Investigation and Study of Vital Factors in Selection, Implementation and Satisfaction of ERP in Small and Medium Scale Industries (original) (raw)
Related papers
Applicability of ERP in Indian Small and Medium Enterprises
International Journal of Trend in Scientific Research and Development, 2018
ERP (Enterprise Resource Planning) may be thanks to integrate the information and processes of a corporation into one single system. Its main goal is to integrate knowledge and processes from all areas of the organization and unify it, to supply easy acces And an economical work flow. ERP Systems typically accomplish this through one single info that employs multiple software package modules. In India, SMEs area unit the backbone of the economy and area unit nowadays baby-faced with world competition. Therefore, it becomes imperative to appear for means that of responding to the dynamic markets. ERP systems became the foremost common IT strategy for many giant corporations. Gift analysis argues that ERP implementation in Indian SMEs ought to extend its scope on the far side the configuration to the strategic, managerial, and technical problems by considering vital success factors for flourishing ERP implementation at Indian SMEs that will place Indian SMEs on the competitive position. During this paper, we've got examined ERP in Asian nation.
ERP product selection criteria for Indian small and medium enterprises: an empirical study
International Journal of Business Information Systems, 2013
As competition is growing and the processes become more and more important in deciding the efficiency and bottom-line of small and medium scale enterprises (SME), the trend among SMEs to implement an appropriate ERP is catching up. Success of ERP implementation begins with selecting the right product to cater the need of all business types; inadequately selected ERP may affect companies' market share and implementation time, effort and cost. Selecting the right product can be extremely time-consuming and daunting. The research is therefore aimed at ERP product selection criteria for Indian SMEs. The finding of this research will help the marketing and sales team of ERP product companies to improve upon the key points and also enable end users to make informed decisions in selecting the ERP package for the organisation.
Formulating, Implementing and Evaluating ERP in Small and Medium Scale Industries
The World Academy of Research in Science and Engineering
To increase the efficiency and productivity, Enterprise Resource Planning (ERP) systems are implemented in corporations. However, the implementation of ERP can be extremely tricky. Due to this, many small and medium enterprises (SMEs) fail to identify the importance of ERP and address its challenge. ERP has a big role to play particularly in developing countries. There is a need to motivate SMEs to implement ERP and make it a successful business in developing countries. This need is evident as SMEs play a vital role in the economic development and stability in the developing countries. However, only a handful of details are publicly available about the success and failure factors of the SMEs in the developing countries. To motivate SMEs, this work aims to provide a list of key critical success factors (CSF) found in various ERP systems in SME related literatures. We are proposing a generic matrix of the important CSFs found in literature. This work identified the top 3 CSFs to be the top management support, change management and project management. This work further proposes a model consisting of different phases of ERP implementation to be followed. In this paper, we attempt to relate the main CSFs with the management decisions. Further, the CSFs are ranked based on the correlation with the success of ERP implementation. This can benefit the SMEs which are considering or implementing ERP better.
Influence of SME characteristics on the implementation of ERP
TELKOMNIKA Telecommunication Computing Electronics and Control, 2020
The ERP market has recently experienced a significant evolution in recent years, both in large companies and in small and medium-sized enterprises (SMEs). Compared to large companies, SMEs are distinguished by specific characteristics that can influence the implementation of the ERP system in these organizations. The purpose of this study is to analyse how these characteristics can determine the success or the failure of ERP implementation in SMEs. First, a set of characteristics, specific to SMEs has been identified from the relevant literature. Then, the influence of each characteristic on the different ERP lifecycle activities were studied. A multiple case study of four SMEs from different sectors was conducted. The data collection was carried out through 28 individual interviews with several stakeholders (users, external consultants, internal IT specialists and managers) in the four cases. The analysis of the interview data showed first that financial resources, Decision making and, the type of ownership of the company were identified as the most influential contextual factors. Then the two phases of the ERP life cycle "implementation" and "use and maintenance" were identified as being the most affected by the context of SMEs. The study results have significant implications for experts, managers and information. Keywords: Enterprise resource planning system ERP implementation ERP lifecycle SMEs This is an open access article under the CC BY-SA license.
