Enterprise Resource Planning (ERP) implementation is certainly not for the Data Source faint of heart. But neither is it the scary ordeal that many describe it as, In November 2018, Mint nor is it doomed to fail.
Written by the consultants who run these selections, not by a software vendor.
[ From the guide ]
January 2019
BUSTING THE MYTH OF FAILURE, BUT ARE YOU OVERRATING YOUR SUCCESS?
Enterprise Resource Planning (ERP) implementation is certainly not for the Data Source faint of heart. But neither is it the scary ordeal that many describe it as, In November 2018, Mint nor is it doomed to fail. While disasters provide good fodder for Jutras conducted a sensationalized headlines, failure rates are generally overstated. A recent survey of 315 Mint Jutras study of ERP implementation success by manufacturers and manufacturers and distributors found 67% rate their implementations as successful or very distributors, focusing on successful. While 31% only achieved partial success, a scant 2% said they the success of their ERP implementations in were "not very successful" and only one out of the 315 surveyed described terms of schedule, cost their implementation as a failure. and return on And yet, while many are meeting expectations in terms of schedule, investment (ROI). budget and return on investment (ROI), we need to step back and Responses were question whether these expectations are set high enough. Based on collected from benefits actually realized, Mint Jutras feels many are over-rating their companies ranging in success and leaving additional attainable returns on the table. In our size from $25 million to view, an ERP implementation should never be viewed as done and the ROI multi-billion dollars in should be sustainable. annual revenues, and from quite new Here we explore the pace, the goals, the challenges, and the perceived implementations, as well success of ERP implementations. Where are the benefits are coming as those that are more from? If you are in the midst of an evaluation, what should you expect? mature. What should you do to maximize your investment? If you are not This survey and study evaluating next steps, maybe you should be. What more could you be was commissioned by getting out of your investment? Is it time for a major overhaul or even a Ultra Consultants, an new solution? Today's fast-paced, global digital economy leaves no room independent research for complacency. and enterprise software consulting firm serving