In the manufacturing segment of the country, more than a quarter office expenses are utilized towards information
technology. It is because production units utilise the information technology most effectively, especially for controlling
inventory costs and customer services.
Depending upon the nature of manufacturing, the emphasis on the use of information technology may vary, but
most manufacturing units are attempting to incorporate the information technology advantage into its production
system.
The major sources of investment of production units towards the utility of information technology are:
• creating infrastructure like building-up systems, establishing network components, and effective communication
patterns
• designing soft wares and helping in its application
• utilising ERP packages
• expenses towards consulting services
• expenses towards the supply chain management
• data ware housing
• establishing e-commerce
ERP is becoming the point of focus of more and more companies so that they become players in the global
market.
ERP is not an add-on technology, but helps in creating the much-needed change to make business competitive
globally.
It is important to understand that the rapid demand of ERP does not allow ERP to be fully utilised. This is because
the complete advantage is only possible by a purposeful and the best implementation of ERP systems.
Nevertheless, ERP popularity is on the rise; moreover, ERP vendors are providing the necessary ERP packages to
the manufacturing units.
A stepwise integration is under way in the implementation of ERP in manufacturing units. In the beginning of
ERP, the integration of finance and logistics is done. This is followed by sales and distribution or the production
technology.
In the present scenario, most companies prefer to implement ERP simultaneously to decrease the gestation period
and also enhance faster integration of ERP.
technology. It is because production units utilise the information technology most effectively, especially for controlling
inventory costs and customer services.
Depending upon the nature of manufacturing, the emphasis on the use of information technology may vary, but
most manufacturing units are attempting to incorporate the information technology advantage into its production
system.
The major sources of investment of production units towards the utility of information technology are:
• creating infrastructure like building-up systems, establishing network components, and effective communication
patterns
• designing soft wares and helping in its application
• utilising ERP packages
• expenses towards consulting services
• expenses towards the supply chain management
• data ware housing
• establishing e-commerce
ERP is becoming the point of focus of more and more companies so that they become players in the global
market.
ERP is not an add-on technology, but helps in creating the much-needed change to make business competitive
globally.
It is important to understand that the rapid demand of ERP does not allow ERP to be fully utilised. This is because
the complete advantage is only possible by a purposeful and the best implementation of ERP systems.
Nevertheless, ERP popularity is on the rise; moreover, ERP vendors are providing the necessary ERP packages to
the manufacturing units.
A stepwise integration is under way in the implementation of ERP in manufacturing units. In the beginning of
ERP, the integration of finance and logistics is done. This is followed by sales and distribution or the production
technology.
In the present scenario, most companies prefer to implement ERP simultaneously to decrease the gestation period
and also enhance faster integration of ERP.
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