ERP – Stories of Success and Failure

Information technology has changed our lives forever. It is found in every pore of the modern society. Business world is not spared; in contrary it is probably impacted harder than anything else. We are witnesses of the evolution of production and operation philosophies, from the economic order quantity to the supply chain management. After implementation of one philosophy, further steps must be taken to insure the edge over the competition. The key in today’s business environment is the Supply Chain Management. In order to adopt and implement SCM philosophy, a firm must adopt and implement an Enterprise Resource Planning System.
ERP is the application software necessary for successful supply management. It is the key integration factor between different business functions that allows for fast and easy data exchange, which leads to process improvements throughout organization as well as successful SCM. ERP emerged as a result of the need to successfully communicate across busi...