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Enterprise Resource Planning And Its Impact On Business Management

707 words - 3 pages

Enterprise Resource Planning (ERP) has transformed how businesses around the world operate, communicate, and produce. The purpose of this paper is to explore what ERP is and how it has impacted businesses. The software can be custom fit to meet the individual needs of every type of company. It integrates business functions into a unified business process with more speed and accuracy. Management structures and corporate cultures have also been impacted by ERP.
ERP is software that manages information for all departments within a company. Its objective is to get the right information to the right person at the right time. ERP software is typically modular but integrated. It ...view middle of the document...

Fragmented organizations can have more confusion and conflict. Studies show that ERP system adoptions allow managers more flexibility to manage earnings and their earnings release dates. ERP systems have also been shown to potentially increase the likelihood of financial statement management (Brazel & Dang, 2008).
ERP has significantly impacted supply chains by addressing the issues in manufacturing and distribution. It plays a vital role in centralizing transaction data. Solutions for network and inventory optimization, product lifecycle management, sales and operations planning, manufacturing optimization, logistics, and more had all been provided for by ERP. Businesses more capable of managing their supply chains because of its implications on purchasing, time efficiency and batch size (Gunasekaran et al., 2004).
The system can also impact a company’s management structure and culture. More management control may be exerted because it injects more discipline into the organization, standardizes processes, and involves the centralization of control over information. However, it can help enable employees to be more innovative and flexible (Davenport, 1998). This system has required organizations to have specific and defined roles for the managers and a collaborative...

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