The primary function of an ERP solution is to help your organization efficiently and effectively execute core business processes. And when you concentrate on streamlining and integrating your processes, you virtually ensure that you will realize improved productivity, accelerated workflows and lower operational costs – benefits that drive higher business performance.
ERP Best Practices
A modern ERP solution can enable extraordinary new efficiencies, provide valuable new capabilities, deliver critical insight and, ultimately, supercharge your organization. But it is one of the most complex, time-consuming and high-risk projects your organization will ever undertake. And it’s easy to make mistakes – like these 15 – that will result in failure.
Food companies turned to technology in 2021 to enable pandemic pivots, streamline operations, address supply chain issues, expand and diversify their roster of suppliers. The manufacturers and distributors that did not make changes continued to struggle. And this will be the case for 2022 as well, as demand, especially in e-commerce, is expected to increase.
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).
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?
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?