Friday, October 18, 2019
Enterprise Resource Planning System Research Paper
Enterprise Resource Planning System - Research Paper Example An information system is a collection of structured elements that collect, process, store, and transfer processed information to uphold decision making and control in an organization (Laudon & Laudon, 1999, p.7; Hoffer et al., 2007, p.429). On the other hand, an enterprise resource planning (ERP) system is an entirely integrated information system that includes most fundamental tasks essential for a large size corporation. Additionally, an ERP system is built and run on a common database shared by the basic business activities. In addition, an ERP solution presents the facilities of an information system for the whole organization. However, a corporation must redesign its business processes to arrange with the ERP system. Furthermore, the implementation and integration of an ERP usually considered as the biggest information system project ever completed by a corporation (Whitten et al., 2000, p.23; Ehie & Madsen, 2005; Vlachopoulou & Manthou, 2006; Hitt et al., 2002). (Stair & Reynolds, 2003, p.22), discuss the enterprise resource planning (ERP) system, according to them, an ERPS is accomplished for running a corporationÃ¢â¬â¢s fundamental business processes for whole multi-site, international corporation. In addition, the range of activities performed by an ERP system differs from organization to organization, since, a majority of ERP systems offer integrated software to facilitate the finance and manufacturing business processes of a corporation. However, in this scenario, a demand forecast is set up that determines the customer needs for a number of weeks.