TMG620 Example Term Paper

TMG620 Example Term Paper - Enterprise Resource Planning...

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Enterprise Resource Planning Running head: ENTERPRISE RESOURCE PLANNING Enterprise Resource Planning Student Name National University 1
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Enterprise Resource Planning Abstract This paper examines the core software applications of the Enterprise Resource Planning (ERP) system. At the heart of understanding the ERP system, a range of dimensions need to be examined and analyzed, including the evolution of ERP, benefits of using ERP, challenges and drawbacks of ERP, characteristics of ERP, the real cost of using ERP, and major vendors of ERP. These aspects are vital to examine as they provide a different perspective for different businesses. 2
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Enterprise Resource Planning Table of Contents Enterprise Resource Planning .......................................................................................................... 4 Definition of ERP ........................................................................................................................ 5 Evolution of ERP ......................................................................................................................... 5 Today’s ERP ................................................................................................................................ 6 Benefits of Using ERP ................................................................................................................. 9 Challenges and Drawbacks of ERP ........................................................................................... 10 Characteristics of ERP ............................................................................................................... 12 Costs of ERP .............................................................................................................................. 13 Major Vendors of ERP ............................................................................................................... 13 Recommendation ........................................................................................................................... 13 Summary ........................................................................................................................................ 14 List of Figures Figure 1. The ERP system of the U.S. Army. .................................................................................. 8 Figure 2. The ERP System of ABAS Business Software. ............................................................... 8 3
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Enterprise Resource Planning Enterprise Resource Planning Technology is increasingly growing and constantly changing. Companies and businesses are always seeking for an enterprise system that does not only improve visibility across all business departments, but also increases productivity and efficiency. Such enterprise system is likely to be seen in a system called Enterprise Resource Planning (ERP). As the ERP system becomes more popular, software applications have emerged to help business managers implement ERP in business activities such as inventory control, order tracking, customer service,
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TMG620 Example Term Paper - Enterprise Resource Planning...

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