Why Donald Trump Will be able to Stop Outsourcing ?
Donald Trump has positioned himself to be a populist leader. Although in reality, he is an opportunist leader. He has promised his voters that he will stop outsourcing and protect their jobs from cheap foreign labor. Most political pundits did not believe Trump will be able to achieve anything of that sort. After all, even […]
Different Growth Strategies for Firms Aiming to Become Market Leaders
All firms aim to become market leaders and be the dominant player in their chosen niche and space. Towards this, they actualize some strategies aimed at seizing the market and grab market share. However, not all firms succeed, and hence, the so-called “Holy Grail” (the quest for perfection and mastery) eludes most firms. For instance, […]
Pharmacy Benefit Managers: The Root Cause of High Healthcare Prices
Healthcare prices in the United States are much higher than compared to the rest of the world. There are many factors which can be held responsible for this high price. However, one of the most important factors is the presence of unscrupulous middlemen. Pharmacy benefit managers (PBMs) are one such class of middlemen which act […]
Introduction to E-Procurement – Tools, Application and its Benefits
Introduction In layman’s term, e-procurement is nothing but electronic data transfer to support operational, tactical and strategic procurement. E-procurement has been existence for long time in one form or the other earlier it was done through electronic data interchange. In today’s environment, most of the e-procurement is done through the Internet. Traditionally, procurement of supplies […]
What is Correlation Analysis and How is it Performed ?
Correlation analysis is a vital tool in the hands of any Six Sigma team. As the Six Sigma team enters the analyze phase they have access to data from various variables. They now need to synthesize this data and ensure that they are able to find a conclusive relationship. What is Correlation Analysis ? One […]
Enterprise resource planning has been the forefront in providing efficiency and productivity solution to the companies all over the world. In the global and competitive environment, it is essential for companies to have some sort of ERP in place. Enterprise resource planning ensures that deployment of resources take place, and company can monitor them on a real-time basis.
The top 5 ERP Solution providers not in a particular order are Epicor, Infor, Microsoft, Oracle and SAP.
The small business market is dominated by the Microsoft ERP products. Since 2000, the company has acquired a string of companies, which has added to value to its ERP portfolio.
Epicor and Infor both are strong players in the middle market. Epicor is very robust in financial services, hospitality, retail, etc. sectors.
SAP is the world leader in this market because it provides superb accounting solution software, which tightly integrated all major departments throughout the company. Oracle through acquisition of PeoplSoft has emerged a strong force in ERP market.
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Communication Systems and Groupware – Information System Concepts that Apply in All Functional Areas of Business
February 12, 2025
