Maximizing ROI in Your ERP Project

An enterprise resource planning (ERP) implementation project is a massive undertaking for any manufacturing organization, and determining the return on investment (ROI) is crucial to justify the costs and make an informed decision. However, because of the various operational areas that are impacted, calculating the ROI becomes complex. This ebook will explore the following key topics:

• Operational areas manufacturers should focus on when calculating anticipated returns
• Factors that impact the total cost of ownership (TCO)
• Ways to set the stage for greater ROI
• Where the greatest benefits for ROI come from
• Tying costs to value gained from process improvements

Focus Areas for Calculating Returns

When building a business case and calculating the anticipated benefits of an ERP implementation, your business should take a comprehensive view that goes beyond just the immediate cost savings and revenue gains. The operational areas that should be considered when determining the value of an ERP system include both direct, quantitative returns as well as indirect, qualitative returns that can significantly impact the bottom line.