Best Of Breed Versus Erp Systems 1234
Best of Breed Versus Erp Systems
ASSIGNMENT 1 BEST OF BREED versus ERP SYSTEMS
(BCO6603)
PRESENTED BY JOHN SMITH Student ID: 1234567 Victoria University Assignment 1: Management Report
Introduction
Making decision of what to select between “best of breed” and Enterprise Resource Planning (ERP) systems are never easy. There are many controversy or chaos issues surrounds this thought and debate. Which one is better? What factors need to be considered? This paper will address the difference between “best of breed” and ERP System that needs to be considered, such as the definition, advantages and disadvantages each of them.
“Best Of Breed” System
“Best of Breed” is a collection of different applications from different vendors that used in an organisation to run a business (Leahy 2004). Typically, the “best of breed” vendors are focused on a single application. Thus, they have more knowledgeable and able to produce a richer set of functionality (Thompson 2003).
Advantages According to Carroll (2002) and Montgomery (2003), the advantages of using the “best of breed” are; Produce a richer set of functionality from particular application for each business area. Flexibility to substitute of individual element in the application without major reconstruction to the system. Getting response faster from the vendor to adopt and create new function as the vendor is specialising in particular system application.
1234567 John Smith
1
Assignment 1: Management Report
Disadvantages Montgomery (2003) and On-Line Consultant Software (2003) state disadvantages of using “best of breed” are; Incompatibilities between vendor’s products will create some problems due to ambiguities with specifications, and the human nature of competition. Different standards between each application can affect the company’s performance as the information cannot be accessed and updated easily. This problem can reduce customer satisfactions as more time consuming will be needed to access their
ASSIGNMENT 1 BEST OF BREED versus ERP SYSTEMS
(BCO6603)
PRESENTED BY JOHN SMITH Student ID: 1234567 Victoria University Assignment 1: Management Report
Introduction
Making decision of what to select between “best of breed” and Enterprise Resource Planning (ERP) systems are never easy. There are many controversy or chaos issues surrounds this thought and debate. Which one is better? What factors need to be considered? This paper will address the difference between “best of breed” and ERP System that needs to be considered, such as the definition, advantages and disadvantages each of them.
“Best Of Breed” System
“Best of Breed” is a collection of different applications from different vendors that used in an organisation to run a business (Leahy 2004). Typically, the “best of breed” vendors are focused on a single application. Thus, they have more knowledgeable and able to produce a richer set of functionality (Thompson 2003).
Advantages According to Carroll (2002) and Montgomery (2003), the advantages of using the “best of breed” are; Produce a richer set of functionality from particular application for each business area. Flexibility to substitute of individual element in the application without major reconstruction to the system. Getting response faster from the vendor to adopt and create new function as the vendor is specialising in particular system application.
1234567 John Smith
1
Assignment 1: Management Report
Disadvantages Montgomery (2003) and On-Line Consultant Software (2003) state disadvantages of using “best of breed” are; Incompatibilities between vendor’s products will create some problems due to ambiguities with specifications, and the human nature of competition. Different standards between each application can affect the company’s performance as the information cannot be accessed and updated easily. This problem can reduce customer satisfactions as more time consuming will be needed to access their
Bibliography: 1. B2B Analysts 2005, Whither Best in Breed?, viewed 1 April 2007, 2. Burleson, DK, 1999, Oracle SAP Administration,1st edn, O’Reilly & Associates, California. 3. Carroll, T 2002, Best-of-Breed Vs ERP/SCM: Which Way To Go For Supply Chain Collaboration, Syncra Systems, Massachusetts, viewed 1 April 2007, 4. Koch, C 2005, The ABCs of ERP, viewed 1 April 2007, . 5. Leahy, T 2004, Business Finance Article Archives: Best-of-Breed Software, viewed 1 April 2007, 6. MacLeod, M 2002, ERP or Best of Breed?, viewed 9 April 2007, < http://www.elogmag.com/magazine/20/erp.html> 7. Montgomery, N 2003, European Retailers Divided Over ERP versus Best of Breed, viewed 9 April 2007, 8. Mosaic Data Solutions, Inc 2007, ERP FAQ’s, viewed 1 April 2007, . 9. On-Line Consultant Software 2003, Best of Breed Vs. Integrated Systems, viewed 9 April 2007, < http://www.olcsoft.com/select_0800.htm> 1234567 John Smith 7 Assignment 1: Management Report 10. Shanks, G, Seddon, PB & Willcocks, LP (eds) 2003, Second-Wave Enterprise Resource Planning Systems: Implementing for Effectiveness, Cambridge, United Kingdom. 11. Thompson, O 2003, Single Source or Best of Breed - The Debate Continues, viewed 9 April 2007. 12. Westervelt, R 2003, SAP News: Debating ERP and best-of-breed, viewed 1 April 2007, 1234567 John Smith 8