Enterprise Resources Planning Suitability Study for Altum Technologies Oy
Barannik, Alexander (2023)
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023113033117
https://urn.fi/URN:NBN:fi:amk-2023113033117
Tiivistelmä
This thesis delves into the role of Enterprise Resource Planning (ERP) systems as crucial instruments for companies navigating through the competitive business landscape and intricate networks of partnerships. It emphasizes the strategic management of corporate information as a fundamental element for sustaining competitive advantage. It mainly focuses on the critical need for ERP systems within the operational frameworks of small and medium-sized enterprises (SMEs). The study's primary goal is to elucidate ERP systems' escalating importance and benefits and how SMEs can leverage them, like the commissioning company Altum Technologies Oy.
The thesis is a case study that explores the feasibility of implementing an ERP system at Altum Technologies Oy to enhance operational efficiency and decision-making. The thesis structure emerges through a thorough investigation into the numerous facets of ERP adoption and the use of a mixed-method approach. The methodology encompasses qualitative interviews to capture in-depth insights, comparative benchmarking to evaluate industry standards, and extensive employee surveys to gather various perspectives, providing a robust understanding of the ERP adoption process.
The study presents findings on the fundamental requirements for successful ERP implementation, evaluating how Altum Technologies Oy measures against these needs. The thesis details the company's establishment of clear business objectives, its organizational readiness, the state of its technological infrastructure, its process for selecting ERP vendors, and the cost implications of the system. Additionally, the thesis assesses the ERP system's fit with the company's strategic aims, identifies potential hurdles in the implementation process, and formulates risk mitigation strategies, thus providing a strategic framework for effective ERP integration.
The thesis concludes by articulating businesses' need to thoroughly understand their specific operational needs when considering an ERP system. It accentuates the strategic importance of differentiating between ERP models, highlighting the adaptability of hybrid systems alongside the encompassing nature of holistic solutions. The broader research implications suggest that a wellinformed ERP selection is crucial for a company's agility and sustained success. The thesis advocates for continuing research into establishing a universal ERP (Enterprise Resource Planning) budgeting standard alongside the customization of ERP systems to suit the diverse requirements of different businesses. In the case of Altum Technologies Oy, the thesis identifies three ERP solutions: the Hybrid ERP system for its exceptional adaptability to specific business needs, Oskar Systems for fostering comprehensive partner integration within its holistic framework, and Oracle NetSuite for its robust, all-encompassing features that cater to complex, large-scale enterprise requirements. Each system was chosen based on its potential to meet the strategic and operational objectives of Altum Technologies Oy.
The thesis is a case study that explores the feasibility of implementing an ERP system at Altum Technologies Oy to enhance operational efficiency and decision-making. The thesis structure emerges through a thorough investigation into the numerous facets of ERP adoption and the use of a mixed-method approach. The methodology encompasses qualitative interviews to capture in-depth insights, comparative benchmarking to evaluate industry standards, and extensive employee surveys to gather various perspectives, providing a robust understanding of the ERP adoption process.
The study presents findings on the fundamental requirements for successful ERP implementation, evaluating how Altum Technologies Oy measures against these needs. The thesis details the company's establishment of clear business objectives, its organizational readiness, the state of its technological infrastructure, its process for selecting ERP vendors, and the cost implications of the system. Additionally, the thesis assesses the ERP system's fit with the company's strategic aims, identifies potential hurdles in the implementation process, and formulates risk mitigation strategies, thus providing a strategic framework for effective ERP integration.
The thesis concludes by articulating businesses' need to thoroughly understand their specific operational needs when considering an ERP system. It accentuates the strategic importance of differentiating between ERP models, highlighting the adaptability of hybrid systems alongside the encompassing nature of holistic solutions. The broader research implications suggest that a wellinformed ERP selection is crucial for a company's agility and sustained success. The thesis advocates for continuing research into establishing a universal ERP (Enterprise Resource Planning) budgeting standard alongside the customization of ERP systems to suit the diverse requirements of different businesses. In the case of Altum Technologies Oy, the thesis identifies three ERP solutions: the Hybrid ERP system for its exceptional adaptability to specific business needs, Oskar Systems for fostering comprehensive partner integration within its holistic framework, and Oracle NetSuite for its robust, all-encompassing features that cater to complex, large-scale enterprise requirements. Each system was chosen based on its potential to meet the strategic and operational objectives of Altum Technologies Oy.