BF160: Business Information Systems - Project 3 1) Explain in your own words what Enterprise Resource Planning System is. Identify at least three benefits associated with implementing an ERP system by Olpero LLC. 2) Which type of an ERP system (on-premise, cloud, or hybrid) would you recommend Olpero LLC to implement? Explain why. COMER BELANOM MOCI MANAGEMINI 3) Search on the Internet and choose an ERP system that you would you recommend Olpero LLC to implement. Make sure to explain the selection criteria that you used and the reasons for your choice. Submit your original responses (at least 3 paragraphs) to Project 3 in Moodle. ENTERPRISE RESOURCE PLANNING HUMAN RESOURCE MAMAGIMIN FRANCES ACCOUNT Integrating the Organization from End to End Enterprise Resource Planning Project Description: Olpero LLC is a small company that specializes in producing and selling handmade cosmetics (soaps, essential oils, creams, etc.). The business started three years ago when two friends, Diana and Daria, manufactured products at home. Initially, the goods were sold on Instagram and then in their own physical shop. Olpero cosmetics have become very popular, so Diana and Daria rented a production facility to manufacture the products and hired five people. In addition, cosmetics are currently on sale in three shops in the state, and the girls are about to open an online store with delivery throughout the United States. To date, annual revenue has reached $1 million and is projected to grow by 50% annually. In addition, the girls are planning to hire new employees. Business management is becoming more complex and requires better organization of supply management, production, personnel, customer relationship, finance. Diana and Daria think they need to get an ERP system, but according to all the feedback they have heard, its implementation is a very expensive and complicated process that does not guarantee success. Diana and Daria have hired you as a consultant and have asked you to prepare a short memo about implementation of an ERP system. BF160: Business Information Systems - Project 3 1) Explain in your own words what Enterprise Resource Planning System is. Identify at least three benefits associated with implementing an ERP system by Olpero LLC. 2) Which type of an ERP system (on-premise, cloud, or hybrid) would you recommend Olpero LLC to implement? Explain why. COMER BELANOM MOCI MANAGEMINI 3) Search on the Internet and choose an ERP system that you would you recommend Olpero LLC to implement. Make sure to explain the selection criteria that you used and the reasons for your choice. Submit your original responses (at least 3 paragraphs) to Project 3 in Moodle. ENTERPRISE RESOURCE PLANNING HUMAN RESOURCE MAMAGIMIN FRANCES ACCOUNT Integrating the Organization from End to End Enterprise Resource Planning Project Description: Olpero LLC is a small company that specializes in producing and selling handmade cosmetics (soaps, essential oils, creams, etc.). The business started three years ago when two friends, Diana and Daria, manufactured products at home. Initially, the goods were sold on Instagram and then in their own physical shop. Olpero cosmetics have become very popular, so Diana and Daria rented a production facility to manufacture the products and hired five people. In addition, cosmetics are currently on sale in three shops in the state, and the girls are about to open an online store with delivery throughout the United States. To date, annual revenue has reached $1 million and is projected to grow by 50% annually. In addition, the girls are planning to hire new employees. Business management is becoming more complex and requires better organization of supply management, production, personnel, customer relationship, finance. Diana and Daria think they need to get an ERP system, but according to all the feedback they have heard, its implementation is a very expensive and complicated process that does not guarantee success. Diana and Daria have hired you as a consultant and have asked you to prepare a short memo about implementation of an ERP system
