ERP Implementation at a Production Company.
Le, Viet Hoang (2022)
2022
All rights reserved. This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2022121530360
https://urn.fi/URN:NBN:fi:amk-2022121530360
Tiivistelmä
ERP has come a long way to transcend its initial boundaries of merely a manufacturing theory; these days, the applications of ERP produce great influences on other domains, claiming a vital role in companies’ core operations. Despite the prolific amount of research conducted upon this topic, a significant number of enterprises have been consistently facing challenges in the process of ERP implementation as well as the continuous usage after the system launch.
In the chaotic business scenario of the early 2020s, where the electronic industry has been gravely damaged by the COVID-19 pandemic and then the 2021–2022 global energy crisis, production companies in this field have been striving to maintain an effective level of component inventories, avoiding the easily occurring events of overstocking and overspending. For small-scaled production firms, this also relied on how punctually the ERP system can present the real-time data and how simultaneously it can help decision makers issue immediate resorts to such misfortunes.
The purpose of research was to investigate a case of ERP implementation project and speculate the necessity of the ERP system of the commissioner companies. In order to achieve such goals, the company’s pre-requisites and especially the end users’ pre-requirements were collected via qualitative method to provide more profound insights into their decision upon the selected software. Challenges during the implementation project were detected and corresponding solutions were proposed. Matters relating to continuous supports after the system launch were discussed to assist the company in the remaining run of the project.
An important part was the study on the commissioner’s inventory valuation situation and how it should be managed with the upcoming ERP system. Quantitative data were garnered to compare the hypothetical inventory values and the historical records, eventually concluding with the most suitable for the company’s operation and for the new ERP system working structure. The results discovered the suitability of the First-in-first-out costing methods for the company’s financial reporting and for the new ERP system’s structure.
In the chaotic business scenario of the early 2020s, where the electronic industry has been gravely damaged by the COVID-19 pandemic and then the 2021–2022 global energy crisis, production companies in this field have been striving to maintain an effective level of component inventories, avoiding the easily occurring events of overstocking and overspending. For small-scaled production firms, this also relied on how punctually the ERP system can present the real-time data and how simultaneously it can help decision makers issue immediate resorts to such misfortunes.
The purpose of research was to investigate a case of ERP implementation project and speculate the necessity of the ERP system of the commissioner companies. In order to achieve such goals, the company’s pre-requisites and especially the end users’ pre-requirements were collected via qualitative method to provide more profound insights into their decision upon the selected software. Challenges during the implementation project were detected and corresponding solutions were proposed. Matters relating to continuous supports after the system launch were discussed to assist the company in the remaining run of the project.
An important part was the study on the commissioner’s inventory valuation situation and how it should be managed with the upcoming ERP system. Quantitative data were garnered to compare the hypothetical inventory values and the historical records, eventually concluding with the most suitable for the company’s operation and for the new ERP system working structure. The results discovered the suitability of the First-in-first-out costing methods for the company’s financial reporting and for the new ERP system’s structure.