• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Ultra Consultants

OUR INDEPENDENT ERP CONSULTANTS DELIVER 100% CLIENT SATISFACTION

  • Services
    • Back
      • Business Process Improvement
        • Business Process Reengineering
        • Business Process Analysis
        • Business Process Documentation
        • Business Process Mapping
        • Business Process Review
      • Enterprise Software Selection
        • ERP Selection
        • ERP RFP (Request for Proposal)
        • ERP RFP Preparation
        • ERP Readiness Assessment
        • ERP Selection Criteria
        • ERP Requirements Definition
      • Enterprise Software Implementation
        • ERP Implementation Plan Creation
        • ERP Data Conversion
        • ERP Reports
        • ERP Implementation
      • Industry Compliance Services
      • Business Process Transformation
      • Organizational Change Management
      • Enterprise Project Management
      • Get your roadmap for business process improvement
  • Industries & Clients
    • Back
      • Aerospace & Defense
      • Automotive
      • Chemical
      • Consumer Goods
      • Distribution
      • Electronic & Equipment
      • Food & Beverage
      • Industrial Equipment
      • Medical Devices & Products
      • Metal Fabrication
      • Pharmaceutical
      • Plastics
      • Read about driving ROI in your ERP project
  • Software & Vendors
    • Back
      • ERP
        • Discrete Manufacturing ERP Software
        • Process Manufacturing ERP Software
        • Distribution ERP Software
      • ERP Software for Sales and Marketing
        • CRM Software
        • Marketing Automation Software
        • eCommerce Solutions
      • Supply Chain Management Software
        • Demand Management Software
        • Transportation Management Software
        • Advanced Planning & DRP Software
        • Finite Scheduling Software
      • Product Lifecycle Management (PLM)
      • Warehouse Management Software
      • Manufacturing Execution System Software Vendors
      • Field Service Management Software Vendors
      • Learn about software selection decision drivers
  • Education
    • Back
      • Resources
        • Events & Webinars
        • White Papers
        • ERP Case Studies
      • Media
        • On-Demand Webinars
        • ERP Podcast
        • ERP Videos
      • Take Your Free ERP Health Check
  • Company
    • Back
      • About Ultra
        • Our Team
        • History
        • Awards
        • Careers
        • Independent ERP Consultants
      • News
        • ERP Media Coverage
        • Press Releases
        • ERP Newsletter
      • Read about choosing an independent consultant.
  • ERP Blog
  • Contact Us
    • Back
Home / ERP Blog 01.07.19 / Project Management / ERP in 2019: Despite Cyclical Industry Risks, It Pays to Drive Business Process Improvement
01.07.19

ERP in 2019: Despite Cyclical Industry Risks, It Pays to Drive Business Process Improvement

Assessment CenterThinking ERP in 2019? Many of the manufacturing and distribution teams we speak with are in the process of prioritizing their strategic plans. And many of these enterprises are considering the timing of an enterprise technology project.

Regular readers know that Ultra’s team puts an emphasis on sharing the latest in economic activity through our series of informative economic update blog posts.

When looking ahead to ERP in 2019, planning efforts must take into the consideration market activities and expected industry performance.

2019 Market Forces

Analysis from Advanced Manufacturing entitled “U.S. Economic  Momentum Poised to Cool in 2019” notes that the impacts of increased protectionism and the trade war against China will weigh on business activity. The uncertainty it creates will also influence business investment growth.

Elsewhere on the trade front, the United States-Mexico-Canada Agreement (USMCA) will replace and modernize NAFTA. While politicians on all sides tout a hard-fought victory, the economics remain little changed.

Labor markets are also impacted amid increasing tightness in the labor market and rising inflation.

So in short, several risks cloud the 2019 outlook — trade protectionism, emerging market turmoil, volatile asset prices, and elevated oil prices.

Thinking Business Process Improvement? Stay the Course

When it comes to enterprise technology projects, a robust, modern ERP system is not a “nice-to-have” – it is a requirement to effectively run a business.

Despite the projections for a cooling of economic momentum in 2019, Investing in modern ERP systems to drive business process improvement pays off.

Ultra’s Independent ERP consultant team guides companies to realize that technology streamlines business processes and provides insight into operations, inventory, supply chain, and external market demand.

Many ERP systems automate serial and lot tracking and traceability, as well as swift product recall processes, saving the company time and money. Further, an ERP provides improved control over components inventory, more accurate demand-planning, streamlined production scheduling, and more effective coordination of distribution channels, which enable companies to improve on-time delivery of products, a critical performance metric for today’s manufacturers.

New Year, New Goals

View On Demand Webinar for Insight

View Now

On Demand Webinar

If your team is evaluating an ERP selection project, these topics and many others are explored in an on demand educational webinar session.

Ultra’s Andrew Bolivar, Director of the Center of Excellence, hosts the webinar entitled New Year, New Goals: Increase ROI  in Your ERP Project available for on demand viewing.

This one-hour educational webinar helps you develop confidence that your project will deliver your Return on Investment (ROI) expectations and position your business for long-term success – even in the face of volatile market conditions.

Andrew Bolivar shares an example of why and how to create an effective Business Case for Change to ensure your ERP investment is a well-defined, budgeted, and expectations are clear.

In addition, you’ll understand the main areas of where you can realize ROI: inventory management, supply chain management, product development, and many more.

Finally, to drive business process improvement, see the investments to make in people, processes and both IT and plant-level technology.

The session is of value to C-level leaders at manufacturing, distribution companies, IT directors, Operations Directors, Operations Managers and anyone responsible for overall business process improvement.

ERP in 2019: Next Steps

Looking ahead when it comes to ERP in 2019? Check out these resources:

  • View an educational webinar to optimize the ROI of your ERP project.
  • Gaining knowledge is key when heading into a major enterprise technology selection project.  Check out ERP Education resources to expand your horizons.
  • Please Contact Ultra for a look at the most effective path forward in the New Year.
Tweet
Share
Share

Categories: Project Management Tags: Business Process Improvement, ERP Budgets, erp planning

Related Articles

  • 04.02.167 Criteria to Consider When Selecting Your ERP Consultant

    7 Criteria to Consider When Selecting Your ERP Consultant

    Posted in: Project Management
  • 05.19.15Apax and The Exact Software Buyout: Will It Happen?

    Continued: Project Management Process Group, “The Closing Group”

    Posted in: Project Management
  • 07.26.18

    Seeking Smart Use of ERP? It’s All in the Planning

    Posted in: Project Management

Reader Interactions

Leave a Comment Cancel

sidebar

Blog Sidebar

Let's talk about
improving your
processes >>

Read an ERP success story >>

View white
paper library >>

Subscribe to the Ultra ERP Blog

Insight right into your in-box! Enter your email address for email notifications of new posts and be "in the know."

By filling out this form, I acknowledge that I have read, consent to, and agree to be bound by, the terms of Ultra's Privacy Policy, and that I am subscribing to Ultra's ERP Newsletter.

As an independent consultancy, Ultra does not endorse vendors participating in educational content.

Categories

  • Careers
  • Continuous Improvement
  • ERP Best Practices
  • ERP Software Vendors
  • ERP Success Stories
  • News and Events
  • Project Management
  • Stories from the Field
  • Supply Chain Management
  • Technology Evaluation
  • The ERP Industry
  • Uncategorized

Stay Connected

Stay informed about ERP evaluation, selection and
implementation. Subscribe to Ultra's eNewsletter.

Social Media

FacebookTwitterYoutubeLinkedin

312-319-1411 | Copyright © 2020 Ultra Corporation | All Rights Reserved | Sitemap |

Website by Web Savvy Marketing