APICS Guidelines for ERP- Preface and Purpose
Implementation of an Enterprise Resource Planning (ERP) system is a major corporate project that must have a clear vision, well defined objectives and must have a predetermined reasonable rate of return on the investment. i.e.: The rate of return can be measured by the improvement in net income.
Studies are revealing. The majority of ERP implementations are failing to achieve the anticipated return on investment. According to Carol Ptak, past President of APICS, approximately 60 to 90 percent of companies implementing ERP systems fail to meet their ROI objectives.
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