GE / IP FANUC Series 90/30 In Stock
Enterprise Resource Planning (ERP) & Manufacturing Competitiveness
When Precision Defense Services (PDS) of Pennsylvania, USA, a leading manufacturer of high quality machined parts for the military and industrial marketplace was positioning itself for expected growth in coming years, they turned to an ERP system provider to create systems to better manage key infrastructure that would also support key business needs. The Company was able to vastly reduce manual operations, eliminate human error, save time, and improve efficiency and quality.
Enterprise Resource Planning (ERP) has provided a foundation for manufacturing companies since the early 1990’s. ERP systems such as SAP, Oracle and Microsoft Dynamics have helped companies consolidate departments such as finance, human resources and systems. Consolidation of disparate platforms has allowed companies to provide enhanced customer service, fully integrated business capabilities, coordinated functions, enhanced business process control, improved quality, all while reducing operating costs.
The ERP Market
Companies such as Epicor and NetSuite have been providing customers with relationship management (CRM), supply chain management (SCM), human capital management (HCM) software, among others. One major advantage of these types of systems is that they allow companies to comply with the requirements of the world’s major markets through an easily configurable business architecture using a software engine approach. ERP systems can be on-site, hosted, SaaS or cloud based and offerings can be scaled from small-and-medium business (SMB) to the largest multinational corporations.
Competitive Advantages of ERP
According to Gartner, the world’s leading information technology research and advisory company, which coined the term “Enterprise Resource Planning,” ERP allows the centralized management of “electronic stuff” to give management a better understanding of processes required to run a business.
And it is not only private enterprise that benefits from ERP. Municipalities and other government agencies and universities, for example, Brown University in Rhode Island, have integrated the use of cloud-based planning and metrics applications into their operations to provide key decision-makers with the timely information they need.
ERP And Intellectual Capital
When a company starts to centralize its information and build a knowledge base and keeps track of its communications soon a very valuable assets are organized and brought to the fore. An ERP system facilitates process standardization and increases an organization’s strategic advantages. ERP systems can be used in promoting the development of new knowledge within organizations as well.
What’s Ahead For ERP?I
According to Aberdeen Group Sector Insight, ERP systems lead to agile decision-making and the ability to keep pace with internal and external changes which are occurring at a faster and faster pace.
Some ERP systems are out of date and relatively cumbersome compared to newer systems. Highly customized and expensive systems are not always easy to change or upgrade. A continued role for ERP systems is expected for manufacturing companies with a wider range of alternatives available than ever before.
Tags: Enterprise Resource Planning (ERP), ERP
This entry was posted on September 3rd, 2014 and is filed under Automation. Both comments and pings are currently closed.
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