Implementation Of ERP software: a case analysis of Indian oil Corporation Dr. Bishnoi Vishal, Associate Professor Shobhit University. Online published on 30 November, 2011. Abstract ERP software is considered as an information backbone for an organization's core business functions. Since world is heading towards digital economy, more and more companies have been implementing ERP software in part or in whole. ERP software is one the fastest growing segment of the Software industry with an annul growth rate of about 32%. Implementing an ERP system is a major project requiring a significant level of resources, commitment, managing risk and changes throughout the organization. ERP software, when implemented successfully can yield in much reduction in the cost of operations/manufacturing and better control on business operations. Thus, it is very important to study the importance and effects on the major the aspects including various production costs, profit margins, Cost-Benefit analysis in multinational companies as they have a large network of their operations and branch offices in other countries also need to be controlled. This study will attempt to present the various economic aspects of ERP implementation including cost/benefit analysis, profit margin study and will test ERP implementation reduces costs significantly in the largest Oil producing company of India Indian Oil Corporation (IOC). Top Keywords Cost Leadership, Enterprise Resource Planning (ERP), Multinational Companies, Financial Benefits. Top |