To be managed effectively, achieve client goals and deliver value, ERP projects require structure. At Ultra, this framework is provided by our methodology. To show how we apply this proven step-by-step process and how each phase informs the one that comes next, this blog takes us inside Micro Control Company’s recent ERP project, starting with business process improvement (BPI).
ERP Best Practices
What strategies can be used to accelerate the ERP software selection timeline? Skipping the long list of vendors and going straight to the short list. Leveraging standard requirements lists. Using cross-functional teams to simplify requirements gathering. But will these shortcuts make it more difficult to choose right solution for your organization and processes? And will they potentially be a big mistake in the long term?
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.
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.
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?
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.