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Justification of ERP Investments Part Three: Costs of Implementing an ERP System
Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into

example of justification  As shown in the example estimates in figure 3.4, a ratio of .25 has been used for total annual costs related to ERP software. A phased implementation approach may mean that additional software must be purchased. A data collection system, for example, may be implemented as part of a second phase. Hardware. Ongoing hardware costs will reflect new requirements specified by the ERP vendor to run the software. External Assistance . External assistance should be used as part of a continuous improvement program Read More...
Learning Management Suite (LMS)
These are tools for managing, creating, scheduling training or learning in your organization. The terminology varies from vendor to vendor. Learning management systems (LMS) typically help to ma...
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Documents related to » example of justification


Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System
An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It

example of justification  figure 3.6. In this example, some general rules of thumb (or ratios) have been used to estimate the one-time costs. The costs to re-implement an ERP system should be significantly lower than implementing a new system. The users have familiarity with system usage, and should know the system strengths and weaknesses. Many firms can live with the shortcomings of their existing system. External assistance from the software vendor and consultants can help develop solutions to shortcomings, and should in any Read More...
Justification of ERP Investments Part Two: The Intangible Effects of ERP
The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative

example of justification  Duplicate data maintenance, for example, requires personnel time in entering data (and possibly managerial time in determining which set of data should be used for decision making). Expediting efforts have a visible effect of consuming personnel time. These quantified cost savings can also be used to show impacts on financial results. *This is Part Two of a four-part article reprinted from Maximizing Your ERP System by Dr. Scott Hamilton. Bridging the theory and realities of current ERP systems, Read More...
A Tale of a Few Good SCM Players - Part 3
Part 1 of this blog post series followed the progress of Manhattan Associates from its inception in 1990 throughout the mid-2000s. During this time, Manhattan

example of justification  better together (the other example could be the  merger of Lawson and Intentia in 2005 ). So, what did they give to each other, or what were they both lacking on their own and end up getting in this combination? The Manugistics Factor JDA was a leader in its respective target retail segments before the acquisition of Manugistics. Likewise, Manugistics was a leader in its respective niches, while (granted) the company had backed off on investments in several of these areas (e.g., complex discrete manufac Read More...
State of the MES Software Marketplace
Despite predictions that it would be subsumed by enterprise resource planning (ERP) vendors encroaching from above and automation vendors encroaching from below

example of justification  Glaze says. As an example, he points to some of the changes in inventory management: We standardized part numbering and reduced raw material inventory from 200 parts to about 60. We changed the way we purchase so that now 80% of our materials are on consignment – time-phased to coordinate with our raw material needs. Epicor’s flexibility has fully supported this effort to the point where we trigger vendor billing for these materials when we open the box. Key Benefits Decorated has cut manufacturing Read More...
The Dollars and Sense of Web Identity Management: How SaaS Cuts the High Costs of Web Access and SSO by 75 Percent
IT infrastructure software has a well-established track record for experiencing frequent cost overruns and missed deadlines. Expensive software and extensive

example of justification  Dollars and Sense of Web Identity Management: How SaaS Cuts the High Costs of Web Access and SSO by 75 Percent IT infrastructure software has a well-established track record for experiencing frequent cost overruns and missed deadlines. Expensive software and extensive customization are the key contributors to increasing identity management costs to four or five times more than the price of the initial identity software license. Learn how software as a service (SaaS) can reduce the cost and complexity Read More...
Types of Video Conferencing
The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol

example of justification  of Video Conferencing The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions. Read More...
Threshold of a New TEC Advisor
I'm happy to announce the beta launch of our new tool to help people start their research and evaluations of enterprise software systems. Think of it as the

