Expert answer:Supporting Innovation Through a Cloud-Based ERPAssignment OverviewCloud-based ERP systems are a recent innovation in SCM. This innovation brings together traditional enterprise systems (including ERP, CRM, TMS, and WMS) and the evolving area of cloud computing. For firms with aging enterprise systems, cloud-based ERP offers a way to rapidly advance their capabilities. In this assignment, you will research and evaluate cloud-based ERP systems.Assignment InstructionsTo complete this assignment, identify and read about cloud-based ERP systems. Then, develop a 4-page paper (cover page and reference page not included) in which you will:Identify and briefly describe three or more major competitors in the cloud-based ERP market. What are the key capabilities that these competitors are focused on? What are the key advantages that these software packages offer firms? Review the application for one system of your choosing. What are the relative strengths and weaknesses of this system compared to its competitors? What types of organizations are best served by this system? How will this application support innovation in organizations that adopt it?Other RequirementsYour paper should meet the following requirements:Written communication: Written communication is free of errors that detract from the overall message.APA formatting: Your paper should be formatted according to current APA style and formatting guidelines.Length: 4 typed and double-spaced pages (cover page and reference page not included)Font and font size: Times New Roman, 12 point.Must have an introduction and conclusion
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