The main goal of this project is to understand and evaluate how small and medium enterprises (SMEs) in India select ERP (Enterprise Resource Planning) systems. The project aims to identify the key factors that influence ERP selection, the steps involved in the decision-making process, and the challenges that SMEs typically face during the evaluation and implementation of ERP solutions.
Analyze the ERP selection process followed by Indian SMEs Identify the critical selection criteria such as cost, customization, support, and scalability Understand the challenges in ERP implementation for resource-constrained SMEs Suggest best practices for smoother ERP adoption SMEs often struggle with selecting the right ERP system due to limited budgets, technical knowledge, and vendor confusion. This project solves the problem by guiding students to explore ERP decision-making frameworks and recommending strategies to improve ERP selection for SMEs.
A clear understanding of the ERP selection lifecycle A list of common mistakes SMEs make during ERP selection A comparative view of available ERP tools suitable for small businesses Recommendations that could help SMEs make better ERP decisions
Conduct Primary and Secondary Research Study existing ERP systems (Tally ERP, SAP B1, Odoo, Zoho, etc.) Explore journal articles, research papers, ERP case studies in India
Define the ERP Selection Process Identify and describe each stage of ERP selection in SMEs (need analysis, vendor research, demo, pricing, etc.)
Identify Key Selection Criteria Cost, scalability, ease of use, cloud vs. on-premise, vendor support, industry relevance, etc.
Analyze Challenges in ERP Selection Budget issues, lack of ERP awareness, resistance to change, poor implementation, etc.
Develop Case Scenarios (Optional) Hypothetical SME case or examples to show how ERP selection works in the real world
Present Findings and Suggestions List of best practices for ERP selection Recommended checklist or step-by-step ERP selection model for SMEs
Prepare the Final Report Compile all research and findings into a structured 15–20 page project report (Optional) Create a Presentation & Viva Notes PowerPoint slides summarizing the project 10 viva questions and answers for easy presentation
