Your old technology can be the reason you lose customers or fail to maximize their lifetime value. And it may hurt your ability to hire and retain top talent. What is the definition of a “legacy” ERP system? What are the problems that come with using yesterday’s software to manage today’s enterprises? What are the shortcomings of old software? Get the answers, and learn more by viewing the full webinar on-demand.
Chicago Tube & Iron was at a technology dead-end: Its 30-year-old, Unix-based operations management system was heavily customized and difficult to maintain and update. While it served the distribution and fabrication company well for many years through changing business models, it was (past) time for an ERP upgrade. But COVID pandemic restrictions and complex customizations presented challenges.
Successful, goal-achieving ERP projects require structure. At Ultra, this framework is provided by our methodology. To show it in action – and reveal why it’s critical to success – we are going to follow a single ERP project for a client: R&L Spring Company. Along the way, we’ll share the project’s real-life challenges (and solutions) and provide an insider’s view of a business transformation.
To accelerate core processes, maximize efficiency and have an up-to-the-minute view of operations, distributors need the right ERP solution – one that meets the unique needs of the industry and their organization. What is the best ERP software for your company? Get the detailed knowledge you need to make an informed and intelligent choice when you read the 2021 ERP Vendor Update: Distribution.
Are you confident that your team can select the enterprise solution that is best-suited to your organization and industry? Is your company able to objectively evaluate the software options? Is your organization prepared to navigate the complex (and competitive) vendor landscape? Ensure that you consider all the key factors – and make the right choice – with this checklist and these important questions.
For distributors, metrics can point the way to profits. Up-to-the-minute, detailed and accurate key performance indicators (KPIs) – driven by data provided by your ERP solution – can tell you which processes are working well, which are broken, which can be improved and which offer the greatest opportunity to improve your bottom line.
The procure-to-pay (P2P) process offers exceptional opportunities for optimization and integration. Many forward-looking organizations are eager to achieve new efficiencies, and are looking closely at P2P software solutions to centralize and automate the purchasing and inventory processes. But success requires some up-front work. Is your organization ready?
Many distributors struggled in the COVID-19 pandemic. But that is old news. What’s interesting – and important – now is to look at how distributors reacted and adapted to a suddenly (and fundamentally) changed business environment, determine the lessons learned from the unprecedented disruption, and identify the changes required to be ready for the (inevitable) disruptions to come.
The ERP software you choose will affect the way you conduct business for years to come, and it will impact virtually every business function. It’s a significant investment, too. So it’s critical to find a solution suited to your industry and your company’s unique needs. Whether or not you manufacture industrial equipment, you’ll learn how to choose the right ERP solution for your organization in this excerpt from a recent webinar.
In today’s new now, it’s important for distributors to do everything they can to shave costs, increase revenue and boost profitability. The question – and challenge – is identifying the processes and functions where efficiencies, pennies and a tenth of a percentage point in margin improvement can be found. The right metrics will make the answer clear.