Empowering Organizations through IT and IoT in the Pursuit of Business Process Reengineering: The Scenario from the USA and Bangladesh

Kafi, M; Adnan, Tamim

doi:10.18034/abr.v12i3.658

Cited by 8 publications

(2 citation statements)

References 16 publications

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“…To overcome challenges associated with cultural diversity, organizations should adopt tailored strategies for user acceptance, incorporating cultural nuances into training programs and fostering an inclusive work culture. Navigating regulatory variations demands a proactive approach, including ongoing compliance audits and customization of ERP systems to align with specific legal requirements (Kafi & Adnan, 2022, Tan, et al, 2020. Balancing business process variations involves a nuanced strategy that standardizes core processes while allowing for necessary customization to accommodate regional differences.…”

Section: Challenges In Erp Implementation For Mncsmentioning

confidence: 99%

A Critical Review of Erp Systems Implementation in Multinational Corporations: Trends, Challenges, and Future Directions

Glory Ugochi Ebirim,

Ifeyinwa Francisca Unigwe,

Onyeka Franca Asuzu

et al. 2024

Int. j. manag. entrep. res

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Enterprise Resource Planning (ERP) systems have become indispensable tools for managing complex business processes in multinational corporations (MNCs). This paper presents a critical review of the trends, challenges, and future directions associated with ERP systems implementation in the context of MNCs. The study synthesizes existing literature to offer a comprehensive understanding of the evolving landscape of ERP adoption in a globalized business environment. The trends in ERP implementation within MNCs underscore the increasing reliance on integrated software solutions to enhance operational efficiency and facilitate seamless communication across diverse geographical locations. Notably, the integration of emerging technologies such as artificial intelligence, machine learning, and blockchain into ERP systems has gained traction, presenting new opportunities and complexities for MNCs. However, the implementation of ERP systems in MNCs is not without challenges. Cultural diversity, varying regulatory frameworks, and differences in business practices across regions pose significant obstacles to successful deployment. Additionally, the sheer scale and complexity of MNCs' operations demand careful consideration of customization needs, scalability, and alignment with organizational goals. The critical review highlights the need for a strategic approach to ERP implementation in MNCs. Successful cases often involve top management commitment, extensive user training, and a phased implementation strategy that accommodates regional variations. Furthermore, the study emphasizes the importance of post-implementation evaluation and continuous improvement to address evolving business requirements. Looking ahead, future directions in ERP systems implementation within MNCs are shaped by the rapid evolution of technology and the dynamic nature of global business. The integration of cloud-based solutions, the advancement of Industry 4.0 technologies, and the increasing emphasis on sustainability are anticipated to influence the next wave of ERP adoption in MNCs. This critical review contributes valuable insights into the current state of ERP systems implementation in multinational corporations, addressing trends, challenges, and future directions. It provides a roadmap for practitioners, researchers, and policymakers to navigate the complexities of ERP adoption in the ever-evolving landscape of global business. Keywords: ERP, MNCs, Industry 4.0, Multinational, Corporation, Review.

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Section: Challenges In Erp Implementation For Mncsmentioning

confidence: 99%

A Critical Review of Erp Systems Implementation in Multinational Corporations: Trends, Challenges, and Future Directions

Glory Ugochi Ebirim,

Ifeyinwa Francisca Unigwe,

Onyeka Franca Asuzu

et al. 2024

Int. j. manag. entrep. res

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“…These solutions often employ mathematical models, which are then interpreted and analyzed using advanced computational methods. Kafi & Adnan (2022) echo this sentiment, discussing how domain-specific challenges, especially in business, require such a unique blend of expertise.…”

Section: Literature Reviewmentioning

confidence: 99%

Interdisciplinary Nature of Computational Science Cases in Business Studies

Husen,

Chowdhury

2023

Glob. discl. econ. bus.

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The intricate confluence of computational science and business studies heralds an unprecedented era in the academic and industrial landscape. This paper comprehensively explores this interdisciplinary nexus, delving deep into the transformative potential that computational methodologies bring to business arenas. From leveraging vast datasets in business analytics to pioneering financial models, computational tools are reshaping the very paradigms of business decision-making. However, these advancements are not without challenges. Ethical considerations, over-reliance on models, and the essentiality of human insight remain critical discussions. Moreover, the paper underscores the need for further collaborative research, emphasizing the importance of a symbiotic relationship between computational scientists and business professionals. As the digital age progresses, integrating computational science into business studies becomes beneficial and imperative for organizations seeking innovative solutions and sustained growth in an increasingly complex market environment.

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