Integration Of Intelligence And Enterprise -Myassignmenthelp.Com

Question: Discuss About The Integration Of Intelligence And Enterprise? Answer: Introduction The enterprise resource planning technology are basically the computer applications that are made up of numerous components for instance the human resources , sales , manufacturing in addition to finance offering of the cross organization integration of the data via the embedded process of the business (Leon, 2014). The EPR software package can be customized in order to cater for various needs of the business. When an organization utilize the ERP system in the industry, it would serve as an important aspect towards the development in the corporate use of the IT. The implementation of the ERP programs could impact the users at different levels of the organization as it cuts all across the business function units. Users range from the top management to the low level who uses the system in their daily operations (Leon, 2014). It is important to understand that the ERP is an industry driven concept as well as systems, and it has been accepted by various industry as the practical solution when it comes to achieving the integrated enterprise information systems. Companies today confront on the new markets, new competition as well as increase in the expectations of the customers. Organizations today has been able to re-engineer practices as well as procedures to become a lot more responsive to the clients and the competition. The effectiveness of any enterprise depends upon the flow of the data across the complete supply chain; such from the client to the manufacturer to the supplier (Leon, 2014). The enterprise resource planning models , have grown to be vital specifics technology that have been used by plenty of the business enterprise today , to achieve the competitive upper hand against the competitors ( Tao , Cheng , Zhang Nee , 2017 ) . Nevertheless, this decision solely plausible when the execution has been coupled to the process of re-engineering (Bento ISTM, 2015). The utilization of the ERP system offers the capability of developing of most the primary business applications which include all the areas and the levels of a business (Bi, Da Xu Wang, 2014). All the programs in the ERP suite usually share prevalent set of the data which is often stored to the central database. It functions as the backbone for the whole strategy of computing in the business, integrating on the essential business in addition to the management processes to have the ability to provide a sky-level view of what exactly is going on in the organization (Bi, Da Wang , 2014 ) ) . An ERP system generally provides the functions for the accounting along with the controlling, production and the materials management, the quality management, sales and the distribution, human resources as well as the project management. In this study, it is going to talk about the roles as well as intent behind the enterprise resource planning system, advantages along with the drawbacks of ERP implementation, in addition to the literature review of the ERP system and the current trends of ERP system. SWOT analysis SWOT Analysis Organization:RealEstate.com.au Date: 3/10/2017 Description ofcurrent/newICT service: The organization is intending to adopt modern Enterprise planning system. This system is intended reduce the cost of operations, as well as errors especially in the human resource, finance, and human, supply and human resource department. STRENGTHS There is automation of the system. The system is being integrated to the processes of the business. There are various services in which are offered by the organization particularly in their different locations. They have skilled workers as well as experienced management within the business. They have incorporated the modern ERP technology in their operations (Bi, Da Wang, 2014). The business enjoys availability of the assets which are available that may include machines. The business has invested a lot in innovation and they have invested a lot of money to support innovative ideas. WEAKNESSES The system has a complex user interface and it may require complex training for the workers. The changes from the old system to the new one has been slow as well as confusing for the users. The aspect of speed has been an issue especially in the stage of implementation. There are less roles in the company which have been made since the system incorporate most of their processes. OPPORTUNITIES The system will offer competitive advantage to the other business. The system will provide more accurate, efficient as well as automated system. The business can further use the emerging technologies such as the cloud and the big data which could be incorporated to the system. THREATS There is the risk of the data being compromised when the organization migrate to the new system. There are vulnerabilities which would be exhibited in the system. The vendor consolidation in the industry could be a major issue to the company. The high competition with the key players in the industry has led to the decrease in the profit margin of the organization. Recommendations: This system will be revolutionize on the way RealEstate.com.au will carry their business and it this system will offer the business a competitive edge aspect (Bi, Da Wang, 2014). When it has been implemented fully the team member will be able to carry out their duties faster and from one system, which will provide a continuity as well