360 Business Analyst | Practical Knowledge from Industry Professionals in Bangladesh

ERP Project Team â€“ without right people, ERP will fail before it starts!

Find the right people from inside, don’t depend on external consultants If you have good infrastructure and good processes but don’t have right people, then everything will be doomed. For a giant project like ERP implementation, if you do...

75% ERP projects fail, only 2 reasons!

75% ERP projects fail Analyst firms estimated that about 75% ERP projects fail. This statistic is applicable for all over the world including Europe and America. The failure doesn’t mean that it never go-live. Failure means… Costs are s...

3 stages in ERP implementation process.

ERP Implementation Stages There are there different stages in ERP implementation. Without completing first two, last one never ever be reached. First stage It’s planning stage. Project is initiated. Software is selected and Project team is fina...

Zakir Hossain | Business Analyst

What is ERP and how does it work?

ERP is not just a software. ERP stands for Enterprise Resource Planning. Enterprise means the whole organization including all functions and processes. Resources are Manpower, Machine, Space, Material, Time, Money etc. that are used to produce the pr...

You are wrong about what can ERP do. Let's make you Right about it.

Enterprise Resource Planning (ERP) is known by lots of people. But majority percent does not know what it does. They think that ERP is a software solution for business that can improve business process magically which is wrong. Also, they think that ...

Zakir Hossain | Business Analyst

Challenges of ERP implementation in Bangladesh

ERP projects are very expensive and challenging. If an ERP project is not managed properly, it will take longer than expected time, cost will be unexpectedly high and business will be in danger after implementation. In this article it will be discuss...

Zakir Hossain | Business Analyst

Who can ensure success of ERP implementation: External Consultants or Internal Consultants?

ERP projects are very expensive and risky but if an organization fails to manage properly, cost goes overbudget. Now who are the real heroes to make organization to success in ERP implementation, minimize cost and integrate business process with ERP ...

Zakir Hossain | Business Analyst

How Can You Tell If an ERP Software is User-Friendly or Not

“User-Friendly” is a buzzword; be careful when someone says this word In the eyes of every software vendor, their own ERP solution is the most user-friendly! In the eyes of users, it varies person to person and time to time. Different use...

The 10 reasons why you need an ERP Software

No intro, let’s get to the 10 points! 1. One platform for everything ERP stores all entered data into a single database, allowing all departments to work with the same information. Additionally, all this data can be organized,...

ERP is not something you can buy, you have to achieve it!

75% ERP projects fail If successfully implemented, ERP will put yours in one of the top percentile companies in the industry. According to analyst firm Gartner Inc., 75% ERP projects fail! This statistic is applicable to any industry in Europe, North...

How a manufacturing company can manage itsâ€™ Inventory Stock?

For a manufacturing company, controlling inventory stock is very important. Without controlling inventory stock, a manufacturing company never be able to control its’ actual business condition. In this article, it will be discussed about how a ...

Zakir Hossain | Business Analyst

ERP Cost Breakdown - How Much Does ERP Cost

ERP Costs in 3 Categories Although there are many different costs involve in ERP implementation, those can be grouped into three categories. Category A: Software Cost The ERP software is a composite of Applications and Database. It may contain some 3...

How you can integrate the business processes with technology?

Technology is great if it works. Meaning you have technologies but if you do not get what you need from those, it’s valueless and waste. You can think a technology which will solve the challenges you are facing in your Business and make your bu...

Zakir Hossain | Business Analyst

ERP Selection Criteria â€“ Only 3 Features to Look For

More than 70% of companies who try to implement ERP do not get the expected result. This happens mainly because of poor implementation plan and strategy. Among many reasons, not-choosing-the-right-software is one that leads to poor implementation and...

Most of Bangladeshi RMG companies are not getting expected results from ERP

Bangladesh is the 2nd largest Garment & Textile manufacturing country in the word. Many companies try to implement ERP but most of them fail to get expected results. All customer Orders are not executed by ERP ERP is implemented in different Garm...

Zakir Hossain | Business Analyst

Big-bang or Phased strategy? ERP fails when you fail to choose the right one!

