Smitheford Pharmaceuticals Company seeks to implement an Enterprise Resource Planning (ERP) software that should improve the company’s efficiency and effectiveness. The ERP software should help with making business decisions using real-time data, help the company remain competitive, and provide real-time data. The two types of ERP systems that that can be used by the company include Microsoft Dynamics 365 and SAP. A decision-tree diagram should be applied to choose the ERP software that can be recommended.
Microsoft Dynamics 365 is an enterprise resource planning and Customer Relationship Management (CRM) software. The software has two separate features that include Dynamics 365 Business Central, and Dynamics 365 Finance & Operations. The Business Central solution is suitable for both small and medium-sized businesses while the Finance & Operations system is suitable for large companies that use multiple lines of business, international operations, and have multi-currency requirements. The software provides other related apps that can integrate into businesses that deal with manufacturing, supply chain management, distribution, finance, and retail. The benefits of implementing the ERP system is that a company expects to cut costs, scale its operations, and improve its efficiency. Microsoft Dynamics will be a more affordable option for the Smitheford Pharmaceuticals Company and will be implemented within a short time.
Delegate your assignment to our experts and they will do the rest.
The other option for the ERP software is Systems Applications and products (SAP), a leading company that provides multiple ERP applications that can be used by a business. SAP will be advantageous in providing the latest technology like internet of things (IoT), big data analytics, and in-memory computing. Smitheford Pharmaceuticals Company should make decisions on real-time data, allowing it to improve efficiency in its operations. SAP may require additional implementation costs and may take more time for implementation. The company has pioneered software that can be applied for specific business purposes. For instance, the SAP HANA can be applied to in-memory computing for in-memory services. The SAP has been designed to meet the modern business needs.
Decision Tree Diagram
The decision-tree diagram was used to analyze the specific type of ERP system that could be used by the Smitheford Pharmaceuticals Company. The choice selected for the ERP was Microsoft Dynamics 365 Business Central. The considerations made in the decision tree involved analyzing the affordability and functionality of the ERP. Microsoft dynamics 365 was more affordable compared to SAP Smitheford Pharmaceuticals Company p enterprise. The Business Central option was selected because it will suit as a medium-sized company. The SAP system would be chosen for a more sophisticated system that requires additional costs and various features like the IoT, in-memory capabilities, and bid data.
