Notice of RetractionImplementing problems and solutions in ERP procurement management

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

ERP reflects the thinking of today´s advanced enterprise management and improves enterprise management level with great significance. ERP procurement management system is an important part of project management and effective implementation of the ERP procurement management system plays an important role in lowering inventory costs and improving logistics and inventory turnover rate. In today´s world, customer demand changes rapidly, technological innovation cycle gets shorter and shorter, and the market is getting increasingly competitive. In addition, due to the diversity and variability of customer demands and needs, it is critical for enterprise to find ways to shorten production cycles, and improve control of the procurement of material costs, in order to achieve profitability. This paper provides analysis to the issues occurred in ERP procurement process and recommendations on ERP procurement management process that is suitable for current enterprises.