Question: TechGear Manufacturing, a mid - sized company specializing in electronic components, has experienced rapid growth over the past five years. To improve efficiency and streamline

TechGear Manufacturing, a mid-sized company specializing in electronic components, has experienced rapid growth over the past five years. To improve efficiency and streamline operations, TechGear has decided to implement an Enterprise Resource Planning (ERP)system. The organizations goals include integrating core functions such as finance, supply chain management, human resources, and customer relationship management into a single platform. TechGear faces challenges typical to a growing company: siloed data, outdated software, and inconsistent processes across departments. For example: Finance experiences delays in financial reporting due to fragmented data from various departments. Supply Chain Management struggles with inventory management and procurement, leading to frequent stock-outs and overstock situations. Human Resources finds it difficult to manage employee data and payroll efficiently. Customer Service cannot access a consolidated view of customer interactions, which affects their ability to deliver personalized service. Recognizing these inefficiencies, TechGears leadership seeks to integrate its operations through ERP, envisioning improved data consistency, streamlined processes, and better decision-making across departments. After a thorough evaluation, TechGear narrowed down its options to SAP and Microsoft Dynamics 365.While both platforms offer robust ERP capabilities, the company eventually selects Microsoft Dynamics 365due to its seamless integration with other Microsoft products already in use and its flexibility for a mid-sized enterprise.
1. What are the core challenges TechGear faced that led to the decision to implement an ERP system?
2.Discuss the criteria that TechGear used to select Microsoft Dynamics 365over other ERP vendors like SAP.
3.Explain the role of different ERP modules (Finance,SCM,HRM,CRM)in addressing TechGears operational needs.
4.What steps in the implementation plan are most critical to ensure the success of an ERP system? Why?
5.Identify and evaluate at least two benefits TechGear gained from the ERP implementation. How do these benefits support their business objectives?
6.What are some of the potential risks associated with ERP implementation, and how did TechGear mitigate these risks?

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