(1) Define Business Requirements and ERP System Success
(2) Request for Information (RFI) from ERP Vendors
(3) Request for Proposal (RFP)
(4) ERP Demonstrations
(5) Due Diligence
Request for Information (RFI) from ERP Vendors
After defining in meticulous detail business requirements and processes, and ERP system success, submit a Request for Information (RFI) to ERP vendors most likely to satisfy basic business requirements.
It is important to be clear and realistic about key business drivers and requirements. Narrow the scope as much as possible. Understand business objectives and how the ERP system helps execute business strategies.
The goal in this step is to obtain information to eliminate ERP systems that do not meet your unique business requirements. It may be prudent to work with an independent third-party professional to help differentiate between relevant and useful information and marketing hype.
Document critical success factors and determine how the ERP systems match up against these factors.