Productivity Measure in Using Enterprise Resource Planning System in Selected Companies in Beijing, China

Abstract

With the globalization of economic development and social development, the business environment of enterprises has changed. Only by continuously improving the digital level and management level of enterprises can they survive in the fierce global competition and develop. In this economic and social environment, enterprise managers need to implement Enterprise Resource Planning (ERP) system in order to better operate and manage enterprise business and improve enterprise operating profit. Its purpose is to standardize and restructure enterprise process, financial process, capital flow and information flow, and improve enterprise operation ability, profitability and growth ability. The implementation of ERP system will have an impact on the level of enterprise productivity. Therefore, taking manufacturing companies as the research object, it is of great significance to explore the impact of ERP system implementation on the level of enterprise productivity.Taking the manufacturing companies selected in Beijing, China as the research object, this paper uses the method of combining theoretical analysis and empirical research to study the impact of ERP system on enterprise productivity and enterprise performance, so as to improve the industry’s understanding of ERP system. This paper uses data statistics and empirical research methods to analyze the impact of ERP system on enterprise productivity and enterprise performance. Firstly, it introduces the background and significance of the research, and then reviews and combs the relevant literature at home and abroad on ERP system, enterprise performance and the impact of ERP system on enterprise performance; Based on management information system theory, business process reengineering theory and financial performance theory, financial performance is measured from three aspects: operation ability, profitability and growth ability. Reasonably select relevant indicators to build the index system. This paper selects the enterprise financial data of Beijing manufacturing company implementing ERP system from 2013 to 2015, and uses the data model to make an empirical analysis on the impact of manufacturing company implementing ERP system on enterprise productivity and enterprise performance. It is found that in China, the implementation of ERP system by Beijing manufacturing company will have a certain impact on enterprise productivity and enterprise performance Combined with the principle of ERP, this paper discusses the impact of ERP Implementation on enterprise performance. In the empirical research part, descriptive statistics and Wilcoxon paired rank sum test are used to verify the impact of ERP Implementation on enterprise performance. The results show that the implementation of ERP system will improve the operation ability, profitability and growth ability of enterprises. Therefore, when preparing for the ERP system, enterprises must do a full feasibility and demand analysis to ensure the smooth implementation of the ERP system. Finally, this paper gives some suggestions on the impact of ERP Implementation on enterprise performance.