Exploring the use of ERP systems by SMEs
planning, 2002
Nowadays most of large companies have been using an ERP system, thus ERP vendors are moving their attention toward small and medium enterprises (SMEs), by offering simplified and cheaper solutions. Such an approach is mostly due to SMEs’ lack of internal competence and resources, while most of large companies have been investing time, money and human resources to modify their strategies and exploit the opportuni-ties related to the business use of information technologies. Experiences on the field show that SMEs often fail in recogniz-ing the economic and organizational impacts related to the use of ERP systems; as a consequence, the evaluation of acquiring an ERP system, instead of choosing a system supporting spe-cific business functions, is a strategic decision that, mostly within SMEs, should be supported by evaluation models. Starting from a theoretical model analysing the opportunity of acquiring an ERP system according to the evaluation of both the business complexity and the level of organizational change, this work aims at verifying on the field the hypotheses of this model as well as to look for other criteria suggesting the most suitable solution according to the business features. This paper will describe in detail the results coming from a survey on a set of 79 Italian SMEs.
Necessity of Enterprise Resource Planning Systems for Small and Medium-sized Enterprises
2023
For small and medium-sized enterprises (SMEs), the advantages of ERP systems are obvious. Many small businesses initially use different software and applications to manage each business process, such as separate programs for invoicing, finance, sales, etc. However, these programs are not integrated with each other, which can cause problems such as data loss between different databases, errors caused by manual data entry, and time-consuming manual processes. However, ERP systems provide a single, integrated system that connects all important business processes, reducing data loss and errors. With the help of an ERP system, businesses can manage finances more efficiently, implement more consistent sales and marketing strategies, better plan and organize production and logistics processes, and manage human resources more effectively. However, ERP systems also have some disadvantages, such as implementation costs and time-consuming implementation. In addition, businesses should choose an ERP system according to the number of their staff and the complexity of their processes to best suit their needs. The efficient operation of small and medium-sized enterprises (SMEs) and the growth of their performance is facilitated by the use of various technologies/techniques. Covid19 has highlighted even more the importance of using these technologies-which differ from sector to sector-but at what point during the company's life cycle does an SME reach the stage where it already needs a complex, integrated business management system ERP?
Handling Small Scale Indian Businesses using an ERP Solution
International Journal of Advanced Research in Science, Communication and Technology
An ERP software, also referred only as Enterprise Resource Planning System, has evolved into one of the most functional and beneficial deployments. ERPs are extremely capable of providing a robust institutional structure and streamlining the entire enterprise. ERPs had also grown in popularity well over previous couple years as a result to considerable cost reductions and better management of an organization’s entire commercial procedures. Because of the extensive and complete interconnection, ERP maintenance is an enormously expensive process, but that's why most of that has been concentrated on large enterprises. That's also why nearly every one of these innovative concepts have remained out of budget for small and medium enterprises. Owing to the increase expense of these innovations, plenty other academics were also banned from examining them and making extensive changes. As a consequence, an efficient way for developing a complete strategy to ERP for those relating to t...
ERP SYSTEM SELECTION FOR SMALL MEDIUM ENTERPRISES (SMES): A SYSTEMATIC LITERATURE REVIEW
IAEME PUBLICATION, 2020
ERP is a software that functions to manage and integrate various operational activities in a business. With the development of cloud computing, ERP has become affordable software for SMEs. Currently there are so many ERP products on the market, where most SMEs do not have IT resources who understand how to choose the appropriate ERP product. One of the success of ERP implementation is determined in the product selection phase, therefore it is very important to know what factors must be considered when choosing an ERP product. In this paper, we follow the Systematic Literature Review (SLR) research method, reviewed 51 articles, to explore criteria of selection ERP in SMEs. This paper classifies the ERP selection factors into five factors and is grouped between developed and developing countries. ERP selection factors for developed and developing countries are quite different. But in general, the most important factor to be considered is business functionality.
Small and Medium-sized Enterprise (SME) requires to tap the power of Information Technology (IT) and integrate information system in order to stay competitive and customer oriented. Thus, the Enterprise Resource Planning (ERP) is one solution to integrate information technology infrastructure to meet global competition. This research paper investigates the factors that prevent Malaysian SMEs from fully adopting the ERP system. Through various literatures, this paper will address the degree of factors that gave an impact and provide rating of impact to the SMEs. Quantitative surveys were done in 21 SMEs to understand the actual situation of ERP adoption. The research instrument use was the online survey system. Results from the survey concludes that the on-availability of suitable ERP system the meets the SME business needs is one of the five important factors that prevents the adoption of such system. ABSTRAK Enterprise Kecil dan Sederhana (EKS) perlu menggunakan kuasa Teknologi Mak...
ERP in Indian SME’s: A post implementation study of the underlying critical success factors
Int L Journal of Management Innovation Systems, 2010
Over the past year, the global economic crisis has put the spotlight on many business organizations of any size. With India not being spared of the impact, large establishments have attempted to tackle this crisis in their own ways. Amid all this, SME's are increasingly being brought into focus on account of their huge growth potential.