Title :
Evaluating and selecting ERP systems by a fuzzy weighted average approach
Author :
Nguyen Phan Anh Huy
Author_Institution :
Fac. of Econ., Univ. of Tech. Educ., Ho Chi Minh City, Vietnam
Abstract :
Enterprise Resource Planning (ERP) is the innovative software solution for many fields in this digital era. Information Technology has changed to the world of business application. An ERP software solution integrate operations, processes and information flows in an enterprise, to manage the resources of an organization such as human, material, money and machine effectively. This study introduces the fuzzy weighted average (FWA) approach to evaluate and select the suitable ERP system in order to help the company to increase many benefits. The combination of qualitative and quantitative criteria is adopted in this method to make right decision when choosing an ERP system. The centroid ranking method is applied to rank all the final fuzzy evaluation values from the provided model. A numerical example is used to test the model. The proposed model can help companies to evaluate ERP systems and select their best systems to support the business.
Keywords :
decision making; enterprise resource planning; fuzzy set theory; ERP software solution; ERP system evaluation; ERP system selection; FWA approach; centroid ranking method; fuzzy weighted average approach; information flows; information technology; Artificial intelligence; Levee; Silicon; Enterprise Resource Planning (ERP); Fuzzy; fuzzy weighted average (FWA);
Conference_Titel :
Information and Communication Technologies (WICT), 2013 Third World Congress on
Conference_Location :
Hanoi
DOI :
10.1109/WICT.2013.7113100