1. To Enhance Profitability:
a)Increase in sales b)/or Reduce Procurement Cost
2. for Healthy Operations:
a)Integration of Systems across the Functional Departments in aCompany as well as across the Enterprise as a Whole. b)Better Customer Service.c)Introduction of Latest Technologies as and when the are ready for theIndustry acceptanced)Expertise databasee)Avoids data redundancy
3. Competition in the Market:
a)Manufacturing Challenges. b)Manufacturing Globally.c)Distribution network spread.d)New Product introduction.e)Lower manufacturing lead time.f)Focus on industry markets.g)Satisfying the needs of customers.h)Develop specific business methods and processes.i)Integration with third party products.
4. Demands on the Industry:
a)Better products at lower costs b)Tough competitionc)Need to analyze costs / revenues on a product or customer basisd)Flexibility to respond to changing business requirementse)More informed management decision making
5. Solving the Problems:
a)Unable to get accurate, timely information b)Applications not complete for existing business practicesc)Modifications are time consuming or not feasible
Solving these Problems will the company ahead of competition!