The meta consideration is whether your current ERP system supports or constrains your ability to execute business strategies that will make your company successful?
Key ERP considerations
- Customized business fit
- Delivering return on investment (ROI)
- Future mission critical information and intelligence
- Business intelligence (BI) and data analytics capabilities
- ERP implementation skills and capabilities
- Ease of use
What specific information and intelligence does the business need (finance, sales, human resources...). Today? In the future?
What are the specific business problems solved with ERP (regulation compliance, sourcing, shorten product lead times, improve communications with suppliers)?
What features and functions do you need from a new ERP solution that will clarify and simplify use and increase productivity?
What business intelligence (BI) features will clarify strategic analysis, help make better decisions, lower costs and increase productivity?
What are the goals and metrics used to measure the business benefits of the ERP solution (KPIs - such as inventory accuracy, cost reductions and month-end closing processes)?
Who is responsible for measuring the business benefits relevant to specific ERP modules?
How to measure the return on investment (ROI) and total cost of ownership (TCO) of the ERP system?
Which ERP vendors are leading the market? In your industry?
Which ERP solutions have the lowest and highest total cost of ownership (implementation, systems integration, training, administration, support/maintenance, upgrades, lock-in)?
What ERP modules to buy first and which ones can wait?
What ERP modules other firms are buying most, and which they don’t use?
Who should be involved in the purchase and implementation decision?
Roles different departments and project stakeholders play?
Pre-implementation decisions that must be made that will affect the whole project?
Service Orientated Architecture (SOA) considerations?
Estimated costs of ERP software updates?
Do your organization’s business leaders support the ERP implementation project?
Are leaders and front-line workers involved in deciding which business processes are included in the ERP package, how to phase in the rollout and how to measure success with the implementation?