Executives are struggling to keep up with inflationary raw material prices, elevated customer requirements, margin pressures, and the lack of people to fulfill key roles. Thus, they are looking to their ERP system and related supply chain technologies for answers.
ERP and related technologies should only be a priority if you want to grow and succeed for decades to come. If not, it will be the same as if you said you wanted to stick with the horse and buggy instead of leaping into a Ford.
ChatGPT and generative artificial intelligence have rapidly moved into the spotlight, sparking both excitement and concern across manufacturing and supply chain organizations. Leaders are asking a practical question: is this technology a game changer or a risk? While AI offers the potential to streamline processes, enhance decision-making, and improve [...]
CLAREMONT, Calif., April 3, 2024/ExpertClick/—The key to positive artificial intelligence (AI) integration is to explore opportunities and understand where this technology can best be used, according to The Society for the Advancement of Consulting® (SAC). Organizations that start the process now will gain a clear advantage of scale, having [...]
There might not be a need. Since it is one of the largest expenses your company will undertake, and, more importantly, it will impact customer performance and profitability (positively or negatively), there is no reason to jump into the deep end of the pool before understanding the value to your growth and success.
It depends. Being the first to upgrade for each new fad is a waste of resources for little, if any, benefit. On the other hand, if the upgrade supports your ability to serve customers and grow profitably, it will become a "must".
Lisa Anderson was quoted in SelectHub on what will be important in ERP circles in the year ahead. Read about the importance of business intelligence and ERP. "Clients have realized they need to be able to slice and dice data to quickly assess changing conditions, make directionally correct decisions rapidly to keep demand and supply aligned and get a quick [...]
The Voice of ERP’s host Sam Gupta interviews guests who will share their stories of successes and challenges with their ERP systems. Lisa Anderson and Sam Gupta talked through several ERP stories and provided strategies for success in using ERP systems successfully.
Can You More Fully Utilize Your ERP System? Undoubtedly, yes. ERP has always been a core specialty of LMA Consulting, and we have worked with every single client on selecting, utilizing, and upgrading ERP capabilities. In our experience, 100% of clients can more fully utilize their ERP system. Why [...]
Manufacturers utilize less than 20% of the full functionality of their ERP systems. But the key question is, why does it matter? In today’s inflationary and supply chain disrupted business environment, manufacturers need to automate and digitize to ‘do more with less’ and thrive during these volatile times. One important way to achieve this goal is to further leverage your ERP system where it will make a difference.
