Answer to the Question: The Company, Wingate Electric can implement an ERP system which will help the company retain its glory and the system will improve the company’s daily business processes and earn some profit as well. The ERP system will help the company by upgrading the MIS system and efficient storage of transaction processes like sales order processing, inventory control, accounts payable, accounts receivable etc. The system will surely overcome the problem of redundancy by using only one file system to store all the data. In that way, no repition will occur. A database has to be created in order to sort the datas so that the company can access any data and its attributes within a short time. The ERP system will re-engineer the manufacturing of data by creating that database. The system will support production planning and manufacturing by adding different modules in the system.
if Wingate Electric Company does not order and implement the ERP system which they want to implement so badly, then the company will surely fall to its demise as it is already is in bad shape with its MIS system, repetition of datas regarding accounting and financial transaction processes. It will be a waste of time because all the resources which they have used to order the ERP system such as thinking, remodelling the organisation, how to improve the manufacturing process etc. will be of no help to them. Also, the RFP which the top managemant board of the company thought of after a long time of consideration will fade away if no ERP system has been implemented to support the RFP module. The company can go on for maximum six months but after that it will lose all of its resources to make anymore production thus experiencing a great loss and the CEO will be forced to shut the company as it will be too late to recover the loss.
