Leadtek Corporation September 10 2014 Business Report Table of Contents I. Executive Summary 3 II. Introduction 3 III. Main Body 4 IV. Recommendations 8 V. Reference List 12 I. Executive Summary Anderson (2014) said “ERP implementations rarely fail in formulation; however, they frequently fail in implementation.” It does not in with just purchasing an ERP system. A well designed implementation plan is the company’s ticket to success. A well designed implementation plan addresses all potential bottlenecks like execution problems such as lack of training, attitude and participation of the entire workforce from leaders to staff, and member selection for the whole ERP project implementation team. An ERP project is …show more content…
Though these are key success factors, the right understanding of what the project is all about is the first most pivotal. A company about to take on implementing an ERP solution must embrace the fact that it is not only an IT project but a huge business project. For Leadtek Corporation, the aforementioned factors are lacking. It is the purpose of this business report to point out the problems and determine what caused them. These setbacks will be then be recommended with corresponding solutions or possible preventive measures towards the end of the report. III. Main Body Regardless of what industry your business is a part of, implementing an ERP system is a crucial venture that must be taken seriously for it necessitates strong commitment by the project team and solid support by the business leaders for guaranteed success. It is a known fact that ERP deployment is among the most costly, labour-intensive, lengthy, and complicated tasks a project team can take on. Poor planning is a recipe for ERP project failure as planning is a vital part of the whole project process. A lot of organizations do not carry out enough straightforward planning before they start down the path. It is good that in the initial attempt of Leadtek Corporation, the standard ERP implementation methodology of involving a Definition Phase was done since it is during this phase where in requirements
The University of Massachusetts’s ERP project would include the student modules, financials, and human resources. Early in the system development life cycle, the separate campuses had conflicting issues concerning the details of the ERP. Too much time was wasted on minute details and not enough time was spent developing the work plan / project framework for the upcoming project (Solis, 2003).
Enterprise resource Planning (ERP) is any integrated cross-functional software that reengineers manufacturing, distribution, finance, human resources and other basic business processes of a company to improve its efficiency, agility and profitability.1 On an initial view, an ERP system appears to be the cure for any company’s issues. The installation of such a system offers an organization the opportunity to re-structure their procedures, to coordinate branches’ systems in other geographic locations, unify information and inspire employees via granting them permission to company information. Now these chances exist at heightened costs financially. There are also implementation horrors and labor issues with which must be dealt with. A
Brown et al., (2012) stated that responsibilities would be distributed among the triad as co-leads with each individual responsible for different aspects of the project, Wilson for technology, Beutler for business coordination, and Davis for change management. The co-leads met daily to coordinate efforts, discussed issues and made decisions together, so as to work together as one team in order for strategic plan to align with the business plan and continue to meet the strategic goal. The co-leads planned for every conceivable scenario that could happen along the path in implementing the new ERP system. Communication played a key role with the co-leads and the other project stakeholders. The co-leads communicated every issue and asked for input from the entire firm to ensure no process or step was overlooked so as to capture the processes in the planning stage. The project had management’s support as well as a project champion which assisted in positively encouraging management and the staff on the benefits and advantages of the new
Kumar, P. (2010). Successful implementation of ERP in a large organization International journal of engineering science and technology. Vol. 2(7), 3218-3224. Retrieved from http://www.ijest.info/docs/IJEST10-02-07-151.pdf
The company owns an ERP package specifically designed for the plastics manufacturing process. Evaluation of this software product is essential to ensure the ability to handle the operations in Georgia, Michigan, and China to meet Riordan’s needs for scalability. A new ERP package research will be accessible should the current product prove incapable of meeting Riordan’s needs.
A successful ERP Implementation Plan involves several steps. These steps include Project Planning, Architectural Design, Data Collection, and Testing (Raj, 2010). In addition, Training is a very important the implementation plan. During the project planning phase, deciding on project goals, project costs, and communication about deadlines and resources. Within the architectural design phase, decisions on programming languages or vendor selection are made. Data collection is the next phase according to Raj (2010). This phase includes collecting data elements important to the business and putting them into a format that can be loaded into the database. The next phase is the testing phase. The testing phase
Up to a greater extent, this has enabled the company to control its material management (MM) and sales and distribution (SD), and the cost controlling (CO), but still there is a lack of standard efficiency and the material management barriers prevail in the organization. With this ERP model, the company has achieved estimation of accuracy, project time cycles, but still the administration is lacking to find a comprehensive profit and loss picture for each project in process across different business
Foremost among these is that the ERP implementation efforts of many of their larger counterparts have resulted in partial failure, and in some cases total abandonment. Moreover, small manufacturers tend to lack the financial resources to adopt the entire system and may be forced to adopt a piecemeal approach to integrating the typically expensive ERP systems into their services. It is also felt that the lower staff levels in smaller enterprises when compared to their larger counterparts are inadequate for the rigorous and extensive IT training and development requirements for implementing an ERP project. It is however important for these firms to ensure that they make adequate studies of ERP systems before deciding to do away with them altogether because it has been found that they can be of use to the success of the business, especially after successful
ERP implementation is unlikely experience that any company will have. It has to be planned prepared and stimulated from the entire stakeholder otherwise it will sunk the millions of dollar and it drain the companies market. In case of Nestle USA, it confronted a lot of difficulties due to improper implementation plan yet be able to recover as a successful project. Many organisations have gone through the similar situation that there are plenty of lesson to be learned. We can conclude that ERP implementation needs big consideration on business requirement, business process reengineering, stakeholder’s involvement, hardware and software and other units.
As a result of technological advancements, modern businesses seek new and improved methods of conducting their business processes. Systems have been designed to augment and manage core business functions such as production, accounting, procurement, and human resources. However, even with these systems in place, information is unreliable and inconsistent if they are on disparate platforms. Enterprise Resource Planning (ERP) software tackles this problem by integrating business processes into a centralized system.
The entire case history revolves around enterprise resource planning (ERP). The Resort case talks about carefully structuring an IT system so that the IT program is well-matched to the company and corresponds to its offerings and needs. The case history provides us with an indication of 3 recommendations that can be employed in order to choose an ERP system that is most effective and helpful to one's needs.
An effective communication has been suggested to be one of the success factors that have an impact on users’ acceptance of an ERP implementation (Amoako-Gyampah & Salam, 2004). Furthermore Ngai et al. (2008) rightfully pointed out that communication is vital for an organisation to achieve an advantage from the ERP system implementation. In order to overcome user resistance before and during the implementation of ERP, operative and explicitly communication is very important in all
This paper investigates the implementation of ERP project at FoxMeyer Drugs in 1993. The paper will identify lessons learnt from the failure of the project implementation. However a critical analysis of what went right and wrong will be carried out.
This report is produced for the purpose of critically analysing the project life cycle of the ERP implementation at ABC Technologies. To begin with the ERP implementation at ABC could be called as a project when analysed against different definitions in theory. Due to the characteristics such as availability of a time, cost and resource plans. On the other hand the project is following a specific life cycle which could be defined with major
ERP (Enterprise Resource Planning) is one the latest technologies being adopted by major companies all around the world. ERP aims to integrate the business operations and simplifying them in the process. It also aims to keep the data updated for all departments of the organisation. The scope of SAP ERP is unlimited and the software is in great demand in the market today.