Enterprise Resource Planning (ERP) software is one of the more important upgrades ever in business software. It allowed companies to put their entire company under one umbrella, with one program that gave visibility to the entire organization.
There is no getting around the fact that cloud services are catching on as a proven delivery model in business management applications, such as Enterprise Resouce Planning (ERP). Spanning small companies to large, IDC sees cloud services delivery significantly outpacing traditional software product delivery over the next five years, with private cloud growing nearly five times faster than the software market as a whole, becoming a significant growth driver in all functional software markets.
Successful companies are often filled with an excitement and energy that can fuel continued expansion. However, if a comprehensive system to manage the internal processes and procedures that serve as companies’ foundations are not in place, growth can become unwieldy.
No doubt the processes and systems that help you manage your business are constantly evolving and becoming more complex as you work to carve out your market niche. Some of your workflows are manual, some paper-based, some digital, some automated.
Today’s manufacturers are looking for ERP solutions that improve operations, cutcosts, and help improve product quality. These enterprises want to move “beyond the hype” and away from the empty promises of many ERP vendors in the marketplace.
In this turbulent market, leading industry analysts suggest that manufacturers stabilize their respective businesses, protecting them from excessive risk and ensuring that the enterprise has the liquidity necessary to weather the crisis.
Manufacturing in the U.S. is getting tougher all the time and the pressure is unrelenting. To remain competitive, you must continually cut costs, increase productivity and improve quality, while at the same time offering better service, faster delivery and lower prices.
When comparing ERP systems, functionality should be considered against the backdrop of the entire package – its technology and its vendor. Only by doing so can manufacturers ensure they make a right and lasting choice.
More often than not, companies that implement an ERP system and have trouble achieving rapid return on investment (ROI) may labor under this misconception, or at the very least may underestimate their own role in successful implementation and operation of their new enterprise software environment.
Today’s manufacturing enterprise is challenged by rising material costs, increasing competition, and ever-changing customer requirements. If a manufacturer’s Enterprise Resource Planning (ERP) solution is not up to par, these companies are faced with dizzying levels of complexity, duplication of effort, and in the worse cases, poor quality and customer service. This paper describes the warning signs that an ERP system is killing a business, and suggests how companies can thrive with a new approach to business systems.