A Hybrid MCDM Approach based on AHP, and TOPSIS to select an ERP system in Bangladesh

Uddin, Mohd. Raihan; Noman, Abdullah Al; Tasnim, Farzana; Nafisa, Nuren; Hossain, Saddam

doi:10.1109/icict4sd50815.2021.9396932

Cited by 8 publications

(2 citation statements)

References 16 publications

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“…Mohd. Raihan Uddi et al [25] utilized the AHP-TOPSIS integrated model based on multi-criteria investigation to select the best ERP systems.…”

Section: Literature Reviewmentioning

confidence: 99%

Designing a MCDM Model for Selection of an Optimal ERP Software in Organization

Thanh

2022

Systems

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Among the growth of the Industrial Revolution 4.0 and moving towards 5.0, the application of science and technology is a decisive factor in catching up with new business trends. In particular, the application of the enterprise resources planning (ERP) towards enterprise management is extremely important. ERP systems help businesses save time and effort in managing projects and utilizing resources. Instead of manual handling, the processes are carried out automatically. At the same time, the system operates correctly and efficiently which avoids errors. In this work, the author explored the application of a fuzzy multicriteria decision making (FMCDM) method including Fuzzy Analytic Hierarchy Process model (FAHP) and the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) model for the evaluation of various ERP software (mainly warehouse and inventory management module). First, the fuzzy AHP model is applied to calculate the weights of criteria, and then, the obtained weights are used in the TOPSIS method for ranking of the alternatives. This study would assist decision makers in an ERP implementation environment in deciding a suitable ERP software for various industries.

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“…Mohd. Raihan Uddi et al [25] utilized the AHP-TOPSIS integrated model based on multi-criteria investigation to select the best ERP systems.…”

Section: Literature Reviewmentioning

confidence: 99%

Designing a MCDM Model for Selection of an Optimal ERP Software in Organization

Thanh

2022

Systems

View full text Add to dashboard Cite

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“…In addition, the positive ideal solution is described as the combined potential of all the best values for each factor. On the other hand, the negative ideal solution is defined as the results of the worst values of each factor (Uddin et al 2021). Among the upsides of the TOPSIS method is that it allows for the entry of an infinite number of factors.…”

Section: Technique For Order Of Preference By Similarity To Ideal Sol...mentioning

confidence: 99%

Business Improvement Strategy for Local ERP Provider Company in Indonesia with SWOT-Fuzzy AHP-TOPSIS Method

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Every company needs to continuously identify strategies to achieve competitive advantage and improve business to survive in intense competition. Nowadays, customer demand is increasingly varied, and the level of competition is getting higher. To digitize their business processes, an increasing number of businesses are utilizing Enterprise Resource Planning (ERP). This need will undoubtedly be a good prospect for ERP provider companies, but not for one of Indonesia's local ERP provider companies, which experienced a decline in sales. This paper was written to define alternative methods for improving the business of a company using a systematic approach that analyzed both internal and external environmental factors. As a method for determining the strategy, this study employed SWOT analysis, Fuzzy AHP (F-AHP), and TOPSIS. Moreover, strengths, weaknesses, opportunities, and threats can be identified and classified from intrinsic and extrinsic factors that have an impact on the company through to this SWOT analysis. The SWOT analysis' findings are mapped using the tows matrix to formulate alternative strategies for improving the company's business. The weight of each SWOT factor is determined using the fuzzy AHP method, and alternative business improvement strategies are prioritized using the TOPSIS method elicited from the weighted SWOT factors outcome. This study yields a high-priority strategy for improving the business of a local Indonesian ERP provider.

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