Integrated Innovations ERP system objective:

Enterprise Resource Planning (ERP) is a software system designed to incorporate all business functions and relating information under one organisational system to ensure operational efficiency (Nwankpa, 2015). ERP systems are designed to resolve communication problems between organisational departments, therefore resulting in increased productivity (Marrone, 2016). There are a large range of ERP systems available for organisations to implement, with each ERP system possessing their own characteristics suitable for diverse organisations in numerous industries. It is important for Integrated Innovations to adopt the best-suited ERP system for the organisation, in order to achieve the most effective and efficient outcome. Integrated Innovations aims to gain an ERP system that provides; recording and storage of business information reliably, an easy to use system for employees to operate, easy customizability to suit the manufacturing industry, as well as time-savviness and cloud based technology for easy access.

The following ERP system options are best suited to Integrated Innovations aim for its internal organisational structure; Global Shop Solutions, Oracle Netsuite, and SAP Business By Design. Each ERP system offers characteristics specifically desired for daily business operations by Integrated Innovations .

Global Shop Solutions:

Strengths

Weaknesses

1. One benefit of implementing the GSS ERP software from Global shop solutions is that the return on investment can be potentially a lot greater than the initial cost of setting up the software (Global Shop Solutions, 2019). 2. Implementing GSS ERP software can shorten processes. Some of the functions that ERP software can offer is automating purchases and storing data in the system. This eliminates redundant data, with the elimination of redundant data, data will be more accurate (Global Shop Solutions, 2019). 3. The third benefit of implementing an ERP software in an organisation is the reduced labor costs. This is because when GSS ERP software is running information is constantly being updated this means that employees dont need to worry about entering data which is already on the system. This means that less time is spent on administration costs and time can be allocated towards other activities (Global Shop Solutions, 2019).

1. The GSS ERP software which was developed by Global Shop Solutions can have some weaknesses such as training that is required to the complexity of the software (Global Shop Solutions, 2019). This can pose as a major issue because employees will have to take a short period of time from their current work duties to learn the software. 2.GSS ERP software can be an expensive implementation towards a business. One major weakness that can be as a result of this is organisations not making enough profit in order to run this software(Global Shop Solutions, 2019).

Oracle Netsuite:

Strengths

Weaknesses

1. Oracle NetSuite is currently a large organisation in the market , this means that because of their well known dominance using their software will be beneficial due to their well known status CRM Exposed, 2019). 2. Oracle Netsuite follows a role based application navigation and security. This structure can be beneficial for users who prefer this structure (CRM Exposed, 2019).

1. Oracle Netsuites system is a complex system, this can lead to customers being uninterested in the software because organisations need to find a software which is user friendly and can cater to every employees need (CRM Exposed, 2019). 2. Oracle Netsuite is known for high customer support costs as well as being inefficient. Netsuite charges additional fees in comparison to other ERP softwares which may already include the cost of customer support in their annual or monthly fees. This can lead to loss of customers because Oracle Netsuite is a more expensive option (CRM Exposed, 2019). 3. Oracle Netsuite has developed a poor reputation. This is evident through previous business partners and users as they have often complained about the lack of customer support and how unstable the product that they are using is (CRM Exposed, 2019).

SAP Business By Design:

Strengths

Weaknesses

1. One of the key strengths of SAP Business byDesign ERP software is that it adopts a cloud based strategy. It also implements ERP and CRM functions together. This is beneficial for customers as the software is integrating other factors into their software (ERP Search, 2019). 2. The ERP software which SAP Business by Design offers is at a competitive price in comparison to other ERP softwares, this is because it offers maintenance and support costs inclusive of the annual/monthly fee (ERP Search, 2019). 3. The third benefit of this software is that it supports many platforms, this is convenient for people who do not always have access to a computer as they can do work on their phones and tablets (ERP Search, 2019).

1. One of the major weaknesses of this software is that it is not available in every country. This is a big disadvantage because this limits the organisation from being able to grow as a global organisation and profits will be lost due to the software not being available everywhere. Currently only available in Australia, Austria, Canada, China, France, Germany, India, Switzerland, UK and US (ERP Search, 2019). 2.Currently there other organisations in the market which may provide a better ERP software. An example of this would be Oracle (ERP Search, 2019). 4. SAP Business by Design has developed a poor reputation of a company. This is evident of the numerous product recalls and terminations, as well as the poor customer support. This will result is new customers not wanting to use this software due to the negative stigma which has been attached to this company (ERP Search, 2019).

Selected ERP System for Integrated Innovations:

Integrated Innovations manufactures RFID sensors. These sensors are specifically designed and manufactured for retail store application. The sensors are capable of scanning an entire trolley or basket in a matter of seconds to quickly collate the total price of all items a customer wishes to purchase. Due to Integrated Innovations specific application and relatively small-scale production scope, Integrated Innovations does not require a large Enterprise Resource Planning (ERP) system and rather a small to medium size ERP that can effectively integrate all the functional areas of the organisation. Integrated Innovations analysed three different ERP systems to aid in deciding what type of ERP would be best suited for the organisation.

From the list of ERP systems analysed, Global Shop Solutions is the chosen ERP system for Integrated Innovations . Global Shop Solutions ERP system appeals to small to medium size organisations and though Integrated Innovations has ambitious goals, such as providing the innovative RFID technology to all large retail stores across Australia, a small to medium size operation for the production of these sensors is all that is required as Integrated Innovations aims to have an efficient manufacturing process for the production of the Rapid Scanner sensors in a fast and efficient manner for large scale production. For these reasons Integrated Innovations have chosen Global Shop Solutions ERP System.

Global Shop Solutions has a powerful Enterprise Resource Planning system that incorporates a low setup cost, this low cost helps mitigate risks involved with manufacturing for any industry. The low setup cost carries through to Integrated Innovations return on investment, with a low initial cost it's plausible to naturally surpass the cost price with the use of the system in place and steady projected sales. Furthermore Integrated Innovations have chosen Global Shop Solutions due to its automated data storing system, with this system the organisation can run efficiently due to the nature of an automated data storing system removing redundant data giving us accurate and reliable data outputs.

CONCLUSION

Integrated innovations is pursuing the investment of RFID Rapid Scanners, to vastly differentiate its products, granting a competitive edge against competitors in the market. The ERP system that the institution has chosen is Global Shop Solutions. This ERP system is excellent for integrating all smaller business functions under one shared database, improving efficiency and productivity by helping the users to navigate complex processes, improved ease of access to data and documents, elimination of repetitive processes as well as greatly reducing the need for manual information entries. Overall, Integrated innovations has the confidence and optimism, that with the introduction of the RFID Rapid Scanners, along with the Global Shop Solutions ERP system, the company will have an unprecedented presence in the market which in turn will lead to organisational growth and increased market share.

How can I present this report (presentation 1 minute only)?