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Sartaj Singh, Lovely Professional University Unit 1: ERP Overview

unit 1: erp overview notes

contents
Objectives
Introduction
1.1 Introduction to ERP

1.2 Overview of ERP
1.3 What is ERP?
1.3.1 The Ideal ERP System
1.3.2 Implementation of an ERP System
1.4 Evolution of ERP

1.5 Reasons for Growth of ERP
1.6 Benefits of ERP
1.7 Failure of ERP Implementation
1.8 Integrated Data Model

1.9 Integrated Management Information
1.10 Business Modeling
1.11 Summary
1.12 Keywords
1.13 Self Assessment

1.14 Review Questions
1.15 Further Readings

objectives

After studying this unit, you will be able to:

l z Describe enterprise resource planning
l z State the growth reasons of ERP
l z Explain the ERP benefits
l z Discuss integrated data model and business modeling

introduction

ERP systems are now ubiquitous in large businesses and the current move by vendors is to
repackage them for small to medium enterprises (SMEs). This migration has many consequences
that have to be addressed through understanding the history and evolution of ERP systems and
their current architectures. The advantages and disadvantages of the ERP systems will impact
their penetration in this new market. The market position and general strategy of the major

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