Small and Medium Sized Businesses are those manufacturing organizations that have between 1 to 50 workers, and between 50 and 150 workers, respectively. Small and Medium Sized Businesses are important to the economy because of their contributions to manufacturing and employment, their flexibility in rapidly adapting to changing market conditions, their ability to complement larger organizations, the positive effects they have on balanced growth across regions as well as on the environment, and their contributions to a balanced distribution of income. Small and Medium Sized Businesses are coveted in most countries because of their contributions to employment and balanced distribution of income.
We can provide a better perspective on the significance of Small and Medium Sized Businesses in world economies with concrete examples: In Germany, 85% of businesses are those that employ less than 100 workers. In Japan, businesses having less than 300 workers make up 99% of all businesses in that country. In the USA, 34% of business employ less than 100 workers.
ERP systems began to be used widely at Small and Medium Sized Businesses in the 1990's. The installation, integration and cost control of an ERP implementation is substantial. Small and Medium Sized Businesses make significant use of ERP systems to retain their existing customers as well as to increase the total number of their customer.
- Implementing organizational strategy, vision and objectives.
- Effective integration of those working within the organization on ERP applications.
- Making a broad implementation possible of the organizational training and culture through integration.
- Effective use of ERP Human Resources applications.
- Support for assignments and training in line with organizational goals.
- Effective planning and tracking of orders.
- Specification and development of new markets and products.
- ERP systems provide decision support systems, detailed analysis and reporting opportunities to managers and personnel in projects.
- ERP use helps Small and Medium Sized Businesses implement effective business processes and develop their own work flows.
- Minimization of operational costs, increasing productivity and profit margins.
- More effective planning and implementation of investments.
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