ERP System Analysis: Colgate ERP ImplementationMBA517 Information System ManagementIntermediate DocumentBY BAI 108726305IntroductionWith the development of information system management, the ERP system has become familiar to more and more people. What is ERP? ERP is short for enterprise resource planning; in general it is an Integrated Information System. From Wikipedia's definition, ERP is a business management software, usually a suite of integrated applications, that a company can use to store and manage data from each business stage, usually includes several components, such as forecasting and planning, production, marketing and sales, inventory management, etc. This document provides a complete idea of ​​what ERP system is, explaining its benefits and importance and also, using Colgate as an example, to analyze its SAP system. Significance Analysis In 1990, based on the rapid development of information technology and supply chain management, Gartner Group first announced the concept of ERP. It's actually not a completely new concept, it's an extension of MRP (material requirements planning) and MRP|| (Manufacturing Resource Planning), but it is different from the traditional system because ERP systems run on a variety of hardware and network configurations, typically using a database as an information repository, provide a real-time integrated view of core business processes , using common databases managed by a database management system. ERP systems are designed to improve organizational competitiveness by improving an organization's ability to generate timely and accurate information throughout the enterprise and its supply chain. A successful implementation of ERP system can shorten production cycles, increase......half of paper......and there are still some disadvantages that we need to worry about: One of the main disadvantages of ERP is its overall startup cost, which is usually costs from $15,000 for small-sized companies and up to billions of dollars for global group. Furthermore, it is difficult to customize. Since it will need huge support from database and every organization has different situations and rules, it will need huge technical support. Finally, it is weak against external security threats. Due to the problem of network security, a strong shield will be needed to protect confidential data and information. If not well protected, hackers could attack the system, which will be a disaster for the organization. With the development of technology, I believe that more and more weakness will be reduced. Being able to evaluate both the advantages and disadvantages will allow the company to decide whether this solution will adequately meet its needs.