ERP Redefined: Optimizing Parameters with Lean Six Sigma for Small & Medium Enterprises

Think Globally and Act Locally. Globalization, once the domain for only large companies, is now presenting new markets for the growth of small to mid market companies. ERP can be the road to prosperity for SMEs if one can select steps to implement Lean Six Sigma approach carefully to make the organization proficient and profitable. Besides the analysis of optimizing or tailoring parameters during ERP implementation suggests that even without new module development, small companies may be able to build unique functionality into a standard ERP system to their competitive advantages. While our ancient MRP-centric ERP is largely obsolete, this paper presents an evolving and sustainable Enterprise System approach which will definitely live on by mutating and adapting to a new world of shrinking cycle times, budgets, non-value-added activities and head counts.