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A new integrated rough multi-criteria decision-making model for enterprise resource planning software selection.
Bing Cao1,2, Yongsheng Jin2, Alptekin Ulutaş3
1School of Economics and Management, Dezhou University, Dezhou, China.
Choosing the right Enterprise Resource Planning (ERP) system is crucial for business success. This study introduces a new method to effectively rank ERP alternatives, identifying SFT-4 as the top choice for businesses.
Area of Science:
- Operations Research
- Information Systems Management
- Business Analytics
Background:
- Enterprise Resource Planning (ERP) systems are vital for enhancing business market power.
- Incorrect ERP selection is a primary cause of implementation failures.
- ERP selection is a complex multi-criteria decision-making (MCDM) problem due to diverse business environments and system options.
Purpose of the Study:
- To propose and validate an integrated MCDM approach for selecting the optimal ERP system.
- To determine the effectiveness of the Rough Best Worst Method (BWM) for criteria weighting and the Rough Integrated Simple Weighted Sum Product (WISP) for ranking ERP alternatives.
Main Methods:
- Utilized the Rough Best Worst Method (BWM) to establish the weights of various selection criteria.
- Employed the newly developed Rough Integrated Simple Weighted Sum Product (WISP) method to rank the evaluated ERP alternatives.
- Conducted sensitivity analysis by comparing the Rough WISP method with existing rough techniques.
Main Results:
- The Rough BWM and Rough WISP integrated method successfully ranked ERP alternatives, identifying SFT-4 as the most suitable option.
- The proposed method demonstrated high usability, accuracy, ease of use, and consistency in the ERP selection process.
- Sensitivity analysis confirmed negligible differences between the Rough WISP method and other established rough techniques.
Conclusions:
- The integrated Rough BWM and Rough WISP approach provides a robust and effective framework for ERP system selection.
- This study offers valuable insights and a practical tool for decision-makers in choosing the best ERP software across different business sectors.
- The developed methodology addresses the complexities inherent in ERP selection, ensuring a more reliable and consistent outcome.
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