Rapidly gaining popularity in recent years, Cloud technology has begun to greatly reshape the manufacturing environment as we know it. Through ERP software that offers Cloud programs such as smart phone and tablet applications, customer and vendor Web portals and real-time production monitoring from anywhere, the Cloud purports to offer manufacturers a new level of accuracy, transparency and control.
Congratulations on the selection of your new ERP software solution! According to Panorama Consulting Services’ 2012 ERP Report, 54 percent of implementations take longer than anticipated and 56 percent cost more than budgeted. While these budget and duration overrun numbers are not an accurate reflection of IQMS’ services, they are still numbers that no one in the ERP industry can be proud of.
In today’s world of business, the word free doesn’t really mean free. It’s a tempting word–free–but it raises hairs on the backs of people’s necks. Nothing is ever free. You know the company with the low cost offer has to make money to stay in business… so where are they making it? You find yourself looking for the hidden costs, the catch that will make you pay in the end.
As any 15-year-old teenage girl can illustrate as she texts her BFF and updates her Facebook page before your desktop computer can even finish booting up, hand-held mobile devices have arrived.
In the realm of demand-driven manufacturing, where you must consistently do more with less, real-time information from the shop floor is imperative to prevent problems, drive quality, and enable the flexibility your customers require. Left unchecked, issues like downtime, poor machine performance, scrap, and overruns can quickly erode your profit. But without an enterprise system that works in unison with real-time shop floor data, these issues can remain hidden and change any seemingly lean progress into nothing more than a mirage.
Recently, your company made the important decision to invest time and money in a new manufacturing ERP system to increase competitiveness and operational efficiency. You’ve been selected to research potential new ERP vendors and whether it is a top priority or something you have to work into your other job responsibilities, due diligence is required to find the best fit in ERP vendors. The success of this new company-wide initiative depends on it.
Domo is a cloud-based executive management platform that is redefining the business intelligence market and transforming the way business is managed.
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