ERPs: How to Make Them Work

ERPs are one of the fastest-growing segments of the business-software industry. They offer a single system linking together all corporate operations, including planning, manufacturing, sales, vendor relations, inventory control, human resources, and accounting. Companies around the world spent over $10 billion on ERPs last year. Like many new technologies, ERPs have near-magical effects when they work as promised. Companies have reported, for example, the ability to calculate new prices instantly when a single component in a product changes; more accurate manufacturing cost comparisons among different facilities; better electronic data interchange (EDI) with vendors and suppliers, etc. However, ERP installations don’t always go smoothly. This article offers tips from those who have lived through the experience. Includes a sidebar on planning tips on designing and implementing an ERP program.

 

About the Author /

hplotkin@plotkin.com

<p>My published work since 1985 has focused mostly on public policy, technology, science, education and business. I’ve written more than 600 articles for a variety of magazines, journals and newspapers on these often interrelated subjects. The topics I have covered include analysis of progressive approaches to higher education, entrepreneurial trends, e-learning strategies, business management, open source software, alternative energy research and development, voting technologies, streaming media platforms, online electioneering, biotech research, patent and tax law reform, federal nanotechnology policies and tech stocks.</p>

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