Google AI
The Times Australia

Times Media

Top Things to Know About ERP

  • Written by: Jack Miles


ERP – or enterprise resource planning – systems are crucial to the smooth operations of countless enterprises all over the world. Fantastic planning and attention are required in order to complete any major organizational changes and implement ERP. With that being said, if it is done correctly, there is no doubt that it can be well worth the hard work and care.

Here are the most important things that you should know about ERP.

ERP projects require a lot of planning

One of the best ways to make sure that your implementation of ERP software is successful is establishing well-defined goals and putting the plans in place that are necessary to achieving those goals. It is hugely important for you and your colleagues to take the time necessary up front in order to make sure that you know everything that goes into implementing an ERP system before you do it.

Figure out ways to establish oversight

Making sure that you have a team in place in order to keep tabs on what is going on with your ERP system implementation is all going according to plan is super important. Overall, this team should be in charge of things like help desks, training, database administration, documentation and more!

Make sure you know precisely why you’re implementing

One crucial thing to keep in mind is that you should know what the driving forces behind the project are. Understand what your key deliverables are and what the key objectives are as well. You should also make sure to understand what beliefs the leaders within your company have when it comes to both the project and software that you are using to implement it. Knowing these things, or at least learning as much as you can about them, will help you and your team understand what kinds of results you can expect. It will also encourage open and honest communication and maintain focus on the primary and most pressing aspects of the project.

Know what will change

Another really important thing to keep in mind is that it is important to identify the differences that will exist in how your business operates once the ERP system is implemented. For example, you might want to go from manually tracking your business’s returns and deliveries to integrating an automatic barcode scanner, so you know what is and what is not in your inventory. Your first job will be to identify what will be different and what will be the same. That way, you can let everyone who will be impacted by these changes, such as your vendors, customers, clients and more what to expect when it comes to these changes.

Define any risks (if there are any)

The truth is that there is a certain amount of risk whenever you are making changes to the way your business operates. The same goes for ERP system implementation even though there is no doubt that it will ultimately help your business. In order to be best prepared for any risks, make sure to identify and define them so that you can set up a plan on how to deal with them should any potential risks come to be.

Property Times

Australia's Housing Market After Labor's Tax Changes: Did the Predicted Property Crash Arrive?

Several months after changes to property investment tax settings, Australia's housing market has delivered a more complex picture than many predicted. When the Federal Government announced changes affecting property investors, some commentators wa...

Weekend Property Tour: Discover Melbourne's Eastern Suburbs

Melbourne's eastern suburbs offer one of Australia's most enjoyable weekend drives. From elegant inner-city neighbourhoods to thriving family communities and the gateway to the Yarra Valley, this route showcases a diverse range of homes, shopping p...

Melbourne Weekend Property Tour: South of the Yarra

Melbourne's south side has long held a special place in the city's property market. Stretching from the inner-city elegance of South Yarra through leafy family suburbs and out to the bayside, it offers everything from luxury penthouses and Victoria...

The Hidden Financial Risks of Self-Managing Your Australian Investment Property

For many Australian property investors, the initial appeal of self-managing a rental property is based on simple mathematics. By bypassing professional management, landlords hope to save the standard six to ten percent agency fee and maximise their a...

Food & Dining

As Aussies Ask More of Their Food, Grill'd Unveils Its Highest-Protein Burger Yet

Because a protein hit shouldn’t mean a flavour trade-off.Wellbeing has become the defining obsession of modern life, influencing how Australians shop, eat and think about health. With at least half a million Australians taking weight-loss drugs* and ...

Thredbo and Skrewball Whiskey Are Bringing a Massive Après Party to the Slopes This Winter

Australia's largest alpine resort is putting a new spin on après-ski this season. Thredbo Resort has partnered with Skrewball Whiskey, the original peanut butter whiskey liqueur, for a winter collaboration that will culminate in a live DJ set from...

Mr Roses expands beyond flowers with launch of national luxury hamper range

Australian premium gifting business Mr Roses has expanded beyond flowers with the launch of Mr Roses Hampers, a dedicated national e-commerce range spanning gourmet food, artisan treats, premium self-care products, wine and champagne. The new categ...

From Restriction to Celebration: The Sydney Restaurant Proving Gluten-Free Can Be Fine Dining

Sydney restaurant marks 10 years with a month-long celebration of artisan collaborations, from Amalfi-inspired desserts to handcrafted Calabrian cannoli When The Botanica Vaucluse opened its doors a decade ago, the idea of a fully gluten-free fine d...

Business Times

The Metrics That Matter: Why Australian Businesses Need to Rethin…

Each year, Australian organisations spend billions of dollars running conferences, exhibitions, incentive programs, roadsho...

Trust, Timing and Transparency: What KPMG's Crisis Reveals A…

KPMG remains a case study in how not to action Crisis Comms.  A crisis at this magnitude affects a global audience and kno...

The World Cup Business Model: What Every Entrepreneur Can Learn

Every four years, the FIFA World Cup becomes one of the largest commercial events on Earth. Billions of people watch match...

Technology

Using AI to Do Your Investment Taxe…

The Australian Taxation Office (ATO) has issued a fresh warning this tax season against relying on...

Local News

Psychology clinic in Tasmania opens…

In response to Tasmania’s growing mental health crisis, a new purpose-built, multi-disciplinary me...

Culture

As Aussies Ask More of Their Food, Grill'…

Because a protein hit shouldn’t mean a flavour trade-off.Wellbeing has become the defining obsession...

Travel

Korea Tourism Organization Invites Australian…

The Korea Tourism Organization (KTO) has launched Korea Unlocks More of You, a new national campai...

The Times Features

As Aussies Ask More of Their Food, Grill'd Unveils…

Because a protein hit shouldn’t mean a flavour trade-off.Wellbeing has become the defining obsession...

Who Really Funds Australia's Biggest Projects?

When Australians see a new motorway, renewable energy project, logistics hub or office tower under...

Country to Couture Opening Show Captivates Audiences, H…

Last night, Indigenous Fashion Projects (IFP) celebrated a landmark moment on Larrakia Country as ...