Reference no: EM132294004
Assessment Details:
Read the case study attached and complete the exercise.
Case study: How Tumi Cut Inventory and Increased Sales
A decade ago, Tumi, Inc.'s customer fill rates were below 80%, and the company had an excess of inventory - among other problems. But when the travel products maker decided to retire its legacy systems and standardize on SAP Business Suite, it experienced business expansion and better customer service. This profile details Tumi's implementation success story and its transition to a more retail-focused company
Exercise:
Imagine you are a manager of a company which is also running a business like TUMI with similar capital and infrastructure. It has many departments such as sale, marketing, finance, HRM etc. By reading the above article, you are motivated to upgrade your system to ERP. You are required to make a business proposal to convince your CEO about installing ERP system in your company. You must address the followings in your proposal through considerable amount of literature review.
1. What is Enterprise Resource Planning (ERP)? Its benefits and limitations.
2. Why do you believe your company should be upgraded with ERP?
3. List the top 10 brands which offer ERP solution to SMEs.
4. Do a comparative analysis among of them.
5. Which brand do you think is feasible to your company, other than SAP, and why? Justify your arguments with a detailed cost benefit analysis.
Attachment:- Case study - How Tumi Cut Inventory and Increased Sales.rar