Formal Justification Report- Implementing ERP system in Walton Construction Company

I.Introduction3

II.Problem Statement4

III.Methods Used4

IV.Findings5

Literature Review5

Survey Results6

V.Analysis8

VI.Conclusion9

VII.References10

Formal Justification Report- Implementing ERP system in Walton Construction Company

Introduction

The organizations in the recent decade are opting for more advanced procedures and approaches that lessen their costs and increase their productivity in order enhance their profitability in the market and gain a competitive advantage. Walton Construction Company is one of the prominent construction companies in the United States that was founded in 1956 by John William Walton Junior, George Buchannan and Ed Sumner in Nashville, Tennessee. The purpose of the company was to construct and suggest the construction of the interstate highway systems of United States of America. Within a couple of decades the company was able to make its place among the top 50 general construction companies in the United States. The company has expanded into various locations in the United States including Kansas City Missouri, Dallas Texas, St. Louis Missouri, Springfield Missouri, New Orleans Louisiana and a client service office in Pensacola Florida. The company has around 600 expert professionals in the field of constructions who are well serving the company. The in house expertise of the Walton Construction Company is developed to facilitate the project administration procedures which includes simple as well as complex projects. The competent workforce of the Walton Construction Company ensures that the schedule and the budget of the owner of the construction building remains in place and is not disturbed so that they would be able to achieve the budget and the schedule of the building construction. The expert professionals of Walton Construction Company constantly oversee the project and provide with their valuable insights and suggestions for the completion of the project on time. Along with the construction services, the Walton Construction Company also provides pre construction and post construction services to the people and entities across the country in various fields such as aviation, manufacturing, military, educational institutions, warehouse distributions, health care and research, municipal and governments, mixed used, resorts or hospitality, multi unit residential buildings, commercial or office purposes, religious institutions, retail stores, sports public assembly and other industries (Walton Construction Company, 2003). In order to cater a wide range of customer across the nation, the company uses technology as their fundamental strategy to cut the cost and enhance the system. However, with the increased globalization and fierce competition in the construction industry, the Walton Construction Company requires a system of Enterprise Resource Planning (ERP) to meet the needs of diverse industries and customers and decrease their cost of constructions.

This paper provides recommendation to the Walton Construction Company to plan and implement and ERP system in the organization so that the business of the organization would be enhanced and the cost of construction and operations would be controlled.

Problem Statement

The high costs of construction and operations in the construction industry are an issue with the management of the organization to control the costs of the organization and deliver best possible quality services to the individual and commercial or ...