ERP Implementation - Prospector

Essay specific features

 

Issue:

Business

 

Written by:

Carol J

 

Date added:

January 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

21 / 5740

 

Was viewed:

1713 times

 

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Essay content:

These systems seek to integrate of information across all functional areas (i.e., marketing, finance, HR, logistics etc.) and hopes to provide increased flexibility to organization in serving its customers. Enterprise resource planning systems can provide a wide array of benefits that are both tangible like reduced personnel, inventory, IT and procurement, transportation, and logistic costs; improved cash flow management, revenue, and profits, and intangible like increased visibility of corporate data, speed of decision making, and control over global business operations; improved customer responsiveness and business processes...
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But many ERP installations achieve only partial implementation. “Nearly one in five are scrapped as total failures (Soh, Tien, & Tay-Yap, 2000; Trunick, 1999). Prior research has found that only 10% of new information systems failures can be attributed to technological problems (Bikson & Gutek, 1984)...
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