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Vendor Selection for ERP Projects: Tips and Best Practices

Vendor Selection for ERP Projects: Tips and Best Practices

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial by Jennifer Nicholson discusses the critical process of selecting an ERP vendor. It emphasizes understanding business needs, evaluating vendors based on product fit and cultural alignment, and the importance of verifiable references. The tutorial advises using a scorecard for objective comparison and highlights the significance of managing vendor relationships. It also suggests hiring consultants for better negotiation and implementation support, depending on the project's scope and in-house expertise.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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