erpfans.com Enterprise Resource Planning (ERP) Do we need it?erpfans.com What drives the market? ® Challenges for manufacturing = Global = Distributed = New Product introduction a Specialization and focus on industry markets = To satisfy the needs of customers (demand-driven) = To develop specific business methods and processes = Integration with third party productserpfans.com Demands on the Industry Aggressive cost control initiatives Need to analyze costs ‘revenues on a product or customer basis Flexibility to respond to changing business requir ements More informed management decision making Changes in ways of doing business