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Discuss advantages and disadvantages of applying enterprise resource planning.

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Discuss advantages and disadvantages of applying enterprise resource planning.

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Solution Summary

Benefits and limitations listed (in bullet format) and a few paragraphs of discussion. One reference.

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Enterprise Resource Planning is the latest high-end solution information technology has lent to business application. The ERP solutions seek to streamline and integrate operation processes and information flows in the company to synergize the resources of an organization namely men, material, money and machine through information. ERP Systems is used to gain a competitive advantage In the past decade the business environment has changed dramatically. The world has become a small and very dynamic marketplace. Organizations today confront new markets, new competition and increasing customer expectations.

ERP Systems is a means of using information to gain a competitive advantage

The benefit of ERP is as follows:

ERP facilitates company-wide Integrated Information System covering all functional areas like ...

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