There are many advantages available to businesses when implementing an ERP, these include inventory reduction, operating cost reductions, overdue accounts collection, process improvement and reduction cycle times. However most of these advantages can only be achieved if the system selected will fit the organisation’s goals and competitive strategies. Successful implementation will occur if proper planning and analysis is completed during pre-implementation to scope the businesses requirements. Dedication to the cause is also necessary, if there are employee that aren’t on board, this could cause hiccups along the way.
A significant advantage for Wingate Electric would be the added functionality in relation to Manufacturing modules. Being a manufacturing company, they could benefit greatly from an integrated production and manufacturing module, not to mention all the standard functionality that comes with an ERP. Total integration and automated processes would be major benefits, no longer will Wingate Electric have to update multiple files and refer to outdated and insufficient documentation.
Since many of Wingate Electric’s competitors are adopting ERP systems, Wingate Electric may forgo an competitive advantage by not adopting an ERP. There are very few options that will prove beneficial if Wingate Electric’s does not choose to implement an ERP system. One option is to perhaps, re-engineer or re-design business processes, perhaps there are inefficiencies in some areas that can be resolved, by creating new electronic forms, new procedures, or an employing additional staff. However, these will just seem like ‘bandaids’, and prolonging the inevitable.
Most likely only partial benefits will be achieved through these alternative options, Wingate Electric’s will have to seriously consider a full-scale ERP implementation. They do not have to get all the bell’s and whistles straight away, perhaps they can slowly add ERP modules to support specific functions, such as Financial Accounting and or Customer Relationship Management. Either way the panel should seriously consider the Request For Proposal, as there are many benefits to be gained.
