Lack of a systems strategy
The first priority when setting out to select a new ERP system is to have a clear vision as to what you’re looking for. You need to know what’s definitely in scope, what’s definitely out of scope and what might be in scope should the right solution be available.
This should be driven by a systems strategy that assesses the benefits of implementing ERP – strategic, financial and intangible – and the likely costs of the various options.
Unfortunately, many organisations jump straight into systems selection projects without taking the time to consider what the business needs and what it’s going to cost.
Clarity on the benefits of ERP is vital, both because it will drive your strategy and because it will inform your decisions during the system selection project and beyond.