Installing an erp system would be worth it

Assignment Help Operation Management

Reference no: EM131176162

Based on what you've studied, do you think that installing an ERP system would be worth it, even at a cost of, say $100 million (for a fairly large firm)? How does this differ if you were managing a small-to-medium-size firm and the installation cost was, say, $300,000? Are there other ways to attain some of the benefits of ERP without purchasing a system through an expensive ERP provider?

Reference no: EM131176162

Questions Cloud

Definition of retirement programs has fundamentally changed : The definition of "Retirement Programs" has fundamentally changed. In our parents day, it was customary to provide employer-sponsored retirement health plans and pensions. That day has come and gone from a private-sector perspective.

What are the decision variables for this problem : David, Diana and Lydia are the sole partners and workers in a company that produces fine clocks. David and Diana are each available to work a maximum of 40 hours per week at the company, while Lydia is available to work a maximum of 20 hours per week..

Two kinds of wine valley nectar and valley red : The Valley Wine Company produces two kinds of wine Valley Nectar and Valley Red. The wines are produced from 64 tons of grapes the company has acquired this season. A 1000-gallon batch of Nectar requires 4 tons of grapes and a batch of Red requires 8..

What to be alert to in regard to sustaining change : This chapter provides some words of caution in terms of what to be alert to in regard to sustaining change. Expect some unanticipated outcomes. Be alert to measurement limitations. Don’t” declare victory” too soon. Beware escalation of commitment.

Installing an erp system would be worth it : Based on what you've studied, do you think that installing an ERP system would be worth it, even at a cost of, say $100 million (for a fairly large firm)? How does this differ if you were managing a small-to-medium-size firm and the installation cost..

Data structures can fulfil computer and math requirements : A student must complete at least two math courses, at least two OR courses, and at least two computer courses to graduate with a major in operations research. Some courses can be used to fulfil more than one requirement: Calculus can fulfil the math ..

Practices horizontal integration : This week let’s discuss integration. First, name a company the practices horizontal integration. Describe the structure. Now do the same for a company vertically integrated. In your opinion, which is better to work for? Which offers workers the bette..

Recycle technologies manufactures-sells recycled antifreeze : Recycle Technologies manufactures and sells recycled antifreeze that is 20 percent cheaper and has a carbon footprint about 80 percent smaller than new antifreeze made from original raw materials. The company is trying to reduce waste in the traditio..

Social media marketing tools : Select two Social Media Marketing tools (i.e., Facebook, Snapchat, LinkedIn, Google+, YouTube, Twitter, Instagram, etc., or select your own). Critique the two tools including marketing applications, advantages, disadvantages, likes, dislikes, etc.

User Account

All Pages