A fit-gap analysis allows an organization to assess how current business processes and workstreams are meeting its business requirements. A fit-gap analysis during the selection phase of a new ERP solution allows an organization to discover which processes are lacking in the current system, but also sheds light on potential gaps between current processes that are working and the proposed software package. As such, a fit-gap analysis is widely recognized as a crucial stage in selecting and successfully implementing a new ERP system.Continue reading "Anytime is the Right Time for Fit-Gap Analysis"
Entries tagged as erp
Selecting the right ERP software solution is crucial to the success and productivity of a business. Often times a search for the right ERP package involves an evaluation period during which various vendors are invited to present how their software offering best fits a business and will accomplish a great return on investment. While the end goal, of course, is to purchase and implement the best software solution, the evaluation period can bring additional benefits to a business along the way.Continue reading "Making The Most Of An Evaluation Period"
Business Intelligence includes collecting and organizing data from your ERP system to make insightful business decisions. These days, every ERP solution collects and stores a massive amount of data, but if that data cannot be accessed by people in intelligent ways, then the power of the information is limited. So how do the decision makers get the information they need? Reports generated from the ERP database present information in a manner that makes the most sense to the business user.Continue reading "Reporting Functionality Is Key To Business Intelligence"
In March 2006, the Advertising Research Foundation released its first definition of the term “customer engagement.” The ARF defined the phrase as “turning on a prospect to a brand idea enhanced by the surrounding context.” Since March 2006, the definition of customer engagement has undergone further refinement. What has also become clear in the past several years is that enterprise mobility plays an important role in customer engagement.Continue reading "How Mobility Can Transform Customer Engagement"
When a small manufacturing business first gets started, the employees are usually tight-knit enough to exchange information “informally” by asking the appropriate knowledge expert. In fact, this type of direct request may be the only method of collecting the information if it is stored differently than your own domain-specific information. For example, accounts receivable may keep information in a set of Excel files, while Sales keeps theirs in a proprietary software program. As an organization grows, the need to be able to view data throughout the business in real-time becomes crucial.Continue reading "Increase Visibility To Maximize the Power of ERP Data"
Enterprise mobility can have a positive effect on every business process. The supply chain is no exception. This realm has long been dominated by a reliance on paper. However, as other departments make the transition to using more mobile devices, so too can manufacturing, warehouses and transportation. Enterprise mobility can make the supply chain more efficient and cost effective through synchronization.Continue reading "Synchronizing the Supply Chain with Mobility"
Merit Solutions and OnShore Technology Group are excited to launch a new monthly Life Sciences Executive Webinar Series titled "Mastering Compliance and Innovation”. This series will identify ways Life Sciences organizations can excel beyond the basics and leverage innovative technologies to achieve continuous improvement and global success.Continue reading "Life Sciences Executive Webinar Series - "Mastering Compliance and Innovation""
There is a reason that cloud computing is the hottest topic in ERP solutions. With the cloud, valuable data becomes available to employees throughout the organization whenever and wherever they are, thereby boosting productivity. With more and more of IT dollars being put toward devices other than PC workstations (think mobile), the computing structure of the organization must be available 24/7/365. The cloud also promises to scale quickly as an organization grows, including the ability to connect distributed employees into a cohesive team.Continue reading "The Value of Hybrid Cloud Solutions"
ERP can be a valuable tool for communication. People throughout the enterprise use common language and understand each other. Money is always related to the financial statements. Backlog is always related to sales orders on the books.
Scheduling is an important part of that communication system because every customer order has a due date. All the material components will be on hand as needed, and the production centers all have capacity to produce the order on time.
At least that is how it should work.Continue reading "Communications, Scheduling, and ERP"
Sales and operations planning is a formal exercise many businesses practice to bring their supplies into balance with demands and best utilize their capital and other resources.
To make it all work, a company’s ERP system must be up to date with all transactions and the information must be accurate. Sales orders and forecasts need to be netted against each other for a true picture of demand. Purchase orders, receiving, materials inventory and work in process inventory also must be very accurate for a comparable view of supplies.Continue reading "How Does ERP Relate to S&OP?"