Big-bang or Phased? – big decision to make for ERP Implementation Rollout strategy or approach or whatever you call it, you always have to make this big decision before starting any ERP implementation. Business process analysis, requirement ide...

How ERP Vendor and Client Should Manage One Another

The blame game As we know 75% ERP projects fail to provide the expected result. When a project fails, the blame game starts from both sides. The client says that the software is not user friendly and the consultant did not configure the system proper...

Why a manufacturing company fails to control Inventory Stocks?

Most of the manufacturing company specially RMG & Textile companies are facing Inventory Stock problem. Many companies getting bankruptcy due to over inventory stock. In this article, it will be discussed about why a manufacturing company fails t...

Zakir Hossain | Business Analyst

Management reports for Inventory Control & Warehousing

Management reports for Inventory Control & Warehousing There are three kinds of inventory stock are available in a manufacturing company. There are Raw materials Work in process Finished goods To know inventory stocks condition, below rep...

Zakir Hossain | Business Analyst

How to Manage ERP Demo and Identify the Best Software

ERP Software and its Salesperson: What Matter Most? Everybody tells their ERP software is the best one. If every software is best, then you need find one that is better than the best for you! We always see demo before selecting any software. But if t...

Most of the Bangladeshi manufacturing companies fail in ERP, but they don't know why?

Most to the Bangladeshi companies are not getting expected results from ERP software. They are investing but can’t control their business by ERP Fail to define actual & complete business requirements Without defining actual & complete b...

Zakir Hossain | Business Analyst

ERP project always goes over budget & gets delayed

Most of the time it is heard that ERP projects go over budget than planned and take longer than expected time even never go-live. Maximum times, actual cost of ERP projects go 3 to 4 times than budget even more. Let’s see why those are happenin...

Zakir Hossain | Business Analyst

ERP Implementation vs. Building a House

In order to make people understand what it takes to implement ERP successfully, I always use the example of building a house. This is how I am able to convince the management as well as the users to follow the right path to get the expected result fr...

ERP Success or Failure â€” 90% responsibility goes to the Company who uses ERP

ERP Vendor is not the owner of the project If an ERP implementation fails, the company will suffer a great loss and the business will get disrupted. But, for the Vendors, it’s just an addition to the number of failed projects. Whether the ERP p...

ERP project WILL be failed, if a manufacturing company fail to take ownership of the project

According to a renowned analyst firm, about 70%-75% ERP projects are failed in 1st world countries. What’s about in Bangladesh? May be in Bangladesh, it is about 90%-95% or even more. Most of the manufacturing companies in Bangladesh are gettin...

Zakir Hossain | Business Analyst

Things must not be missed on ERP project Implementation

Enterprise Resource Planning (ERP) is the most complex & expensive project because it affects many areas of the business. It’s required many changes in business processes & policies, people responsibilities & cultures. If an organiz...

Zakir Hossain | Business Analyst

ERP will success by complying ERP software with business requirements

Implementation of Enterprise Resource Planning (ERP) project is most difficult task. Different companies have different business types. Their processes & products are different. Even their people & cultures are not same. Therefore, ERP is imp...

Zakir Hossain | Business Analyst

Fail to control inventory Stock, business fails to survive in the market

Inventory is the sleeping money. It determines the loss & profit of a manufacturing company even the existence of a company in the market. Company’s profit margin can be high and financial condition will be healthy by controlling inventorie...

Zakir Hossain | Business Analyst

A manufacturing company will not survive in business, without proper inventory recording

Inventory is the most important part and base of a manufacturing company. If a company can’t control its inventory, it will face huge problem even it will be dropped out from the business. To control inventory, company must have a strong invent...

Zakir Hossain | Business Analyst

ERP project will fail, If ERP software cannot satisfy actual business requirements

ERP project never gets success, if business processes are not connected, information is not circulated properly among the processes and business requirement are not satisfied by software. Below are true stories about ERP Software will not provide exp...

Zakir Hossain | Business Analyst

Mastering ERP Project Management: Required Skills and Responsibilities of the Project Manager

In the dynamic landscape of modern business, successful ERP (Enterprise Resource Planning) implementation stands as a pivotal achievement. Yet, the journey towards ERP integration is riddled with complexities and challenges. This article explores the...