You are a senior executive in a company that is going to implement an ERP for the first time. You don’t have experience with this kind of project. So what should you be planning and doing, when, and who will be involved? In our series on What is ERP, in Part 1 I explained what ERP is and why it has become such a significant [...]
Today’s business environment brings challenges beyond the traditional line of simple operational, financial and IT risks. Product recalls, compliance violations and missed deliveries have the potential to cause long-term damage to the reputations of manufacturers and distributors. (more…)
It was Robert Shiller, a Yale University Professor of Economics and Nobel laureate who famously said “You cannot wait until a house burns down to buy fire insurance on it. We cannot wait until there are massive dislocations in our society to prepare for the Fourth Industrial Revolution.” (more…)
The world is still reeling from the effects of the COVID-19 pandemic. For most manufacturers, supply chain disruptions highlighted the need for increased connectivity and improved engagement with both suppliers and customers. The impact of those disruptions has also been far-reaching. A good example of this can be seen now as the global automotive industry faces a global chip shortage. In fact, some analysts [...]
Imagine if you toured someone else’s plant that uses much more primitive machinery than your own. I’m sure you would cringe at their manual processes and inefficiencies. You would be compelled to explain that there is a better way. In fact, they might be so used to doing it their way that they don’t even realize what else is possible. (more…)
As a Business Analyst within SYSPRO Product Management, I continuously look at market trends, and engage with our customers within the manufacturing and distribution sectors to really understand the needs of the industry, and how we can support those needs within the product. Now more than ever, as most of the world enters a lockdown of unknown length, it is clear that these sectors need to figure out how to get ahead of the curve and remain ahead of the curve. This will [...]
No two businesses are the same – which means that no two ERP solutions should be either. But what is “mass customization” and how does it affect an ERP? Mass customization is the process of mass-producing and delivering sufficiently generic goods and services which can be configured to satisfy a specific customer’s need. In other words, mass customization is a manufacturing technique that combines the [...]
ERP or rather MRP systems for many years (in SYSPRO’s case, for 40 years!) have enabled Purchasing via requisitions through approval – then purchase orders with more approval – receiving via a GRN process – and finally payment of supplier invoices. This system still works fine and is best loved by administration and micro-managing Procurement Managers. (more…)
Industry 4.0 (deemed the fourth industrial revolution) has brought about rapid change and digital transformation. It has also paved the way for businesses to reap the rewards of successful ERP implementations. With process and data automation, integration, increased efficiencies and many other business benefits, the question is no longer whether to invest in ERP but rather how best to go about it. (more…)
Imagine what it would mean for your business to have real-time actionable insights into key performance information, and the tools for your people to quickly, easily and proactively address them? Driving performance management across an organization can prove extremely challenging, but this needn’t be the case. Historically, the Balance Scorecard has been a popular tool used by many companies seeking this kind of improvement. This [...]
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