Monday 19 October 2015

Why ERP Is Considered To Be The Backbone Of E-Business?

Business enterprises and organizations in India are in the way of a major revolution due to globalization as well as the deregulation of Indian economy, along with fundamental transformations in the business models due to the emergence of Information Technology (IT) based business practices.
Mainly enterprises in developing countries like India are in the way of employing Enterprise Resource Planning (ERP) system in the configuration with organizational change as well as process of re-engineering initiatives. ERP system promise advantages that range from enhanced efficacy to alteration of quality, profitability, and productivity.
Thus, its implementation poses few unpredicted organizational challenges and modifications that could be cultural as well as structural in nature. ERP not only helps to setup best-in-class business practices and brings clearness to the organization but also demands for empowerment as well as flexibility in decision making procedure.
The most promising argument is that, to succeed or boom in the e-commerce world companies require to change their internal business procedure with the use of ERP system. Therefore, ERP is considered to be the backbone of e-business.
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