Knowledge Acquisition for New Product Development with the Use of an ERP Database

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Provided by: Institute of Electrical & Electronic Engineers
Topic: Big Data
Format: PDF
Now-a-days, a considerable number of enterprises develop new products using an Enterprise Resource Planning (ERP) system. One of the modules of a typical ERP system concerns project management. Functionalities of this module consist of defining resources, company calendars, sequence of project tasks, task duration etc. in order to obtain a project schedule. These parameters can be defined by the employees according to their knowledge, or they can be connected with data from previous completed papers. The paper investigates using an ERP database to identify critical factors, i.e. variables that significantly influence on new product development.
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