How Enterprise Resource Planning (ERP) systems can facilitate Agribusiness improvement and value creation

Enterprise Resource Planning (ERP) is one of the major IT innovations in the world today. Indeed ERP systems over the years have become a crucial element in every facet of business, spanning from multi-million dollar businesses to “table-top” businesses. Generally, ERP systems are basically designed on the various information systems: Transaction processing systems (TPS), Management information systems (MIS) and Executive information systems (EIS) to synchronize and integrate data capturing, processing, reports and resource planning to improve on efficiency and effectiveness in organizations. This study seeks to clone the business processes of commerce business and orient it into the operations of an agribusiness setup. The study highlights the processes and key strategies that an agribusiness firm can deploy to automate, digitize, and bridge data redundancy hence make prudent financial and operational decisions to achieve success in value creation.