Explain the erp selection criteria matrix

Assignment Help Management Information Sys

Reference no: EM1327724

ERP Software Selection Criteria
Objective
Provide some experience with reviewing the wide range of selection criteria that typically surface during the initial phases of an ERP project and organizing them into a cohesive selection criteria matrix.

Tools and Input Material
- The American Productivity and Quality Center (APQC.org) has provided a set of "typical" processes for organizations by industry. This may be a good starting point for the types of processes that will need to be supported by the new ERP system. Most organizations start with the accounting and finance areas and expand from there. The second most common area is either Manufacturing or Human Resources, depending on the nature of the enterprise.
- Microsoft Excel: Using the processes and area of evaluation, Excel is an appropriate tool for calculating a weighted score for each vendor and comparison across vendors.

TASK
Using MS Excel, create an enterprise resource planning (ERP) selection criteria matrix that will be utilized in your organization. Utilize your own experiences, the American Productivity and Quality Council (APQC) Process Classification Framework (PCF), and research about enterprise requirements to complete the assignment. The matrix should include categories of selection criteria including--at a minimum--technical architecture, finance & accounting, human resources, and management reporting. The criteria for selection will be weighted relative to the other criteria, and the spreadsheet will be completed to provide a relative ranking by criteria, category, and sum total.

Excellent selection criteria matrices will include several category areas beyond the minimum three listed above and will provide some additional analysis about each vendor, which may be useful during product and/or services negotiations.
1. Do the individual criteria for evaluation have realistic priority rankings?
2. Do the format and formulas within the spreadsheet function to allow for easy understanding about how each vendor ranked by category?
3. Is there an "executive overview" that provides a snapshot of the evaluations? Hint: consider using a radar or spider web chart.

Reference no: EM1327724

Questions Cloud

Quality focus and customization focus : Operation Management - Cost Focus, Quality Focus, and Customization Focus

What are the potential benefits of management projects : What are the potential benefits of management projects. What strategies must companies follow to achieve positive results in knowledge management projects.

Present values of several cash flows : Evaluate the present value of a $270 cash flow for the following combinations of discount rates and times:

Influence is the ability to affect the behavior : Influence is the ability to affect the behavior of others in a particular direction, whereas power is the potential or capacity to influence.

Explain the erp selection criteria matrix : ERP Selection Criteria Matrix - Give some experience with reviewing the wide range of selection criteria that typically surface in the initial phases of an ERP project and organizing them into a cohesive selection criteria matrix.

Where the size is the number of doubles to be sorted : Asks for values and stores them into an array of double. Sorts the values in ascending order according to the following algorithm, where size is the number of doubles to be sorted.

Discussing the titile vii : Whether certain situations are legal or illegal in relations to Title VII laws.

Explain relationship between ebusiness and fair trade : Explain Relationship between eBusiness and fair trade and the concept of ethical consumerism has emerged over the past 15 years to describe actions taken by individuals seeking to actively support products according to their perceived ethical cre..

Calculate present value of future payment : Compute the present value of a payment of $1,075 you would received for 10 years if the interest rate is 5%. Compute the present value of a payment of $875 you would received for 15 years if the interest rate is 5%.

User Account

All Pages