November 30



3.R.R.P 6. manages the implementation of the software.P 5.P IMPLEMENTATION ABOUT COMPANY Founded in 2005 and headquartered in Ahmadabad is a electronic company specializing in the enterprise resource planning (ERP) market for mid-sized companies . Three Key Steps to Effective ERP Software Implementations y y y ERP Software Selection ERP Implementations ERP Organizational Chain Management . ERP IMPLEMENTATION. ADVANTAGES OF E. accelerate implementation progress.It is helpul to firms evaluate and select ERP software.P 7.CHALLENGES IN E. 4.1. 2.OPPORTUNITIES IN E. We minimize ERP risk. and facilitates all related organizational changes to assure that each of its clients realize the full business benefits of their ERP implementation. ABOUT COMPANY. DIS ADVANTAGES OF E.R. it is a new company but its growth rate is more than 32% its net worth is more than 400 crore Rs. and increase the success and value of your ERP initiatives. Independent of affiliation.R. ERP SELECTION.

We provide full ERP lifecycle consulting services. cost. understand your operational model. get to know your people. time-frame. We leverage a number of proprietary and proven tools designed to help you minimize time. industry. and technology backgrounds Focus on bringing measurable results and a positive ROI to your ERP engagement We guarantee our work ERP SELECTION Using a proprietary ERP selection process. technological infrastructure and operational needs. Our clients benefit from the following advantages: y y y y Because Our company is independent and technologically agnostic. and find the right fit for your organization. Panorama Consulting Group helps clients find the ERP software that best fits their budget. operational. and risk We guarantee our work and operate on a fixed pricing model. We take the time to get to know your business.y y y y y y y We are independent and technology-agnostic Deep and broad expertise with over 100 different ERP systems Best practice and proprietary tools and methods International group of consultants prepared to work on-site with your team Team with strong business. so our software selection clients benefit from our hands-on . we don·t push one software package or ERP vendor over another to benefit our own bottom line.

productivity and efficiency y y y y y Design engineering (how to best make the product) Order tracking. Tasks that need to interface with one another may involve: y Integration among different functional areas to ensure proper communication. from acceptance through fulfillment The revenue cycle. and costing (what the vendor invoiced) y The accounting for all of these tasks: tracking the revenue. . cost and profit at a granular level. a large manufacturer may find itself with many software applications that cannot communicate or interface effectively with one another.ADVANTAGES OF E. inventory receipts (what arrived).R.P In the absence of an ERP system. from invoice through cash receipt Managing inter-dependencies of complex processes bill of materials Tracking the three-way match between purchase orders (what was ordered).

y y The system may be too complex measured against the actual needs of the customers. and employee morale. Re-engineering of business processes to fit the "industry standard" prescribed by the ERP system may lead to a loss of competitive advantage. and consolidation into a single enterprise may yield limited benefits. y Some large organizations may have multiple departments with separate. missions.including those implementing and testing changes . y y Customization of the ERP software is limited. ERP Systems centralize the data in one well as a lack of corporate policy protecting the integrity of the data in the ERP systems and the ways in which it is used.P Problems with ERP systems are mainly due to inadequate investment in ongoing training for the involved IT personnel . switching costs are very high for any one of the partners (reducing flexibility and strategic control at the corporate level). lines of responsibility. etc. y Resistance in sharing sensitive internal information between departments can reduce the effectiveness of the software. y The blurring of company boundaries can cause problems in accountability.R. y Once a system is established.DISADVANTAGES OF E. y ERP systems can be very expensive (This has led to a new category of "ERP light" solutions) y ERPs are often seen as too rigid and too difficult to adapt to the specific workflow and business process. independent resources. . chains-of-command. This can increase the risk of loss of sensitive information in the event of a security breach.

The ERP implementation in India demanded more than the custom erp India module. There was demand only for top notch services and professionals. manufacturers and endusers. It was well evident that ERP market could boom and give the necessary impetus to stakeholders. However this did not mean that mediocre could survive in the market. They must have been working with different requirements till then. This naturally led to improvement in the quality of services offered. As discussed earlier ERP was initially restricted to back office functions and later spread its wings to all the operations in the enterprise. This problem in itself helped to get another important solution. This was not only the case in India but else elsewhere in the globe. The ERP experts will definitely be able to restructure the ERP systems with the help of resources and expertise available with them. Firstly this paved way for more prospects in ERP market. The end user was getting assured that he would be receiving the best services for the money invested. This naturally meant that the ERP manufacturers and vendors had to increase the functionalities and scope of the application. Compelling them to suddenly change will land things in a mess because there will be lot of confusions for the vendors. .How did ERP penetrate on a vast scale in India? The Y2K problem and other diminishing opportunities of IT professionals were seen as a big challenge to the IT market. Sudden change Firstly they are bound to increase the scope of ERP in enterprise operations. The slump of the IT sector would add drudgery and smash the hopes of so many individuals and companies. Such an improvement increased the competition among various players. The unrealistic deadlines and time pressures further add agony to this menace. However doing it all on sudden is a difficult task. Case ERP in India got more and more competitive. Once this got stabilized there was no looking back. This proved to be a biggest challenge to the nation who were banking (and are still) on IT skills for development aspects (individual. economical and overall). The demand and supply gradually transformed from general to enterprise resource market. There are practical difficulties when it comes to this issue.

However it would be next only to impossible to change even before the current change has stabilized in the market. No doubt change is inevitable and an element for growth. They can decide to stick on to change but it will cost them heavily.Technical factors Secondly ERP in the nation calls for a restructuring in the technical aspects. Some bigger companies still hesitate to invest in ERP due to the exorbitant costs. This is definitely appreciable. It is indeed encouraging to find that a vast majority of them have realized its benefits and have determined to go for it. penetration in terms of sectors like education. The effectiveness of the replacement is an important issue.But when it comes to companies that already run successful ERP systems they have to stick on to the technical changes or ship out from the market. This is advantageous for the companies that go for ERP at the first instance . However some of them are keeping quiet due to the risks involved besides the unforeseen expenses and losses. scope and applicability in terms of opportunities and venues. Finance This is another important determinant of ERP market in India. The fate of the businesses that have already implemented and deployed ERP remains a big question mark. They can work on to find some replacement technology rather than going for an all round change. . However India has got a long way to go when it comes to Improving ERP in terms of technology. Conclusion The ERP market in India is definitely promising. employment and the state run offices.

The major challenges of an ERP implementation for an organization are: Selection of ERP software: This is a very critical decision that an organization needs to take.resources and work shall be taken into consideration and plan shall be laid down for it. nature of business and investment figure It shall have aggressive schedule and proven path for implementation. They prepare pre-implementation strategy for enterprise software. budgeting for the procurement of ERP software and services. This strategy involves identification of business needs. . So erp implementation can be divided into parts like different departments and they can be integrated at the later stage . Taking a time more than a year takes its seriousness and positive feeling of getting changed for for better business away and leads no where. During implementation of erp time.ERP implementation is always a tough job for the organizations. geographical spread. To get successful implementation organizations need to be very careful.This gives the advantage of seeing the results in one department and hence resources can be effectively utilized by the next departments. After finalizing the enterprise software they start the implementation and finally adopt the ERP system as an organization wide solution. Temporary Change in the business shall not effect the implementation of erp and its software. evaluation of various ERP software to suite its business process. When SMEs think about ERP implementation. they identify the need of an ERP system. However it is vital to consider the size of the business operations. the projected growth in the years to come.

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