More on ERP Systems

Every management decision has some alternative. In the case of ERP, there are compelling arguments both in support and opposing ERP implementation. The application of ERP is not without risks in that improper or incomplete implementation can cause a drop in productivity, response to customer needs, and loss in competitive advantage. Implementing an ERP system can also create a cast in stone mentality, "This is the only way to do this, nothing else is acceptable", causing a loss of flexibility in customer relations. Conversely, ERP has tremendous advantages in ensuring consistent, increasing value in products and services. What are the rewards of implementing an ERP system for an organization? What are the risks of implementing an ERP system?