how do you know your erp implementation is a failure
TRANSCRIPT
How do you know your ERP Implementation is a Failure
ERP Implementation:A Failure?
• ERP Implementation is an important aspect of the whole ERP Project.
• While 58% ERP Projects are successful, nearly 21% are a failure and another 21% ERP Projects have ‘undecided’ fate.
• How do you know then that your ERP Project is on the right track?
Why do companies opt for ERP
17%
12%
12%
11%10%
7%
7%
7%
5%1%
12%
replacing previous system boost performance system integration preparing for growthstake holder satisfaction boost performance better customer service to ease employeessave working capital every company has it other reasons
Reasons why ERP
implementation fails
13.1% Incomplet
e requireme
nt 12.4% Lack of
user environmen
t
10.6% Lack of
resources9.9%
Unrealistic expectatio
ns
9.3% Lack of
executive report
6.2%Lack of IT
management
Top Reasons why ERP Implementations fail
Quick Facts:
• 61.1% ERP implementation consume more time
• 74.1% ERP Implementation exceed the given budget
Source : http://go.panorama-consulting.com/rs/panoramaconsulting/images/2015%20ERP%20Report.pdf
“Failing to plan is planning to fail” -Allen Lakien
With an average of 58% of companies who have successfully implemented ERP to their business, have found
17% Downfall in administrative costs
21% Rise in operating Margin
22% Downfall in operational costs
23% Rise in delivery and Distribution speed
97% Rise in Inventory Management Accuracy
Successful ImplementationResults
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