Topic > Characteristics of Enterprise Resource Planning

What is "Enterprise Resource Planning"? Enterprise resource planning is a detailed system of information that provides all business factors to enable information and data relating to a company to be easily viewed and accessed in suitable places. Enterprise Resource Planning (ERP) software programs installed on personal computers networked to other computer systems involve human resources, finance, inventory, manufacturing, and sales modules customized for a company's particular needs, the capability (ERP) allows all organization to reduce operating costs and improve efficiency. A properly designed enterprise resource planning system has the ability to streamline distribution, manufacturing and ordering processes, as well as provide important information to assist in all sections, such as new merchandise development and decision support. Additionally, enterprise resource planning helps in technical management because managers and executives have access to important data at all times, even in real time. (ERP) systems are very vital and important investments that improve the performance and competition of an organization. A company needs to select an effective ERP systems structure. This framework should be systematically built with ERP objectives to be able to support a company's techniques along with business objectives. What are the Features of Enterprise Resource Planning Currently, supply chain management has become a vital aspect whereby, ERP System is an integral part of supply chain management. Developing enterprise resource planning is very risky and expensive. The level of competition across the world forces all companies intending to......middle of paper......departments of Ikea Dubai. This leads to facilitated communication outside and inside Ikea, resulting in long-term efficiency. Conclusion In conclusion, the analysis and discussion of this study shows the effects of implementing enterprise resource planning in an organization and especially IKEA Dubai, shows that organizations which implements ERP to gain great benefits. It is essential to implement ERP which would become effective and end up being the backbone of any organizational function in the future and new economy. The global economic environment is currently very competitive, which has led to the inevitable need to implement the most effective strategies in the business world. . Enterprise resource planning system in any organization improves the overall effectiveness of its operations, resulting in increased profitability and production.