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Effect Of ERP System On Company Competitive Strategy Computers Articles | August 6, 2012
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ERP also has immense potential in bringing down cost of production and keep prices of services or products to minimum. The companies who are able to achieve this remain safely placed in the market and withstand threats of competition and new entrants in a sound manner. Companies using ERP get benefits like keeping their inventory under control and better production planning. With better planning over-purchase of inventory and dead stocks get reduced to increase cash flow. Availability of funds gives lot of freedom to the management in taking decisions. This advantage increases effect of an ERP system on the competitive strategy of the company immensely.

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