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Enterprise Resource Planning (Second Edition). Copyright 2008, Alexis Leon. All rights reserved.
2006 Prentice Hall, Inc.
1 51
ERP facilitates value creation by changing the basic nature of organizations in a number of different ways:
1. 2. 3. 4. 5. 6. 7. 8. 9. It integrates the organizations activities It eliminates data redundancy It provides accurate, timely, relevant and up-to-date information to the decision makers It provides on-line and real-time information It enables better and faster decision-making It forces the use of best practices It enables organizational standardization It eliminates information asymmetries It allows simultaneous access to the same data for planning and control
10. It facilitates intra-organization communication 11. It enables inter-organization collaboration 12. It enables the organization to be more agile and competitive
Enterprise Resource Planning (Second Edition). Copyright 2008, Alexis Leon. All rights reserved.
2006 Prentice Hall, Inc.
2 52