PRODUCT AND TECHNOLOGY MANAGEMENT

Product and Technology Management

Product and Technology Management

Introduction

Implementation of resource planning softwares is extremely difficult for companies, especially when they are planning to use them for the first time. It is essential to consider the pros and cons of alternative softwares before deciding to implement a system. This is also a critical part of the decision making process (Khalil, 1997).

MIE Trak Pro

Pros

The benefit of MIE Trak Pro is that it reduces and standardizes the hardware used, due to technology "client-server" and the integration of information systems. It harmonizes processes in the group of companies (after a merger or acquisition), data on human resources, and staff reductions (busy accounting functions and providing support for information system).

The system provides a single collection of extended data, which is non-duplicative. It is implemented in the context of processes, not functions which can provide access to the interest process at any time. Commonality of data provided by the introduction of integrated management systems, enterprise management is enhanced by the preparation of standard and specialized reports. Storing all data in a single database company guarantees a high level of accessibility of information, as well as a single point of view on the balance sheet information (Morton, 1994).

Cons

At the same time, MIE Trak Pro has a number of shortcomings. The first is the high complexity and cost of the software with unknown effects in advance of their use. There are enough examples of doubling the budget for the implementation of this software due to high cost, but there are no examples of a quick return (Morton, 1994).

The positive results of the transition to MIE Trak Pro start to show an average of 24 months after implementation. The need to restructure business processes in the implementation of integrated management system is the cause of additional risks and costs of the enterprise.

E-Z-MRP

Pros

E-Z MRP contributes to the reorientation of the users on the analysis of information, not just tactical use. It helps in implementing data integration of various departments, providing a systemic vision of the processes. Accounting and reporting functions are transferred directly into functional subsystems, which increase the efficiency of updating data and their reliability (Weill & Aral, 2006).

In addition, E-Z MRP consolidates company's data, facilitate the implementation of the functions of tactical and strategic planning, and focus on the processes. It also gives the ability to fully control the processes in more efficient management (Carr, 2003).

Cons

The data storage in a single database reduces the vitality of the information system, as problems are reflected immediately in all departments. For this reason, there are high risks associated with the breach of information security systems. In the case of not enough flexible solutions associated with the user interface, the system can significantly increase the amount of input data and, consequently, the performance of routine operations, as compared with the use of specialized control systems (Mary, Khan & Willcocks, 2009.

DBA

Pros

The implementation of DBA system is highly beneficial for organizations as it allows the ...