In an ideal ERP, all data from all types of software modules could well be stored in a single database. It can help a business achieve its long and short-term objectives while also meeting its criteria. ERP that is accessible and adaptable for a business is said to be ideal ERP. There are various ERPs that are acknowledged as ideal ERPs in the local and international market, however they are not in any chronological sequence.
No offense that apparel industry has significant contribution to our national economy while economist says 83% of total export earning of the country came from apparel industry. On the other hand achieving the maximum level of business satisfaction of an apparel industry became more complex due to global competitiveness and continuous trend. According to several studies, lack of digitalization, manual recruitment, sustainability, unskilled workforce, lack of effective production planning, etc with lots of other reasons are figured out as the obstacles for the apparel industry.
Based on the case study, more than 15% customization of an ERP is risky for any organization. To meet the business requirements of any organization it's quite common to customize the ERP sometimes. ERP is already a standard business process in the worldwide global market which can be adapted by any type or any size of organization. It's a platform independent and ready system for multidimensional businesses.
The major reason behind TCO calculation is to measure the upfront cost of long term or indirect expenses of an organization especially in case of implementing the new technologies. Without calculating the TCO there is a high chance of having miscalculations in the organization.