Enterprise resource planning systems have become an essential part of electronics manufacturers’ operations—as a way of optimizing a company’s business operations, enhancing efficiency and helping their organization maintain a competitive advantage. ERP systems have revolutionized how businesses manage resources, streamline manufacturing processes and make informed decisions.
The manufacturing and distribution industries are experiencing rapid advancements in technology, led by organizations who are embracing these changes as a way to maintain their competitive advantage and provide more value to their customers. Digital transformation brings about many benefits to companies in the manufacturing and distribution sectors that help future-proof their businesses.
We are currently living in an environmentally conscious business era. People now prefer to obtain goods and services from a so-called “sustainable business” — an organization that uses environmentally friendly methods in production. This demand has made stakeholders begin pushing their businesses to adopt sustainable practices throughout their operations. Manufacturing and distribution businesses are now turning to enterprise resource planning (ERP) systems as a solution for building sustainability by achieving a balance between economic viability and environmental responsibility.
Your organization has selected a new enterprise resource planning (ERP) software, and plans are in place to start the implementation process. The ERP implementation process is complex with many different parties working together, and any slight misstep can result in the project failing. During implementation, your organization collaborates with your ERP vendor and an implementation partner to configure the system to meet your specific business needs and business functions, migrate data from the old to the new system and train employees on how to effectively use the new ERP system.
Digital transformation is a major driver for success in manufacturing and distribution organizations. While digital transformation is integrating new digital technologies into your operations, changing the foundation of how things are done, you cannot completely tell the benefit of your digital transformation initiatives without measuring their impact and determining whether they are achieving the set objectives.
For organizations that want to streamline business processes and increase the efficiency of their business processes, enterprise resource planning (ERP) systems are essential tools. But, without a proper ERP implementation process, your organization will not enjoy the full benefits that ERP systems offer. From research, about 75% of ERP implementations fail to achieve their objectives because of various factors. An ERP implementation is an expensive undertaking, and a failed implementation process can cause your organization to lose valuable time and money. Using the right ERP implementation guide is one way to avoid ERP implementation project failure.