example of justification  question carefully. Here's an example for compliance reporting functionality: While you're using it, TEC Advisor shows you a running tally of the vendors offering products within the likely range of something you'll want to evaluate. Once you've answered the necessary questions, you will be presented with the Final Product Standings screen. This is a list of products available for in-depth evaluation and analysis. This is one of the more interesting parts. Although the final standings screen (pictured Read More...
The Market Impact of Two Powerhouses
This is an analysis of the equivalent moves of two superpowers to secure the lower-end of the market, also known as the small-to-medium enterprise (SME) market

example of justification  across the globe. For example, Axapta is the youngest of the MBS products, which despite the disadvantage of a nascent install base and brand recognition, comes with the benefits of more modern technology, while the software supports 20 languages and 32 preloaded currencies, and also adheres to local accounting standards and filing requirements (e.g., taxation and disclaimers), where applicable (for more info, see Microsoft Axapta: Design Factors Shape System Usage ). These capabilities, and MBS' belief Read More...
The Evolution of the Last-mile Supply Chain
“Last-mile supply chain services” is an evolving segment of the supply chain industry, but a cutting-edge segment that has evolved as supply chain managers

example of justification  mentioned in an earlier example, freight costs are now becoming a factor on the income statement and it is clear that freight does not add any value  to the product being shipped. Freight is simply an addition to cost - it adds no value.   The Logical Next Step - Postponement As a result, supply chains reconfigured to minimize inventory and freight. The way this is being handled is by implementing Postponement. Postponement, a topic for another white paper, is, simply put, the act of committing inventor Read More...
Dynamic Best Practices of Vulnerability Management
Vulnerability management, the discovery of vulnerabilities and assessment of the risk to the network, is a critical part of both the security and business

example of justification  variety of reasons. For example, they may be borne in application code, reintroduced via new system installations, or come from computing devices added to the network that did not meet the latest security level. Scan configurations of new equipment to be sure they do not reintroduce old vulnerabilities to the network. Be sure processes for deploying new equipment require scans for vulnerabilities after all software is installed and configured. Be alert for vulnerabilities that may be lurking in Read More...
Best-of-Breed Versus Complete CAD-PLM Suites: The Debate Rages On
The PLM world is currently witness to fervent debate on the most appropriate type of PLM/CAD software. Best-of-breed solutions offer the needed capabilities and

example of justification  of-Breed Versus Complete CAD-PLM Suites: The Debate Rages On The PLM world is currently witness to fervent debate on the most appropriate type of PLM/CAD software. Best-of-breed solutions offer the needed capabilities and hence integrate the necessary software modules as per the customer’s needs, whereas all-in-one CAD/PLM suites attempt a “one size fits all” approach. In his report, TEC principal analyst P.J. Jakovljevic provides his view on the intricacies of these two approaches. Read More...
The Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI
The real action is in merging the influx of electronically transmitted data with existing information already being processed within the ERP system, and the

example of justification  Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI The Pain of Integrated EDI There is more to the best-of-breed versus integrated suite dilemma than mere data synchronization between two disparate enterprise applications. Electronic data interchange (EDI) capability, which for some high-volume industries like automotive suppliers has become a unpleasant required, has been made more dangerous by the level of work that must be dedicated to ensure the accuracy of incoming and outgoing Read More...
The Future of Talent Management: Underlying Drivers of Change
The next generation of talent management practices and solutions will largely be driven by economic evolution, demographic changes, and technology advancements

example of justification  Future of Talent Management: Underlying Drivers of Change The next generation of talent management practices and solutions will largely be driven by economic evolution, demographic changes, and technology advancements. These factors are dramatically influencing the way people work, the way companies are organized, and the way talent is managed. This paper explores how current business and talent management processes and technology must evolve in order to effectively deliver business value in the next 5 Read More...
Forecasting Total Cost of Ownership for Initial Deployments of Server Blades
For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both

example of justification  Total Cost of Ownership for Initial Deployments of Server Blades For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both capital and operating expenses—exploit economies of scale when deploying servers in volume. Saving power, cooling, and space by more than 25 percent, the blade advantage is particularly relevant for servers working in conjunction with storage area networks (SANs). Read More...

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