Business Restraints
No organization or individual has infinite resources. And when it is about small business they face more resource constraints as compare to big ones. Most CEO from SMEs always deals with equal pressing demand of resources from all the corner of enterprise. When these precious resources are planned for some intangible investment like ERP, such investments sometimes are questioned by some of the stakeholder to prove their worth. Small businesses doesn't need to go for big ERP's as they will cover a lot of features that their business will not need instead they can go for ERP...
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why use an erp system
Tangible and Intangible benefits of ERP
There are both tangible and intangible ERP advantages
Tangible ERP advantages
i.) Workflow of the product from one department to other becomes smooth and without any impediments. Hence increasing productivity of process and personnel.
ii.) Since same software is now used across all departments, individual departments having to buy and maintain their own software systems are no longer necessary leading to lowering of cost of production hence reducing cost
iii.) There are various modules in an ERP system like Finance/Accounts, Manufacturing, Marketing/Sales, Supply Chain/Warehouse Management...
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