MRP software - Key Performance Indicators (KPIs):
1. Scalability - expansion to 100s of SKUs to accommodate growth, currently handling 2 SKUs (FitChair and OM)
2. Positive, first-person user reviews
3. MRP Specificity - "bolt-on" addition to existing ERP software at FitX
4. International Trade/Distribution Compatibility - particularly China to USA shipping/USA distribution network
5. Tech Support available - Can we pick up the phone and get help if needed?
6. Price Range
7. NPV cost (Net Present Value @ 30% discount rate)
Selection Operation:
1. Brainstorm ideas for MRP software - We explored 5 alternatives and Oracle and SAP offerings.
2. Explore websites and search for KPI information - Internet search was the main method of information gathering.
3. Document reasoning on website - Pass/Fail system + Qualitative explanation - listed below for all alternatives
1. Scalability - expansion to 100s of SKUs to accommodate growth, currently handling 2 SKUs (FitChair and OM)
2. Positive, first-person user reviews
3. MRP Specificity - "bolt-on" addition to existing ERP software at FitX
4. International Trade/Distribution Compatibility - particularly China to USA shipping/USA distribution network
5. Tech Support available - Can we pick up the phone and get help if needed?
6. Price Range
7. NPV cost (Net Present Value @ 30% discount rate)
Selection Operation:
1. Brainstorm ideas for MRP software - We explored 5 alternatives and Oracle and SAP offerings.
2. Explore websites and search for KPI information - Internet search was the main method of information gathering.
3. Document reasoning on website - Pass/Fail system + Qualitative explanation - listed below for all alternatives
Summary of Our Needs
As an already existing financial entity, FitX does not need new ERP software. We are expanding our operations and manufacturing division by investing in the OM Headphones project. We need software specifically designed for MRP - Materials Resource Planning. Other important considerations for our software needs include the future ability to handle a large number of unique SKUs if we wish to expand our product with a branding operation. We also need software that provides accounting for international operations in China. Software made by a larger software company will probably provide more robust tech support as well, in our opinion. We desire a software system with an NPV price of less than $100,000.
Summary of TLA Analysis
Fishbowl Manufacturing
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - pass
4. International Trade/Distribution Compatibility - pass (specific FOREX feature included)
5. Tech Support available - pass
6. Price Range - $4500/year to operate, additional for tech support - max $15,000/year for operation
source:
7. NPV Price: $28,000
Link to online reviews: Applicable - satisfied 5/5 KPIs
1. Small Manufacturer - https://www.youtube.com/watch?v=SeXjniQAgLA
2. Fishbowl Review - https://www.youtube.com/watch?v=ElWP0nzWirw
3. Interface with QuickBooks https://www.youtube.com/watch?v=n876BDJs4TE
Qualitative text:
https://www.fishbowlinventory.com/products/fishbowl-manufacturing/
2. Positive, first-person user reviews - pass
3. MRP Specificity - pass
4. International Trade/Distribution Compatibility - pass (specific FOREX feature included)
5. Tech Support available - pass
6. Price Range - $4500/year to operate, additional for tech support - max $15,000/year for operation
source:
7. NPV Price: $28,000
Link to online reviews: Applicable - satisfied 5/5 KPIs
1. Small Manufacturer - https://www.youtube.com/watch?v=SeXjniQAgLA
2. Fishbowl Review - https://www.youtube.com/watch?v=ElWP0nzWirw
3. Interface with QuickBooks https://www.youtube.com/watch?v=n876BDJs4TE
Qualitative text:
https://www.fishbowlinventory.com/products/fishbowl-manufacturing/
Odoo.com
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range - $300/user/year * 5 users/year = $1500/year for operation
source:
7. NPV Price: $2750
Link to online reviews: Applicable - satisfied 4/5 KPIs
1. https://www.youtube.com/user/OpenERPonline
2. https://www.youtube.com/watch?v=Vp5xqQOWLzE
Qualitative text:
https://www.odoo.com/
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range - $300/user/year * 5 users/year = $1500/year for operation
source:
7. NPV Price: $2750
Link to online reviews: Applicable - satisfied 4/5 KPIs
1. https://www.youtube.com/user/OpenERPonline
2. https://www.youtube.com/watch?v=Vp5xqQOWLzE
Qualitative text:
https://www.odoo.com/
Sage X3
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range - $2600/user installation * 5 users -> $13,000 for one time installation
source:
7. NPV Price: $13,000
Link to online reviews: Applicable - satisfied 4/5 KPIs
1. Overview - https://www.youtube.com/watch?v=EyMwjRx3gdo
2. Data Entry - https://www.youtube.com/watch?v=S_l5MUGw9sg
3. Product Capabilities - http://www.sagex3.com/en-us/product_capabilities
Qualitative text:
source: http://www.top10erp.org/sage-erp-x3-products-28
"Sage ERP X3 is the most powerful and flexible business management solution offered by Sage. It empowers mid-sized and larger companies with the ability to grow a competitive business with limited IT resources. Sage ERP X3 provides industry-leading functionality that encompasses all business processes. Its compact software design supports industry specific processes and provides end-to-end visibility across finance, sales, customer service, purchasing, inventory and manufacturing operations.
