Applied Management Research Project
Wednesday 10 April 2013
Wednesday 28 November 2012
Thursday 15 November 2012
Critical Success Factors for ERP Implementation in SMEs
The different CSFs for ERP Implementation in SMEs are :-
1) Reduction in Operating Costs
2) Reduction in Administrative Costs
3) Inventory Reductions
4) On-Time Delivery of Products and Services
5) Improvement in the Overall Work Efficiency of the SME
6) Better Customer Relationship Management
Sunday 11 November 2012
LITERATURE REVIEW :- SUMMARY OF RESEARCH PAPER 5
Research Paper Title: -
ERP Implementation for
Midsize companies: Necessary Expense or Strategic Investment?
Research Paper Author:-
Vinay Singh, CEO, Vital Wires
Consulting
Summary and Learning:-
The research paper discusses
the effects of enterprise resource planning (ERP) to small/medium-sized
enterprises (SMEs). It says that the main ERP problem faced by SMEs is their
limited resources while the product exceeds their standards. It says that
implementing the ERP product properly is as essential as the product itself. It
also presents the sources of the return on investment, including lower
operation cost, higher serviceability to customers, higher throughput, lower
cost of compliance and faster inventory turns.
LITERATURE REVIEW :- SUMMARY OF RESEARCH PAPER 4
Research Paper Title: -
Research Paper Authors:-
T. C. Loh, S. C. L. Koh
Summary and Learning:-
The research paper aims
to examine the critical elements that constitute a successful ERP
implementation in SMEs. The objective of the author was to identify the
constituents within the critical elements. A comprehensive literature review
and interviews with eight SMEs in the UK were carried out. The results served
as the basic input into the formation of the critical elements and their
constituents. Three main critical elements were formed: critical success
factors, critical people and critical uncertainties. Within each critical
element, the related constituents were identified. Using the process theory
approach, the constituents within each critical element were linked to their
specific phase(s) of ERP implementation. Ten constituents for critical success
factors were found, nine constituents for critical people and 21 constituents
for critical uncertainties. The research suggested that a successful ERP
implementation often requires the identification and management of the critical
elements and their constituents at each phase of implementation. The results were
constructed as a reference framework that aims to provide researchers and
practitioners with indicators and guidelines to improve the success rate of ERP
implementation in SMEs.
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