Sometimes companies are closed to the idea of implementing an ERP or upgrading their ERP. This is often due to a past bad experience attempting to leverage digital innovation, or the headlines around failed ERP implementations. In some cases, companies fear losing historical company data or disrupting business process for a significant time frame while implementing the new ERP system. There are often misconceptions that the risk is too high leaving companies with legacy technology that is slow and outdated. However, it is crucial for companies to harness the latest ERP systems for massive operational benefits and a competitive edge in [...]

Enterprise Resource Planning or ERP software is used by companies to oversee information management across the entire organization. A cloud ERP, refers to an ERP software and its component tools that are offered and managed on the cloud and not on the business premises. Regardless of the size or nature of your business all industry players require a competitive edge. Focusing their time and energy on business growth instead of managing IT infrastructure is critical for manufacturing industries. Tools that can help them scale and grow quickly with the help of advanced globally-connected and continuously updated systems can help in [...]

In part 1 of this blog series, we detailed 6 steps essential to a successful ERP implementation. This blog continues where we left off, with more guidance on your ERP implementation. ERP systems are critical to modern manufacturers, particularly due to the disruption caused by the COVID-19 pandemic. Although an ERP system can streamline and optimize operations across an enterprise, there are many challenges along the way as implementation can be complex. Research by Gartner indicates that over 75% of ERP implementations fail. This amounts to a massive loss of time and money. So it’s important to follow best practices [...]

ERP solutions that can streamline complex supply chains, optimize inventory management and automate management of operations are vital to manufacturers. Strategies for personalized and extended ERP systems that meet each industry player’s unique requirements are increasing with each passing day. It is no surprise that the ERP market remains in a phase of rapid expansion, with a total market size expected to exceed $49.5 billion by 2024. The problems faced by manufacturers are becoming increasingly complex and urgent in nature, particularly due to the disruption of the COVID-19pandemic. This necessitates adopting an ERP to handle this complexity. However, implementing an [...]

Photo courtesy of Pixabay IoT has become a buzzword in recent years. It stands for the Internet of Things. Despite the hype, many predictions have only proven fanciful. In truth, there are several potential applications. However, IoT has been a runaway success at complementing the functionality of business management software. It has also radically altered the entire approach of many companies doing business. Several studies shows a distinct lack of integration between IoT and ERP (Enterprise Resource Planning) systems. This has a net negative impact on the readiness of companies to implement digital transformation. Only 16 percent of companies use [...]

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