Vendor Selection for ERP Projects: Tips and Best Practices

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.

What are the potential risks of choosing a vendor based solely on price?

What should you feel about your vendor after the sales cycle?

What considerations should be made regarding the need for consultants during ERP implementation?