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Develop an Appropriate ERP Operation Strategy

There is no greenfield ERP project.

More Details
Selecttherightvendorfordesktopvirtualization-storyboard
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Your Challenge

  • ERP is a complicated technology with many moving parts.
  • Every enterprise has some sort of ERP or financial system. IT leaders must have a plan in place for the ongoing care and feeding of the system.
  • At any given point in time, IT leaders have three options for the ERP system: stick with what they’ve got, augment it, or replace it. The challenge is knowing which choice is right.

Our Advice

Critical Insight
  • IT leaders must refresh their ERP plans on an annual basis. They must be able to recommend if the ERP system should be augmented or replaced.
  • Replace the ERP system if the planned five-year TCO for an augmented system is higher than the estimated replacement cost.
  • Self assessment is an important part of the ERP evaluation: know your business, know your processes, and know your product.
Impact and Result
  • Be armed with the knowledge and tools to effectively conduct your annual ERP review.
  • Establish recommendations for senior management or the IT steering committee.

Get to Action

  1. Evaluate the ERP system.

    Understand options for managing the existing ERP implementation.

  2. Assess the existing ERP strategy.

    Develop an informed position on ongoing ERP maintenance options.

  3. Estimate replacement costs.

    Determine if an ERP augmentation strategy is still effective.

Related Solution Sets

Build an ERP Selection & Implementation Strategy

The real cost of ERP failure is your career.

Optimize Multi-Instance ERP

Survive the ERP zombie apocalypse.

Tags

planning, ERP, TCO, enterprise resource planning, resource, ERP best practices, ERP selection, ERP evaluation, ERP success, resource tool, TCO assessment, TCO calculator, TCO planning, resource planning, erp tco

Related Content

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  2. Storyboard: Develop an Appropriate ERP Strategy
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  4. Build an ERP Selection & Implementation Strategy
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There is no greenfield ERP project.

Companies Who Helped

9 Organizations contributed information to assist with the development of this solution set. Due to the sensitivity of the information, all contributors requested confidentiality.

Solution Road Map

Other Solution Sets in ERP
1. Develop an Appropriate ERP Operation Strategy
There is no greenfield ERP project.
2. Build an ERP Selection & Implementation Strategy
The real cost of ERP failure is your career.
3. Vendor Landscape: Mid-Market ERP
New players are taking ERP from just transactions, to business actions.
4. Vendor Landscape: Higher Education ERP
The old dogs are (finally) producing some new tricks.
5. Optimize Multi-Instance ERP
Survive the ERP zombie apocalypse.
View the full Solution Road Map