Buy a software package_Act. No.1a (SE)

Manny’s Manufacturing must decide whether to build or buy a software package to keep track of its inventory. Manny’s computer experts estimate that it will cost 325M dollars to buy the necessary programs. To build the programs in-house, programmers will cost 5,000 dollars each per month. What factors should Manny consider in making his decision? When is it better to build? To buy?

Well as far as I understand in Manny’s dilemma, it would be great if he will buy the software. Lets just say that it cost more compare to the program to be built in-house, but how long would it take completing the program??. Building an in-house program would consume a big span of time. In the end, buying or building it would be of equal amount I guess.

The only different of the two is that buying the software would mean lending so much money quickly but the advantage of it is that Manny would easily use the inventory system for his company. That would give Manny the assurance of his company’s items. While building the program in-house would cause him so much time waiting for it to be completed which would waste his time were in fact, the cost is the same.

In the business world, you need to be business minded person. You should also consider the benefits it would bring into your company in spite of the cost. Manny should not only consider the money but the persons who are working on his company. He should offer the best and most effective way for them to have a result that is worth satisfying.

Nowadays, as we observe in all aspect of life especially when it comes to business you should be competitive. Big business should have an edge in everything they are doing or producing. Why not Manny start it first inside his company? That would be a better idea.