Category: Selection
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Applying Pareto’s Principle to ERP Selections
The Pareto principle (also known as the 80-20 rule), states that, for many events, roughly 80% of the effects comes from 20% of the causes. The principle was developed to explain income and wealth distribution in Italy. This principle has evolved into a “rule of thumb” in business. In the software industry the Pareto principle…
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Five key areas to consider when selecting ERP software
There are five key areas to consider when selecting ERP software: (1) Functional Fit How well does the ERP software fit with (a) current business requirements and (b) future business requirements? Too often I see vendor responses and demonstrations spend too much time on “core” functionality and not enough time on the unique and strategic…
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Accelerating ERP Implementations
A holistic approach to accelerating ERP/COTS implementations.