An Assessment of Factors Affecting Erp Implementation: A Systemic View
Maheshwar C Y1, C.M.Javalagi2,
1Dr.Maheshwar C Y, Assistant Professor in the Department of Mechanical Engineering at SKSVMACET, Laxmeshwar, India.
2Dr.C.M.Javalagi, Professor in the Department of Industrial and Production Engineering at BEC, Bagalkot, India.
Manuscript received on 01 August 2019. | Revised Manuscript received on 06 August 2019. | Manuscript published on 30 September 2019. | PP: 3801-3808 | Volume-8 Issue-3 September 2019 | Retrieval Number: C5443098319/2019©BEIESP | DOI: 10.35940/ijrte.C5443.098319
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The emergence of globalization and economic liberalization has paved a new path to global industrial scenario. The impact of globalization and economic liberalization resulted in a paradigm shift in the way of carrying out business. Industries worldwide are coming up with modern tools and techniques to face the global competition and the pressure of gaining success is increasing as never before. Enterprise Resource Planning (ERP) was one such tool which emerged in the era of globalization, it plays a vital role in improving the performance of the firm at large and in yielding long term benefits which are essentials for any firm to sustain and prosper. ERP results in providing a central database wherein the data can be accessed, updated and automated. The data redundancy is eliminated which results in saving time and money. This paper focuses on building a System Dynamic model of ERP implementation management with special reference to manufacturing and service industries of North-Karnataka. This System Dynamic model is based on the results of Factor Analysis and causal loops obtained from Structural Equation Modeling. The contour plots obtained for different parameters assists managers of implementing firms in decision making which in turn lead to ERP implementation success. This system dynamic model so developed assists the managers in policy planning and in taking appropriate measures to overcome the hurdles and for hassle- free implementation of ERP at large.
Index Terms: Globalization, Enterprise Resource Planning, System Dynamics, Structural Equation Modeling
Scope of the Article: QOS And Resource Management