Question | Answer |
What is ERP? | Enterprise resource planning |
Name three risks of implementing ERP | High cost, Inherent complexity of ERP software, Efforts involved in managing change, Time Consuming, Design Complexities, Need to re-engineer ,Adaptability ,Internal Resistance to share information |
Does an ERP system help implement a new business model? | Yes |
An ERP system has a single database or multiple? | A single database |
What is ERP? | Enterprise resource planning |
Does an ERP system help with sercurity?" | Yes and No |
What are 2 common organizational barrier for successful implementation of ERP? | organizational politics and organizational learning |
Name 4 common department that benefit from ERP?" | Finance, Human resources, Materials management, Manufacturing, Sales and distribution, Supply Chain Management |
Should specialized team be formed within an organization to implement ERP? | Yes |
Name three benefits of implementing ERP | Fully integrated systems replace fragmented legacy systems, Embedded best business practices, Access to real-time information, Changes in business processes, Clean integrated database |