(MGMT-631) Assignment Name: ID: Question NO 1: The Case

ENTERPRISE RESOURCE PLANNING
(MGMT-631)
ASSIGNMENT
Name:
ID:
Question NO 1:
The Case:
The base for a changeover of an ERP system comprises of:
(1) The requirement for information processing volume caused by the growth of the
business, acquiring a larger market share or the intention of it;
(2) The need for modernization of legacy systems;
(3) The requirement for companywide coordination, unification and making consistency in
information processing.
Requirement:
Enlist and describe the issues to be considered before deciding on an ERP changeover?
Answer:
A strong ERP system integrates a wide range of organizational functions, such as finance,
human resources, sales, and manufacturing, to give benefits such as greater production and
efficiency. The process of designing, setting, and deploying an ERP is referred to as ERP
implementation. There are, however, other aspects to consider before using ERP in your
company. Here are some things to think about before making the switch to ERP:
1) Before deploying the best integrated ERP system, carefully consider your budget. Not only
that, but you must also thoroughly comprehend how ERP systems may benefit your company
using the greatest ERP software pricing techniques. Do you want to squander money on a
system that does not perform as expected? There are a few things to think about.
2) ERP implementation models are on-premises and cloud-based. Both have advantages and
disadvantages, but there is a significant price difference between them. On-premises ERP
systems are more expensive than cloud ERP systems. On-premises solutions necessitate the
establishment of a costly server infrastructure.
3) Most businesses provide two sorts of licences. There are two types of licences: one-time
and subscription. The licence model has an impact on the cost of ERP setup as well. Many
people prefer the subscription model since it is less expensive. In the long run, though, a one-
time licence is preferable..
4) If you choose on-premises, you should also review the server specifications. The server
must be capable of supporting the system on a daily basis. Security systems should be
examined as well. If you want your system to be more secure, you must invest more money.
5) In most cases, ERP adoption necessitates the use of third-party devices such as: B. A full-
featured inventory system or bar code system for POS machines when POS software is
necessary. More devices equals more money spent.
6) Nothing is flawless. The same is true for ERP systems. To undertake system or server
maintenance, you may need to contact your provider. Maintenance fees are usually set at 12%
to 20% of the overall cost of the system.
These are the factors you must carefully evaluate before deploying the best ERP system in
your organization. The large investment that you must make is the primary reason for you to
investigate its features, modules, and available system integration.
Question NO 2:
The Case: In research, the researcher investigates fourteen Hungarian companies, sixteen
subsidiaries of multinational companies operating in Hungary, and five companies in
Germany. The data and facts discovered in the various reports have been analyzed and the
cases show that criteria of financial, business, technical, and market position play a role
within the selection process of ERP systems.
Requirement:
Defines the possible ERP selection criteria that are worth taking into account according to
the case study?
Answer:
The possible ERP selection criteria that are worth taking into account according to the case
study are given:
1) The most significant (and time-consuming) component of the ERP decision process is the
functionality of ERP software products and services that fit your organization. Evaluating
ERP software, seeing ERP demos, with solution experts are all part of finding the greatest
functional match. Internal work is also included. Facilitating internal talks to discover your
business requirements for ERP and outlining the functional areas to handle is one of the most
beneficial things you can do during a selection project.
2) In addition to software functionality, additional technological concerns are critical in the
ERP decision process. At a minimum, best-in-class ERP software incorporates the following
technological features:
• End-user reporting tools — quicker information access, no development skills required
• User interface and user experience simplicity
• Business intelligence
• Data security
• Reliable system performance and reaction time – extremely little downtime
• Ability to link with other systems

• Ability to make necessary adjustments
3) Along with many of the other criteria on this list (vendor viability, picking the proper
partner, project planning, cost, executive support), selecting ERP software with functionality
that fits your business goes a long way toward avoiding risk during an ERP implementation.
Taking the effort to establish a detailed map of the major business processes that are critical
to your organization's operations and using it throughout the ERP decision and installation
process can also reduce risk. Integrations with other systems, as well as ERP modifications
for your firm, are critical factors to plan.
4) Technology and ERP projects at the enterprise level are inherently risky. Along with many
of the other criteria on this list (vendor viability, picking the proper partner, project planning,
cost, executive support), selecting ERP software with functionality that fits your business
goes a long way toward avoiding risk during an ERP implementation.
5) What is the plan for ongoing support and training? How will you deal with any problems
that arise? Building an internal support team or hiring an external partner (typically, your
ERP implementation partner will also offer managed support services) can ensure that you
get the most out of your ERP investment.

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ENTERPRISE RESOURCE PLANNING

• End-user reporting tools — quicker information access, no development skills required

• User interface and user experience simplicity

• Reliable system performance and reaction time – extremely little downtime

• Ability to link with other systems

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