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Selection of ERP Software Combining EWM and VIKOR Methods

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DOI: 10.23977/acccm.2021.030113 | Downloads: 12 | Views: 811

Author(s)

Jih-Kuang Chen 1

Affiliation(s)

1 Economics & Management College, Zhaoqing University, Zhaoqing, 526061, China

Corresponding Author

Jih-Kuang Chen

ABSTRACT

Enterprise Resource Planning (ERP) provides the optimal solution for information integration for enterprises, but the evaluation and selection of ERP software is closely related to the success of a project. Many previous studies have adopted Analytic Hierarchy Process (AHP) and Ideal Point Method (TOPSIS) for the evaluation and selection of ERP software suppliers, but the former has the disadvantage of being subjective and one-sided, while the latter can not reflect the lack of actual proximity between the solution and the positive and negative ideal solution. Accordingly, this study combines Entropy Weight Method (EWM) and VIKOR method as the evaluation choice of ERP software, because EWM is able to determine the weight of each index objectively, while the VIKOR method can effectively deal with the fuzziness and uncertainty of people's evaluation and decision-making process, so that a more ideal decision can be obtained.

KEYWORDS

ERP, EWM, VIKOR

CITE THIS PAPER

Jih-Kuang Chen, Selection of ERP Software Combining EWM and VIKOR Methods. Accounting and Corporate Management (2021) 3: 83-90. DOI: http://dx.doi.org/10.23977/acccm.2021.030113.

REFERENCES

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