Best of breed
Best of breed is a product or service best in its class. The company may want to obtain best of breed equipment, software, patent. It can give competitive advantage. However, there are also downsides of having best of breed products.
First, the best of breed products are usually expensive. Before making purchase the company should analyze potential cost and benefits. In many cases buying best of breed product won't be as profitable as it looked at first glance.
Second, the best of breed products often are not compatible with older ones. If the company buys new equipment for production line, there can be a problem with compatibility. In case of software, interfaces often don't work as supposed. Before purchase the company should analyze compatibility of the products.
- Light, B., Holland, C. P., & Wills, K. (2001). ERP and best of breed: a comparative analysis. Business Process Management Journal, 7(3), 216-224.
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