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.
ERP systems provide the backbone for operational excellence, and improve medical device manufacturers’ competitive advantage with powerful capabilities to become more customer-centric and deliver greater value. Learn the six key capabilities medical device manufacturers should look for in ERP systems to support shifting business models and requirements.
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.
It’s common to believe that implementing a new solution will fix supply chain issues. But new software alone isn’t the answer – especially now. While few businesses came through the pandemic unscathed, some fared better. We can learn from their success and use that knowledge to create supply chains that stand up to the harshest economic conditions.
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?
For manufacturers, the COVID-19 pandemic brought unprecedented supply and demand chain upheaval. How successful were “textbook” best practices in mitigating and managing the new normal? Did they provide the required resilience? And now, with the worst of the pandemic behind us, what practices should be put in place to provide the flexibility needed to accommodate shifting manufacturing strategies?
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.