The Erp System Essay

699 words - 3 pages

In this TMA we will discus many ideas and facts about Whirlpool Europe and about the ERP systems;

What is the ERP system?
What are the benefits of the ERP?
The reasons to applying this new system.

-The impacts of applying the ERP system on the competition.

The benefits of the ERP for the Whirlpool case study.
What are the costs of implementation?
Factors about saving costs and benefits.

The ERP system.

First of all we will talk about the ERP system, many companies moved to use the cross- functional clientserver network applications, which involved installing enterprise resource planning ( the ERP) this new software focuses on supporting the business processes involved in the operations of a business instead of focusing on the information processing requirements of business functions.

Whirlpool had many benefits from applying this new system. I will discus in this TMA how they applying that system, and why they choose to deal with it.

Reasons to applying this new system

The company tries to reduce the inventory, which were 51 days, to 12 days. These 51 days were distributed approximately like this:

days for reserved and allocated units.
days were spending in transit

and 3 days in obsolete.

So, the company wants to apply the ERP system to make their supply chain more efficient in short time. So they start reducing the time that they were use it in transit, in allocated, and in reserved and in obsolete units.

Another reason to use the ERP system is that the information could not be easily shared across functions or organizations, and usually all their works were often inconsistent and irreconcilable.

The benefits of the ERP

The management of the company knows that there are lots of benefits will gains if they use the ERP, one of this benefits is that the whirlpool can serve its consumers market for stand-alone appliance better. They can contracts market for built-in appliances and at the same time, reduce its inventory by 12 days of sales. Also the company can increases the efficiency of the distribution process. In addition, if they installing the ERP system they will forecast...

Find Another Essay On The Erp System

Using ERP Systems to Gain a Competitive Advantage.

2271 words - 9 pages information technology being used, in hopes of obtaining this competitive advantage. The efficiency of an enterprise relies upon how quickly information flows across the complete supply chain i.e. from the manufacturer to the supplier to the consumer and so forth. The main purpose of an ERP system is to expedite the supply chain and to make it more efficient.ERP is an enterprise wide system that integrates primary business applications, including all areas

ENTERPRISE RESOURCE PLANNING SYSTEM & ITS ROLE IN SUPPLY CHAIN MANAGEMENT

2515 words - 11 pages . Installing and implementation of ERP is very costly and risky and employees required lengthy training sessions resulting increase in expenses in addition more time required to implement as it is a organization fit software. Success of ERP system depends on the size of the organization, the bigger the organization the more fruit full it will in future. According to the survey Panorama Consulting 2013 ERP report 86 percent out of 100 percent

Contemporary ERP Based Online Banking

1037 words - 4 pages 1. Introduction Enterprise Resource Planning (ERP) is an information system integrates accounting, financial, production, sales, and human-resources, and other management information of the whole organization. ERP system can be customized to the requirements of individual companies. In recent years, the fusion between ERP and on-line banking system has been blooming fast. Major bank groups like Bank of America Merrill Lynch and HSBC are

project ERP

605 words - 3 pages The business environment has known many challenges in the late seventies in the technology arena. Most of the well established companies did not have a system where various departments could easily share information and communicate with each other. It was until the beginning of 1990, a new class of software systems commonly known in the industry as Enterprise Resource Planning (ERP) systems have emerged in the marketplace mainly designed for

ERP Systems

1147 words - 5 pages What is an ERP (Enterprise Resource Planning) system?ERP is the latest technological incarnation in the developmental history of"planning and control‟-based systems, which were originally designed to cope with the difficult task of effectively managing the information resources of firms. Organizations often have overly complicated business processes within their separate divisions and units and ERP offers IT- based solutions in the form of

Define Enterprise resources planning system (ERPs). Critically evaluate the statement " ERPS are useful for management accouting and enhance decision making".

