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    MRP and ERP decisions regarding technology

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    One of the problems that MRP, and even ERP, occasionally encounter is the following decision:

    Should we be on the innovative "leading edge" and take a chance on a newly developed technology?

    Or should we rely on a proven technology that already exists and take the risk that consumers might see us as outdated?

    Obviously, marketing and R&D would prefer the "latest and greatest", but manufacturing obviously wants a reliable and proven source.

    Which way do you think you would run your business?

    © BrainMass Inc. brainmass.com October 10, 2019, 5:16 am ad1c9bdddf
    https://brainmass.com/business/feasibility-studies/mrp-erp-decisions-regarding-technology-499519

    Solution Preview

    I would like to adopt a combination of the two approaches. I would like to be innovative, albeit with a caution. I would certainly like to be among the early adopters, if not the first one.

    In today's competitive ...

    Solution Summary

    Discusses selecting an option between developing new technology versus relying on proven technology.

    $2.19