It is fair to say that nothing stays the same for long. Companies, adapt, grow and change, but is your ERP solution, the backbone of your business, able to keep up? Eventually, every company will reach the point where their existing solution is no longer suitable. They will have to consider the cost implications and associated benefits of either making a change or remaining ‘as is’. The key question all companies faced with this dilemma should consider is - just how much change is required and how will you cope with that change?
Manufacturing and distribution companies face challenges throughout every area of their supply chain. Across all stages, visibility is recognised as a key objective. The issue has risen from the sixth most important strategic priority in 2015 to third in 2017, according to the GEODIS 2017 Supply Chain Worldwide survey. However, only 6% of firms said they had achieved it. The survey, which considered the views of 623 supply chain professionals across 17 countries, found 57% of respondents considered their supply chain to be a competitive advantage that would enable the development of their company.
The huge rise in mobile and communications technology is transforming how businesses operate and the way in which we interact with our employees, customers and suppliers. It can be said that the ‘traditional’ office set-up no longer exists as employees are increasingly demanding the ability to work wherever and whenever they need to. Even on workplace premises, mobile devices such as smartphones, Android tablets and iPads are beginning to replace the traditional enterprise desktop.
In today’s ultra-competitive world, it is vital that businesses find ways to stand out from the competition. Business Intelligence (BI) is key for companies looking to gain competitive advantage and it is playing an increasingly important role in the success of businesses across all industries, allowing them to analyse large amounts of unstructured data to uncover valuable insights that can then be acted upon.
ERP implementation is considered a difficult thing to get right. According to Gartner, approximately 75 percent of all ERP projects fail. This does not make good reading for any business about to embark on a project. Undoubtedly, selecting, designing and deploying the right solution for your business can be a difficult task, but not an impossible one.
At the 2015 IFS World Conference in Boston, IFS announced the global availability of IFS Applications 8 and 9 as a fully managed service on Microsoft Azure. Their partnership with Microsoft brought together a recognised leader in enterprise software with a top-class cloud-based platform.