Study of Enterprise Resource Planning Life Cycle and Offering 5 Steps for Successful ERP implementation

In today’s global and competitor in business, enterprise resource planning is becoming one of the main tools to achieve competitiveness in business. Enterprise resource planning is an infrastructure to create and maintain business to improve front-office and back-office efficiency and effectiveness. Today, many organizations acquire and implement ERP to improve their operational performance and create strategic value; however, they fail to achieve these objectives due to lack of knowledge and better understanding of ERP and its lifecycle. We believe this review provides better understanding of ERP and attempts to create an information bank of ERP system for improving the performance of an enterprise in terms of achieving its strategic value creation goals. Also we will present some proposed tips to have successful implementation of ERP in your business.

Keywords:

Enterprise resource planning , ERP implementation