Project-based operations that improved on-time and on-budget performance by 10 percent or more were nine times as likely to also improve dramatically on key financial metrics such as net profit margin and cost of compliance. Nearly every project-based manufacturer feels it is important for their company to improve on end-to-end project management, but less than half of the companies in project manufacturing, aerospace and defense (A&D) and maintenance, repair and overhaul (MRO) sectors with project-based operations make wide use of any recognized category of commercial software system. This includes limited use of enterprise resources planning and quality management (QMS) systems.
Less automated "standard" material handling solutions are perfect for new or smaller companies that do not require highly automated DCs. Klaus Wurm, vice president and managing director of Schaefer Systems, discusses the benefits of integrating standard elements to help such companies get their products to market quickly without big investments or lengthy implementations.
Cincom Systems Inc. has launched the Cincom Business Suite, an enterprise resource planning (ERP) application that is an advanced version of Microsoft Dynamics AX for manufacturers.
Analyst Insight: Consumers now demand that their software solutions be flexible, configurable and are able to accommodate business changes without much business impact. Enterprise software vendors have been forced to shift their dated SOA and legacy-based architecture to more adaptable and configuration-friendly solutions that allow consumers to adjust to changing business practices and processes. – Dylan Persaud, Managing Director, Eval-Source
Analyst Insight: Buckle your seat belts. Supply chain planning, a mature and stagnant technology market, is changing. This change will not be gradual; instead, it is the redefinition of planning platforms. The value proposition is large; but not as large as the change management hurdles. To prepare, we have to learn, unlearn and prepare to relearn a new language and way of thinking. - Lora Cecere, CEO and Founder, Supply Chain Insights
The latest news, analysis, trends and solutions regarding enterprise resource planning (ERP) software and systems and their impact on supply chain management. New developments in ERP software - used by organizations to streamline day-to-day business activities like accounting, procurement and project management - are transforming the way companies operate and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using ERP systems for supply chain optimization.
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