Here are top five best practices that are highly conducive to experiencing total success in ERP implementations:
Understand the reason for ERP implementation:
ERP implementations experience maximum success only when they are led by a team that knows its purpose and future expectations for the business. These teams are backed by thorough research and have completed essential business tasks such as creating metrics and introducing a business plan which showcases organisational ERP expectations. One must also keep in mind that, learning from other's ERP experiences is always a welcome routine, but following their implementation route to the tee, is a complete no-no.
The earlier you plan, the better the results:
As important as master data management solutions may be, without appropriate and timely planning, an ERP implementation simply cannot experience the success it deserves. Such is the importance of time management in an ERP initiative. One must work towards introducing time slots for regular activities such as calculating vendor compatibility, measuring key performances, selecting the perfect vendor and so on. Only those businesses make the most out of their implementation, who allocate sufficient time to planning and evaluation at any early stage.
Gain deeper insight into business requirements and processes:
One of the most fundamental steps in any ERP implementation initiative is to spend time in understanding the business process properly. This will help in timely selection of the appropriate ERP and master data management vendors for the process. The next step involves creation and prioritisation of key corporate requirements. Always tend to current business needs first, while defining priorities and then move on to other long term objectives.
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