Business Finance
Product and Technology Management

MGMT415

American InterContinental University

Question Description

Consider the following scenario:

As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firm's materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs.

Use the Internet, course materials and web resources to research the pros and cons of six software systems designed to perform these functions. Then, write a 5 - 7 page Software Recommendations Report that you will submit to the chief executive.

In the report, be sure to justify your recommendations by analyzing the pros and cons of each of the six software systems you evaluated.

You will need to include information such as cost, compatibility with current systems and work flow processes, functionality, ease of use, and end user support.

Individual Project Rubric

Grading Criteria

Percentage

Deliverable requirements addressed; understanding of material and writer's message and intent are clear.

35%

Scholarly research which supports writer's position properly acknowledged and cited direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluded title page, abstract or table of contents if used, tables, exhibits, appendices, and reference page(s). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.

20%

Critical thinking: Position is well-justified; logical flow; examples provided where appropriate.

20%

Structure: Includes introduction and conclusion; proper paragraph format; reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable.

10%

Mechanical: No spelling, grammatical, or punctuation errors.

10%

APA: Deliverable is cited properly according to the APA Publication Manual (6th ed.).

5%

Please submit your assignment.

Submitting your assignment in APA format means, at a minimum, you will need the following:

  • Title page: Remember the running head and title in all capital letters.
  • Abstract: This is a summary of your paper, not an introduction. Begin writing in third-person voice.
  • Body: The body of your paper begins on the page following the title page and abstract page, and it must be double-spaced between paragraphs. The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 3–4 pages. In-text academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
  • Reference page: References that align with your in-text academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lower-case usage as appropriate for the type of resource used. Remember, the reference page is not a bibliography, but it is a further listing of the abbreviated in-text citations used in the paper. Every referenced item must have a corresponding in-text citation.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Final Answer

Attached.

Running Head: PRODUCT AND TECHNOLOGY MANAGEMENT

Product and Technology Management
Name:
Institutional Affiliation:
Date

1

PRODUCT AND TECHNOLOGY MANAGEMENT
The management process entails all the facets necessary to control operations through
strategizing, planning, coordination, and organization of company resources and entirely deliver
set objectives in a given timeline. In the overall management process, resources like human,
capital, and software are essential to catalyze production processes in yielding real-time results.
In modern manufacturing era, production companies like PPQ Parts manufacturing require up to
date software to streamline their materials requirements planning (MRP), capacity requirement
planning (CRP), and enterprise resource planning (ERP) wants. Investments in software goes a
long way and maybe capital intensive but are necessary for enabling and maintaining consistent
growth and development of manufacturing companies.
Materials requirement planning software harmonizes planning, schedules, and control of
a company's inventory system. Enterprise resource planning helps an organization have the realtime management of its resources such as cash flow, inputs, and production output levels.
Capacity requirement planning helps a company determine its output with available resources.
This work details SAP, NetSuite, Fishbowl, ECi M1, Macola, and Epicor as suitable MRP, CRP,
and ERP software vital to production processes in PPQ manufacturing company.
Material requirement planning software enables a company manages its inventory stock
through creating a balance between its dependent and independent demand. Optimization of
MRP leads to a free-flowing purchasing, manufacturing plan, and efficient delivery process. PPQ
require real-time applications to monitor its production, processing, and quality control
efficiently.
SAP Business has over 16000 customers and 320000 users. Designed to serve all needs
of a business, SAP optimally integrates customer, supplier, human resource, project, and

2

PRODUCT AND TECHNOLOGY MANAGEMENT
financial management. The main reason why SAP receives vast consideration by most customers
is its nature to provide a quick summary of a company's financial position. SAP allows managers
have a picture of their cash and liquid assets for profitable investments in available multiple
operational units. SAP also links every department facilitating quick response and feedback in a
company setting. This software entirely fit young companies thus mid-sized entities easily track
down their performance at a relatively...

benwamonicah (20353)
Boston College

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