The Relationship of the Enterprise Resource Planning (ERP) System to Value Engineering and their Role in Reducing Costs

Abstract

The research aims to clarify the relationship between the enterprise resource planning system and value engineering, and to clarify their impact on reducing costs. Providing enterprise resource planning eliminates its suffering from its dependence on outdated information systems that are not compatible with rapid changes and established standards. It also supports the presence of an effective procedural structure for performing work that removes obstacles and bottlenecks, invests in means of transferring and flowing information, and excludes jobs that do not bring additional benefit to the work in the series of procedures through which the product or service is produced until it finally reaches the customer in the fastest time and with the least amount. Cost while achieving a high level of quality.