating, Planning, Executing, and Closing. ? And nine Knowledge Areas that are: 1. Importance of project management in ERP Why project management is so important in ERP implementation? Because ERP project generally is a big and complexity project. It requires a lot of resource such as time, human resource, budget etc. Even though, a company has all of the resource to implement the project, there are many factors that can lead to project failure such as corporate culture, user resistant to change commitment from top management etc. From ?The Robbins-Giola Survey (2001)? 51 % of surveyed companies viewed their implementation as unsuccessful. An example of company failure was Nestle. Nestle spent $200 millions contact with SAP and an additional $80 million for consulting and maintenance, but at last the implementation was fail. Consequently, by having good project management can help to minimize risk for project to fail and may help to reduce the chance for delaying and over budget which are big problems in ERP project implementation. ...read more.

Conclusion

The Business Software covers a huge deviation of uses inside the industry or Business atmosphere, and can be categorized by using a small, medium and large medium. 1. Conclusion Enterprise Resource Planning (ERP) can provide a lot of benefits to organization such as lower cost, increase level of data consistency, enable different departments such as Marketing, Distribution, and Manufacturing etc. to share information together, increasing ability to do e-business. Even though, ERP can provide many benefits, it also can lead to tragedy in implementation because of complexity to implement, time consuming, requiring a lot resource such as money, human resource, hardware, and software. Not only resource that is needed, but the commitment from top management and users also. All of these requirements can lead to project failure easily as we can see that 51% of project fail rate. Enterprise resource is the all production sale and stock of buying the distribution which include physical, accounting and all management resources in very enterprise in which all staff and material properly, funds also include. ERP will manage all the management resources interacted altogether very well. It probably will keep effectively, the management technique concept that from viewpoint, it will manage these management resources integrated altogether enterprises, it probably will keep doing efficient management activity by the fact that optimumly it arranges & distributes. Consequently, Project Management is very important in ERP implementation. In order to manage project efficiency and reduce the risk for project failure, a company needs to know the high level concept, components of ERP, and the project life cycle. However, by knowing the high level concepts, components of ERP and project life cycle is not enough. As describe earlier, ERP implementation is such a complexity project. Thus, we need to have some guideline and avoid the common mistakes that help project manager to prevent an unexpected outcome and well prepare for the unexpected events. ERP systems provide a mechanism for implementing systems where a high degree of integration between applications is required To successfully implement a proper mix of people, processes and technology should be maintained 1. ...read more.

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