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Risk Management for ERP System Implementation in SME

Author(s):

Dr.M.Kannan , SCSVMV UNIVERSITY; S.Revathi, SCSVMV UNIVERSITY

Keywords:

ERP (Enterprise Resource Planning), SME (Small and Medium Enterprises), RMF (Risk Management Framework), Issue List

Abstract

Software is collection of programs, when build it for a specific requirement is called software product. Enterprise Resource Planning (ERP) system is one of the most important information technology developments in over years. ERP systems are complex and time-consuming for any company. While ERP systems provide the substantial benefits, their implementations are high risks of failure. In order to ensure ERP system implementations, strong Risk Management Framework is essential. The objective of this research is to develop a new ERP solution, to identify the issues in implementation process and to develop a RMF (Risk Management Framework). At first, an exploratory case study is conducted at a Small and Medium Organization (SME) where to collect the requirements and to develop the ERP system for inventory management process. Secondly, to identify the issues in ERP system implementation process and create the new Issue List that is based on the risk factors. Thirdly, Risk Management Framework is developed based on issue list analysis to decompose ERP systems failure and to ensure ERP systems Success.

Other Details

Paper ID: IJSRDV5I41373
Published in: Volume : 5, Issue : 4
Publication Date: 01/07/2017
Page(s): 1201-1203

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