The financial dimensions of ERP in knowledge managing process and its application at glass industry

The main condition of the firms' success within their existent market (within the market which in they exist) is to have competitive advantage. High productivity, lower costr communication within and out of the firm are important factors leading the firm to have competitive advantage. Well formed and practised integrated information systems within the body of the firms undertake important roles inthe realisation of the mentioned factors. The most developed of these systems is ERP (Enterprice Resource Planning).., ERP undertake an important and difficult role in the information of an integration systemamong the different branches and activities within afirm such as selling, purchasing, planning, inventory management, production control, distribution, finance, multi warehouse, multi plant structure, multi financial management structure, and international operations. The main difference of ERP system from the other institutional control softwares is its openness to development, integration and flexibility. If we acceptthe impossibility of not using information technology for a firm within a highly competitive environment, we can realise the importance of ERP activities, which are performed during the process of reengineering and which are providing the necessary assistence and adaptation required to the functional and administrative developments of changing strategies.