1. Enterprise Resource Planning
- Presented by Rinkal Hirani
Session 2

2. Session 2 Tangible and Intangible Benefits of an ERP Risks of ERP
Risk Mitigation
Technologies related to ERP

3. Tangible Benefits of an ERP
Reduced Inventory costs
Reduced Manpower costs
Reduced Material costs
Improved Sales and Customer service
Efficient Financial Management

4. Intangible Benefits of an ERP
Accounting
Product and Process Design
Production and Material Management
Sales
MIS Function

5. Risks of ERP People Issues Process Risks Technological Risks
Implementation Risks
Operation and Maintenance issues

6. People Issues Change management Internal staff adequacy Project team
Training
Employee re-location and re-training
Staffing
Top management support
Consultants
Discipline

7. Process Risks Program Management Business Process Reengineering
Stage Transition
Benefit Realization

8. Technological Risks Software Functionality Technological Obsolescence
Application Portfolio Management
Enhancement/Upgrades

9. Implementation Risks Project Size Length Implementation Time
High Initial Investment
Unreasonable Deadlines
Insufficient Funding
Interface
Organizational Politics
Scope Creep
Unexpected Gaps
Configuration Difficulties

10. Risk Mitigation Phased-out approach to migration Sufficient Training
Legacy System planning
Thorough testing
Provide plenty of IT support
Develop contingency plan

11. Technologies related to ERP
Business Process Re-engineering (BPR)
Data Warehousing
Data Mining
On-line Analytical Processing (OLAP)
Product Life cycle Management (PLM)
Supply Chain Management (SCM)
Customer Relationship Management (CRM)
ERP Security
ERP Bolt-ons