It is the era of global competition in Innovation, intensity, development and imagination. There is a dynamism and a continuous change in the business environment for competitive organizations. Today it doesn’t make a difference from which nation you originate, in which country you operate, where you manufacture and where you offer your products to sell. The point of difference, instead is what business model you have. Information technology have changed the business model altogether and a more coordinated, internally and externally integrated, networked business model has replaced the old conventional, isolated business models. ERP is one of the most vastly used enterprise wide, Information System, which is considered as one of the success factors for the networked business. This article presents the contemporary literature on business information system, which endorses that and the establishment of a networked corporation is crucial to enhance hierarchical profitability anda combination of procurement and production network through Enterprise Resource Planning (ERP), which can give the business organization a predominant edge over the competitors.

It is the era of global competition in Innovation, intensity, development and imagination. There is a dynamism and a continuous change in the business environment for competitive organizations. Today it doesn’t make a difference from which nation you originate, in which country you operate, where...