1.

List the benefits of ERP implementation in an Enterprise.

Answer»

Benefits of ERP system 

1. Improved resource utilization:

Resources such as Men, Money, Material, and Machine are utilized maximum hence increase productivity and profit.

2. Better customer satisfaction:

Without spending more money and time all the customer’s needs are considered well. Because the customer is the king of the market. Nowadays a customer can track the status of an order by using the docket number through the Internet.

3. Provides accurate information:

Right information at the right time will help the company to plan and manage future cunningly. A company can increase or reduce production based upon the right information hence increase productivity and Profit.

4. Decision making capability:

Right information at the right time will help the company to take a good decision.

5. Increased flexibility:

A good ERP will help the company to adopt good things as well as avoid bad things rapidly. It denotes flexibility.

6. Information integrity:

A good ERP integrates various departments into a single unit. Hence reduce the redundancy, inconsistency, etc.



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