1
ERP implementation is a major organizational event bringing together different functionalities, people, procedures, and ideologies.
2
The ERP project life cycle consists of three main stages: Pre-implementation, Implementation, and Post-implementation.
3
Pre-implementation involves business case analysis, product selection, ROI calculation, and contractual agreements.
4
Implementation stage focuses on change management, project management, IT infrastructure management, and deciding between phased or big bang approaches.
5
Post-implementation stage involves post-impact analysis, resource utilization checks, and measuring profitability after the project goes live.
6
Three key success factors for ERP implementation are Functionality, Technology, and Implementability.
7
Broad steps in ERP package implementation include team formation, implementation planning, process mapping, gap analysis, customization, data uploading, user training, and system monitoring.