As mentioned in our last two blog posts, the internet is filled with articles and websites dedicated to extolling at length on the "benefits of ERP". However, many of them choose to focus purely on the vague surface-level benefits of "costs" and "productivity". What we would like to do is show you some tangible, immediately recognizable advantages that you legitimately desire and need.
So without further ado, here is our third REAL benefit of ERP.
As explained in our previous blog post, we are here to add a little more detail to the usual "benefits of ERP". Instead of the same buzz-phrases and slogans claiming to lower costs and increase productivity (which are legitimate benefits, to be fair), we want to delve into some of the more tangible and relatable benefits of an ERP solution. The kind of specific advantages that you actually want to see in your business.
So, on to our second REAL benefit.
Across the web and through industry channels, you'll likely hear most of the same "benefits of ERP"; lowers costs, increases productivity, customer service improvements, etc. It can become exhausting reading variations of the same talking points over and over again. Now, this isn't to say that these claims aren't true - a new or upgraded ERP solution for your business does provide all these positive benefits for your company. That's why.
Throughout the years after ERP technology became the industry norm, there have been many town criers tolling the bell on this modern enterprise-industry technology. "ERP is over", "Failed ERP's are ruining business", and other such hyperbolic click-bait articles came a dime a dozen. They weren't completely full of it, however; with great power comes great responsibility, and ERP's were responsible for a lot of power in your business - which meant even the slightest mistake or miscalculation or glitch could.
You've probably heard of Nike; the world's largest supplier of athletic apparel (most notably shoes), one of the most adorned brands by top athletes, and headquartered practically next door to us at ECI in Beaverton, OR. However, you may not have heard how Nike became the poster child for failed ERP implementations - and subsequently came out on top.
How to Not Implement ERP
While the rest of the world recognizes Nike for their trademark "swoosh" and high-quality sports related products, the.
If you've been keeping track of tech trends in recent years, chances are you have heard of "Cryptocurrency". Such names like BitCoin and Dash have probably been overheard, and the notion of a digital or internet-based monetary transaction system may have been explained to you. However, a key component of how cryptocurrencies work (and what makes them so attractive) is Blockchain - and that aspect is becoming increasingly valuable to manufacturing supply chains.
Every business requires some sort of accounting and financial software package to function, whether it is the latest full accounting suites provided with ERP packages, spreadsheet programs with custom logic, or an old fashioned paper ledger. Many small to mid-sized businesses typically employ basic accounting packages intended for retail or "mom and pop" operations well past their intended range of functionality. Essentially, as your business grows you must also consider.
PokemonGO took the world by storm in a very short amount of time this year; with cute graphics and simple gameplay, the Augmented Reality (AR) smartphone-game encouraged users to go out into the world to capture tiny fictional creatures that became popular in the 90's and have retained relevancy.
Analytics are a huge part of business processes in todays manufacturing landscape, and IoT (Internet of Things) is starting to be found in almost all industries. However, some organizations are still unsure or have no idea how these futuristic tools and practices can improve their business processes. Here's an explanation.
Analytics and IoT:
a Manufacturing Marriage
If you don't already know, IoT refers to the Internet of Things, wherein physical devices, machinery,.
Infor has written an excellent blog regarding the future of digitalization in the manufacturing industry. From building the right strategy at the beginning to keeping your team informed and on task, digitalizing your manufacturing organization is an intricate task that requires careful consideration.
Most worthy of note, this blog highlights that: