Sunday, 11 November 2012

LITERATURE REVIEW :- SUMMARY OF RESEARCH PAPER 5




Research Paper Title: -
ERP Implementation for Midsize companies: Necessary Expense or Strategic Investment?

Research Paper Author:-
Vinay Singh, CEO, Vital Wires Consulting 

Summary and Learning:-
The research paper discusses the effects of enterprise resource planning (ERP) to small/medium-sized enterprises (SMEs). It says that the main ERP problem faced by SMEs is their limited resources while the product exceeds their standards. It says that implementing the ERP product properly is as essential as the product itself. It also presents the sources of the return on investment, including lower operation cost, higher serviceability to customers, higher throughput, lower cost of compliance and faster inventory turns.

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