Sage ERP X3 enables you to manage your business growth in a fundamentally more efficient manner while reducing costs, delighting your customers, and outmaneuvering the competition."
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range - $2600/user installation * 5 users -> $13,000 for one time installation
source:
7. NPV Price: $13,000
Link to online reviews: Applicable - satisfied 4/5 KPIs
1. Overview - https://www.youtube.com/watch?v=EyMwjRx3gdo
2. Data Entry - https://www.youtube.com/watch?v=S_l5MUGw9sg
3. Product Capabilities - http://www.sagex3.com/en-us/product_capabilities
Qualitative text:
source: http://www.top10erp.org/sage-erp-x3-products-28
"Sage ERP X3 is the most powerful and flexible business management solution offered by Sage. It empowers mid-sized and larger companies with the ability to grow a competitive business with limited IT resources. Sage ERP X3 provides industry-leading functionality that encompasses all business processes. Its compact software design supports industry specific processes and provides end-to-end visibility across finance, sales, customer service, purchasing, inventory and manufacturing operations.
Sage ERP X3 enables you to manage your business growth in a fundamentally more efficient manner while reducing costs, delighting your customers, and outmaneuvering the competition."
Netsuite.com - OneWorld
1. Scalability - pass
2. Positive, first-person user reviews - pass 3. MRP Specificity - fail 4. International Trade/Distribution Compatibility - fail 5. Tech Support available - fail 6. Price Range - $6000/year (minimum) 7. NPV Price: $11,000 Link to online reviews: Not Applicable - failed 3/5 KPIs Qualitative text: source: http://www.netsuite.com/portal/industries/manufacturing.shtml "Your Unfair Advantage. NetSuite is the best choice for manufacturers wanting a complete business solution, including ERP, CRM, HCM and ecommerce capabilities.AGILITYReact swiftly to opportunities and challenges—NetSuite replaces unwieldy and complex processes with one software suite that pre-empts delays and errors that impact costs. PRODUCTIVITY Achieve more with your existing resources—NetSuite converts silos of suppliers and consumers into synergistic partnerships that maximize profitability and loyalty. TRANSPARENCYStay informed about every aspect of your business—NetSuite features a unified architecture that provides actionable insights about every aspect of your operation, anytime, anywhere." |
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Kenandy.com
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - fail
5. Tech Support available - fail
6. Price Range: $12,000/year (5 users)
source: http://www.marketwired.com/press-release/kenandy-inc-announces-cloud-erp-for-product-companies-1651583.htm
7. NPV Price: $22,000
Link to online reviews: Not Applicable - failed 3/5 KPIs
Qualitative text:
http://www.kenandy.com/product/
Oracle MRP
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - pass
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range: $4600/user *5 users = $23,000 + updates @ $5000/year
source: http://www.oracle.com/us/corporate/pricing/applications-price-list-070574.pdf
7. NPV Price: $25,000
Link to online reviews: -anecdotal evidence used for evaluation
Qualitative text: N/A
2. Positive, first-person user reviews - pass
3. MRP Specificity - pass
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range: $4600/user *5 users = $23,000 + updates @ $5000/year
source: http://www.oracle.com/us/corporate/pricing/applications-price-list-070574.pdf
7. NPV Price: $25,000
Link to online reviews: -anecdotal evidence used for evaluation
Qualitative text: N/A
SAP Business One
1. Scalability - pass
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range: $3000/user +20% annual maintenance = $15,000+20% annual maintenance
source: http://www.aetherconsulting.com/blog/article/935/how-much-does-sap-business-one-cost/
7. NPV Price: $15,000
Link to online reviews: Not Applicable - failed MRP specificity, which is a non-negotiable KPI
Qualitative text: Not Applicable
2. Positive, first-person user reviews - pass
3. MRP Specificity - fail
4. International Trade/Distribution Compatibility - pass
5. Tech Support available - pass
6. Price Range: $3000/user +20% annual maintenance = $15,000+20% annual maintenance
source: http://www.aetherconsulting.com/blog/article/935/how-much-does-sap-business-one-cost/
7. NPV Price: $15,000
Link to online reviews: Not Applicable - failed MRP specificity, which is a non-negotiable KPI
Qualitative text: Not Applicable