In business, the mantra used to be the big fish eats the small fish. But, with the rate of change accelerating worldwide, the mantra has become: the fast fish eats the slow fish. Speed is everything. The ability to recognize business disruption, pivot quickly and turn that disruption into a competitive advantage is crucial. Nowhere is this truer than a manufacturer’s business processes.
Companies that use monolithic and rigid software, especially when it is used by the entire company, can struggle to react quickly enough. With so much rapid change already happening today, enterprise software, like Enterprise Resource Planning (ERP), Demand and Supply Chain Planning (DSCP), Customer Relationship Management (CRM) and Quality Management Systems (QMS) must be agile and pass that agility on to the companies that employ it.
Manufacturers should fully understand the following five areas where adaptive ERP can boost business performance compared to legacy enterprise systems.
Simplified Advanced Tech
In an era of constant disruption, manufacturers need a solution that enables the quick adoption of new technologies like IoT, machine learning, artificial intelligence, RPA, data lakes, digital twins – and others that aren’t even on the radar yet. A Forbes 2018 article highlighting research from Scott D. Anthony “confirms that indeed, for leaders to thrive in today’s constantly disruptive way of life, they must be transforming today’s and tomorrow’s businesses.”
This quote certainly applies to the rapid introduction of new technologies and the beneficial role adaptive ERP can play in simplifying and adopting advanced technologies in your manufacturing organization.
Rapid Deployment
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Denne historien er fra February 2020-utgaven av DataQuest.
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