To ERP or not to ERP now is the question. Many companies are struggling to answer this question. ERP definitively has many strengths and advantages, but I think that the complexity of the installation and moving of all the processes to ERP is something that scares even the veterans in the IT field. Depending on the size of the company where ERP is being implemented and the complexity of installation, the process of converting to ERP could take years and cost millions or tens of millions of dollars. This is why about 50% of ERP installation fails on first attempt.
On the other hand, companies that do succeed in implementing ERP can reap its benefits. Savings are becoming visible due to increased efficiency and productivity. All of a sudden things that used to take days or months, now take hours. Work seems to be flowing much smoother. If that is not the case, then something is wrong with the ERP implementation. Hopefully with all savings in time and increased efficiencies, the company can start getting some return on their ERP investment.
ERP is not something that should be taken lightly, but it requires careful planning and integration to ensure its success.
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