IEM ERP Vendor Update
Unlock Business Growth with the Right CRM It’s always been difficult to effectively manage parts, production, people and products. And today it’s even harder.The solution – in good times and
May 21, 2021
Unlock Business Growth with the Right CRM It’s always been difficult to effectively manage parts, production, people and products. And today it’s even harder.The solution – in good times and
As the industrial equipment manufacturing (IEM) industry rumbles through the remainder of a challenging 2021, headed for a potentially more successful 2022, it’s important to understand the ongoing evolution of the industry and its enterprise technologies. We asked one of Ultra’s most experienced manufacturing consultants, Dave Lechleitner (DL), what IEM companies need to know to thrive in today’s fast-changing marketplace. Here is an edited version of the conversation.
For manufacturers in virtually every vertical, the capabilities offered by the 4th Industrial Revolution, particularly the Industrial Internet of Things (IIoT), artificial intelligence, automation and connected machines, are enabling greater operational efficiency, higher product quality and improved maintenance processes – and are driving changes to long-established business models.
Changes in the national political landscape inevitably have a significant impact on the business environment. And the Biden Administration, working with the Democratic Party-controlled U.S. Senate and U.S. House of Representatives, already is proposing transformative change to the nation’s economic policy.
For manufacturers in virtually every vertical, the capabilities offered by the 4th Industrial Revolution, particularly the Industrial Internet of Things (IIoT), artificial intelligence, automation and connected machines, are enabling greater operational efficiency, higher product quality and improved maintenance processes – and are driving changes to long-established business models.
We have all heard the stories about the auto industry over the last 5 years. The decline in auto sales greatly depressed ERP aspirations of automotive. But things change. At Ultra Consultants we are seeing an increase in auto industry interest in ERP solutions. The Tier I, II, and III auto suppliers are beginning to look at modern ERP solutions to help improve business processes.