Enterprise Resource Planning

Paper Summary:

This document discusses an article about enterprise resource planning (ERPs) applications that are used by larger enterprises to integrate the spectrum of their operations within the context of one system. The paper reviews various ERP applications and their attributes, and the belief that continued use and improvement of ERP applications is important as an expanding trend.

From the Paper:

"In an article entitled 'A Second Wind for ERP', authors James and Wolf (2000) discuss ERP systems which are essentially a group of software applications that are designed to handle different functional areas within an organization: finance, AR/AP, HR, logistics planning, inventory, marketing, customer service to name a few. While it could be argued this in itself is not novel and to an extent the idea of a software program designed to enhance the functional processes of a department isn't revolutionary, ERP systems are considered the holy grail of organizational effectiveness because of their integrative potential across departments. James and Wolf believe that ERP systems are so coveted because while they both simplify and complicate business processes they remain effective through their useful life cycle (2000, paras.3-6). "

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