as efficiency to the flow of the work (Seethamraju, 2015). This system will require incredible amount of the retaining and change to the practices in the work. The system will cost the organization a lot of money. Nonetheless, when it will be implemented fully it will provide a unified as well as a better system than the previous one. This will see the growth of the business and evolution of new services and products. Short Term (Now) In the short term there will be implementation of the project and training of the users which will be undertaken by the professional experts who are specialized in this kind of system. Mid Term (next 12 months) In this period the new system will be integrated fully to the process of the organization and the old system which they were using previously will be removed. Long Term (next 3 to 5 years) During this period the organization will be adding more features as well as add on to the system to allow it to perform all the functions in the business. This would allow the employees to access it even using their own devices. Role and purpose of Enterprise resource planning. The enterprise resource planning system (ERP) are designed for the purpose of the distributors, retailers as well as the professional services organization based on their needs (Seethamraju, 2015). The ERP are basically implemented to be able to offer more accurate data and at the same time safe time, reduce on the costs of the assets along with the financial cycles, increase in the satisfaction of the customers and the globally integrate the data across the organization supply chain. Most of the ERP system utilizes the relational database technology to be able to integrate numerous units of the business information system that integrate all the business as well as the sub-processes which are incorporated into the single system (Seethamraju, 2015). The ERP system are designed to major focus on the four parts in the business; financial, marketing, human resource and the supply chain. The ERP system are important and they can be used in every organization despite its objective, size as well as the areas of the operations (Stadtler, 2015). The use of this system can economize and improve on the overall efficiency to the average existing work process. Organizations may not run competitively without the use of the ERP system in this current modern day (Rahimi, 2016). The use of the ERP system can be configured to be able to accommodate the various work processes in the business. ERP system seems to promise the aspect of coordinating as well as controlling various components of the corporate planning. Benefits and the drawbacks for the implementation of the ERP system The benefits which are associated to implementation of the ERP system could help the business to reduce the cost and the cycling time, increase on the productivity and the quality, improvement of the customer services through automation basis and repetitive operations (Fleischmann, Meyr Wagner, 2015). The ERP system can automatically estimate on the demands for a particular product, order the raw materials, tracking down of the entire inventory, provision of the production schedules, allocating of the costs as well as keeping the historical information of the customer (Galliers Leidner, 2014). The ERP system can repeat all of the operations and at the same time keep the data to enable the organization analyze to impact on the changes of the product volume along with mix to be able to maximize the profits margins of the corporate. The ERP system have been found to provide informational benefits to the management of the organization. The ERP system have been found to help a business to be able to achieve better resource management such as the management of the workforce, improvement of the inventory management, optimization of the supply chain and the production schedules (Galliers Leidner, 2014). According to research it has highlighted that with the use of the ERP it can help improve in the decision making as well as increase in the responsiveness of the market (Leon, 2014). The ERP also helps in the enhancing better profits as well as the control of the costs along with providing flexible services to the customers. Drawbacks of ERP system implementation. One of the major issue associated with the ERP implementation is the technical issues. This highlights how successful selecting a software package is significant and in most of time the last problem usually appear to the thorny path towards getting the whole system to run and provide value to the business (Fleischmann, Meyr Wagner, 2015). The servers as well as the workstations should be revised to accommodate the new system, along with the modern ones they should be ordered, acquired as well as substituted (Nofal Yusof, 2013). Another problem is the information quality, this problem is symptomatic to the organization which are implementing the ERP for the initial time and transferring their information to this latest system from the excel spreadsheets, or the manual record to the new system (Galliers Leidner, 2014). When old data has been stored for many years it could appear just an approximate or even incorrect to the new ERP system (Fleischmann, Meyr Wagner, 2015). Another ch allenge would be business philosophy changes. The implementation of the ERP system could bring major changes to the business model of an organization especially in the running of day to day practices which they have been employing over the