What is enterprise resource planning

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Reference no: EM132294004

Assessment Details:

Read the case study attached and complete the exercise.

Case study: How Tumi Cut Inventory and Increased Sales

A decade ago, Tumi, Inc.'s customer fill rates were below 80%, and the company had an excess of inventory - among other problems. But when the travel products maker decided to retire its legacy systems and standardize on SAP Business Suite, it experienced business expansion and better customer service. This profile details Tumi's implementation success story and its transition to a more retail-focused company

Exercise:

Imagine you are a manager of a company which is also running a business like TUMI with similar capital and infrastructure. It has many departments such as sale, marketing, finance, HRM etc. By reading the above article, you are motivated to upgrade your system to ERP. You are required to make a business proposal to convince your CEO about installing ERP system in your company. You must address the followings in your proposal through considerable amount of literature review.

1. What is Enterprise Resource Planning (ERP)? Its benefits and limitations.

2. Why do you believe your company should be upgraded with ERP?

3. List the top 10 brands which offer ERP solution to SMEs.

4. Do a comparative analysis among of them.

5. Which brand do you think is feasible to your company, other than SAP, and why? Justify your arguments with a detailed cost benefit analysis.

Attachment:- Case study - How Tumi Cut Inventory and Increased Sales.rar

Verified Expert

This assignment was a business proposal for upgrading a company with ERP packages.There were five questions that need to be addressed. Firstly,information about ERP with its benefits and limitations has been described.Next, the reason for the need of up-gradation of the company with ERP has been mentioned. After that the top 10 ERP brands have been listed along with their comparative analysis.Finally,a sample cost-benefit analysis has been described resulting to the suggestion of using NetSuite ERP over SAP for the company.

Reference no: EM132294004

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Reviews

len2294004

4/26/2019 3:06:04 AM

Working Mechanism (20 marks) A very detailed and very clear working mechanism of phishing attacks Summary (10 marks) Summary not relating to the report Brief summary of the report with some relevance Generally good summary of the report A section clearly summarizing the overall contribution A section very clearly summarizing the overall contribution References and citation (10 marks) Lacks consistency with many errors. Unclear referencing/style Generally good referencing/style Clear referencing/ style Clear styles with excellent source of references.

len2294004

4/26/2019 3:05:48 AM

Marking Criteria Introduction (10 marks) Excellent (85-100%) of the criterion mark Introduction is very well written with very clear background, discussion about the impact of phishing on the society, and the report outline Content Understanding of the Key components of writing a proposal including ERP, CRM and SCM, cost benefit analysis. Has excellent skills in developing project scope statement. All questions answered. Comprehensive and complete coverage of information. In- 30 marks)depth and profound understanding of ERP, CRM and SCM, cost benefit analysis were noticed Essay organization How logically arguments are stated and how critically problems are analysed (20 marks) Develops a clearly articulated argument, using evidence and/or systematic logical reasoning in support of a conclusion or point of view. The way problem situation is analysed requires high level of critical analysis skills.

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