2683 words - 11 pages . The ERP systems are part of the management accounting system (MAS); it could strengthen an organization's competitive positions in a rapidly changing marketplace. However, since the ERP systems are not perfect, the MAS has to be tailored to the internal and external environment of the organization simultaneously. This essay briefly defines the ERP systems and describes their benefits and drawbacks. It then identifies the relationship between MAS

Incorporation of Information Technology Solutions

2656 words - 11 pages Planning (ERP) systems to achieve their business transaction and data processing needs. According to the business need, selecting the appropriate information system such as Enterprise resource planning (ERP) will be appropriate and suitable because it improves efficiency. However it should be borne in mind that every business has its own dimension; therefore, there is the dire need of appropriate selection and need based customizations (Kleiner et al

Is ERP Worth The Pain?

4046 words - 16 pages implementing ERP systems or extended their MRP system to a more encompassing ERP system. In this ever-changing business and technological environment, CEOs and CFOs are having a hard time deciding to go ERP because of the enormous capital expense and the effects on the company as a whole.The average implementation cost for a company is $15 million. For many small companies, a cost expenditure of this magnitude is a make or break decision for a company. For

Major technological challenges for small to medium sized businesses.

565 words - 2 pages hosting, design, promotion, and information architecture (Turban et al, 2006, p. 677). Attempting to cover all of these areas by a small to medium sized business could exhaust all resources or be impossible. A small or medium sized business may not be capable of maintaining an e-commerce system by them. The best action plan would be a competitive bidding process that would keep prices lower.Value added ERP and CRMERP is an integration of several

Technology Advances Enterprise-Wide Planning

1264 words - 5 pages Technology Advances Enterprise-Wide Planning Enterprise resource planning (ERP) systems utilize internal and external management information across an entire organization (Alshare & Lane, 2011). This systems embraces finance/accounting, manufacturing, sales and service, customer relationship management, and many more. The ERP system uses an integrated software application that helps the system to become automated. Its purpose is to

Enterprise Recourse Planning (ERP) Implementation

2410 words - 10 pages : - Effectively communicate business requirements with ICT people; - Have total top executive support; - Involve users from the start; - Have a clear decision model, business rules and objectives (Zachman, 1987, pp. 276--292). This report will look at the implementation of an Enterprise Resource Planning (ERP) system at Cisco. One of the main drivers for implementing an integrated system was to enable integration of all functions within the company

Similar Essays

A Successful Enterprise Resource Planning (Erp) System Implementation Requires Integration Of Technology With Business Strategy And Assessing The Impact Of The System On All Aspects Of The Business;

9755 words - 39 pages Running Head: A SUCCESSFUL ENTERPRISE RESOURCE PLANNING (ERP)A successful Enterprise Resource Planning (ERP) system implementation[Name of the writer appears here][Name of the Institution appears here]Table of ContentsContents PageIntroduction ........................ 4Statement of the Problem 5Importance of the Study 5Purpose of the Study 6Statements of Hypotheses 8Research Design (Methodology) 9Limitations 10Delimitations 11Definition of Terms

Environmental Resource Planning Systems And Software: 1. Gm Locomotive Says The Problem Wasn't With The Erp Software. Then What Did Cause The Major Failure Of The Erp System? Explain.

1133 words - 5 pages 1. GM Locomotive says the problem wasn't with the ERP Software. Then what did cause the major failure of the ERP system? Explain.ERP stands for Enterprise Resource Planning. It is a single computer system that attempts to integrate all the functions and departments across a company. This allows the system to have an overall view of the entire company, enabling all the different departments to align their particular needs with that of the goals

Erp System Essay

1884 words - 8 pages   1. Introduction: This report is the analysis and commendation of Pete’s business and how and where ERP system can be implemented to reduce the business complications. The company with 113 outlets and multiple sales channels, supplies both homegrown and off-the-shelf system to its customers. With 1,500 grocery stores, corporate offices, a website, and delivery trucks, the company was able to increase its revenue by 23% over a year which is

Enterprise Resources Planning (Erp) Implementation Essay

1629 words - 7 pages cost in running the business. Since 1950s the computer system had been use to cost. At the moment, Enterprise resources planning (ERP) systems had become important systems in the modern business world. The meaning of ERP itself is an integrated software package composed by a set of standard functional modules (production, sales, human resources, finance, etc.) developed or integrated by the vendor that can be adapted to the specific needs of each