years. Growth of the ERP The following table highlights the growth of the ERP from its initial stages showing the developed characteristics along with the purposes decade after decade (Fleischmann, Meyr Wagner, 2015). From the table below it shows that the ERP evolution as well as the growth relates to the development of the technology especially to the grounds of the application systems along with the online transaction via the internet which has become a key part to most organization. The table highlights the growth of ERP from the year 1960-2000. In the current era the major advanced ERP vendors who are providing the ERP solutions are Oracle, SAP, Invensys and PeopleSoft (Fleischmann, Meyr Wagner, 2015). These vendors focus on the internet based architecture as a result of the raise in the E-commerce as well as globalization of the businesses. There are few of the businesses that are growing there ERP system with the current modules. Moreover, they have gone a step further to change the names of the ERP system to be catchy for example; E-commerce suite, enterprise solution as well as enterprise suite (Fleischmann, Meyr Wagner, 2015). Today there have been advancement of the ERP than the manufacturing resource planning. Presently, SAP is the global leader when it comes to the inter-enterprise software manufacturing organization and it is the leading supplier of the ERP globally (Laudon, 2016). To be able to have wide range of the application, SAP idea was to offer the clients the ability to cooperate with various database in a firm and today organization such as IBM are utilizing SAP products to run their business. ERP process. According to Ellis (2016), proposed various phases of the model of ERP process, these phases are chartering, project, the shakedown, as well as the onwards and upward. When the decision of implementation has been made, the software is then developed, configured as well as deployed based on the requirements of the business (Fleischmann, Meyr Wagner, 2015). In the process of there is deployment and normal operating status of the system; there is imposing of the controls and the system is stabilized (Fleischmann, Meyr Wagner, 2015). The system then moves to the normal operation status where the organization begins to utilize the ERP system (Hoch Dulebohn, 2013). In this model it highlights how organization should set their business from the ERP before they can buy and implement those ERP software that are most suitable for the obligations of the business and this can lead to better progress as well as growth of the organization. Key features of the ERP The major characteristics of the ERP essentially comprise of the global financial capabilities, the advanced planning as well as scheduling, configuration of the product, customer relationship managements, supply chain management along with the e-commerce (Hoch Dulebohn, 2013). The important features of the ERP system are as follows; one of the characteristic is that ERP is able to integrate the business wide information from all the parts of the organization which are functional (Zeng Skibniewski, 2013). Secondly, the ERP system are very adaptable especially to the newer and different framework of the business. The ERP system in most of the time they operating through use of the shared database management and they help in the effective communication in the processes of the business (Ellis, 2016). They are able to act in the actual processes of the business in ways which are applied to manage the resources of the business such as suppliers and the customers (Ellis, 2016). The use of the ERP system helps in the multi-dimensional analysis of the profit of the business. organization across the globe are benefiting from the effort of their globalization of the business since they are using the ERP system which has helped in the enhancement of better customer services, web-enabling in the business along with the improved accessibility of the information. Conclusion. The implementation of the ERP could be a huge step and commitment for an organization, which can cost a lot of money and could take long time to complete the implementation process. However, the integration of the system successful could bring forth benefits to the business. A system that is designed and integrated could allow most of the information which have been updated to be shared among various functions of the business, which could result to tremendous reduction in the cost as well as increase in the efficiency. When an organization is making the decision for implementation, they need to consider key fundamental issues for example the readiness for the sudden changes, degree of the integrations, and the key process to which will be implemented. To be able to increase the chances of the acceptance of the users, the staff should be consulted and involved in all the stages of the process of implementation. The organization should also offer training and education to the employees which could be an important strategy to increase the end user acceptance of the application. References Bento, R., Bento, A., Bento, A., ISTM, M. (2015). How fast are enterprise resource planning(ERP) systems moving to the cloud?. Journal of Information Technology Management, 26(4), 35 Bi, Z., Da Xu, L., Wang, C. (2014). Internet of things for enterprise systems of modernmanufacturing. IEEE Transactions on industrial informatics, 10(2), 1537-1546. Ellis, B. A. (2016). 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