Enterprise resource planning (ERP) is a software system that helps automate and manage business processes across finance, manufacturing, retail, supply chain, human resources, and operations. Choosing the right ERP platform for your organization can be a challenging and complex task, as there are many factors to consider, such as functionality, technical architecture, vendor ecosystem, product strategy, and cost.
We define success of ERP by delivering return of investments. ERP play crucial role in strategic business and making crucial decisions. Helping to make right decisions like what to stock, what should manufacturer, what and when should be purchased. Which product line should be focused on etc. If these decisions are made correctly, it increases the profitability.
As an ERP implementors and consultant, I always found the success rate of implementation increased when Directors or owners are more involved in ERP implementation as well as selection process. When selecting ERP, Cost should not be primary factor, but when decision maker is not involved in selecting a critical platforms which used to run business, most decision are made using cost only. Organization should focus on ROI (Return of Investment) instead of cost. A good ERP provide a platform for innovation and implementing strategies which in turns put businesses ahead of competitors. Improve staff performances and help in reducing costs as well as efficient use of resources like Human, Plant and machinery, cash etc.
That is why it is essential to have the involvement of the director and owner of the organization in the ERP selection process. They play a critical role in ensuring the success of the ERP implementation project by providing the following benefits:
- Vision and leadership: The director and owner can communicate the issues faced by the organization regarding business solutions to the consulting partner or vendor. They can also establish the vision and end-goals for the project and define what a successful ERP project looks like. They can provide strategic direction and guidance to the project team and align the ERP selection with the organization's mission, values, and objectives.
- Engagement and participation: The director and owner can ensure company-wide engagement and participation in the ERP selection process by communicating the benefits and value of the ERP system to all stakeholders. They can also foster a culture of collaboration and trust among different departments and functions, as well as with the external partner or vendor. They can promote user adoption and change management by involving end-users in the testing and training phases of the ERP implementation.
- Risk mitigation and decision making: The director and owner can oversee the high-level ERP responsibilities of the implementation project, such as budgeting, resourcing, scheduling, and quality assurance. They can also monitor and manage the risks and issues that may arise during the ERP selection and implementation process, such as technical glitches, data migration challenges, or user resistance. They can make timely and informed decisions based on accurate and real-time data provided by the ERP system.
As you can see, director and owner involvement are crucial for choosing ERP, as they can provide vision, leadership, engagement, participation, risk mitigation, and decision making for the ERP implementation project. By involving them in the ERP selection process, you can ensure that your organization gets the best ERP platform that meets your business needs and goals.
How Pharmaverge ERP helps?
Pharmaverge ERP is developed by team Logilite who has vast expertise in diverged technology. Also functional knowledge in different industries. Logilite has helped many businesses to innovate and solve critical problems using ERP platform and proven capability to provide platform as well as consulting to grow business by removing hurdles. You can connect with us for discussing your problems here.