6 Steps to Prepare a Software Project Transition Plan
Master your software transition in 6 steps with our checklist guide. Navigate from assessment to implementation seamlessly.
Do you run a manufacturing company, with plans to expand operations? You are no doubt aware of how demanding the market is nowadays, particularly when your company is growing more rapidly than forecasted. In such situations, when it feels like your business’s potential is slipping away from you, it is essential to bring on solutions to streamline your operations and ensure a better flow throughout all of your business process steps.
A technology asset such as an ERP system is often an excellent solution, as it enables manufacturing companies to interconnect all the activities related to their operational processes.
An ERP (Enterprise Resource Planning) system streamlines a company’s operational processes by centralizing and redistributing the data involved in the company’s various departments. More concretely, this management software is designed to integrate different functionalities by complementary modules, such as:
In any situation, there are both positives and negatives, and ERP system integration is no exception. You should be aware of the drawbacks and risks that a company takes on when integrating an ERP system.
Licensing fees are just some of the costs associated with the use of an ERP system. When allocating a budget for an ERP system, it is important to recognize that within the total cost, you need to plan a significant additional budget to cover the following variable costs:
Since an ERP system can provide many additional functionalities, it can become as complex as it is functional, and difficult to use. It is not uncommon to for companies to end up with ERP systems that are too complicated for their needs, which cuts into their return on investment.
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For all types and sizes of manufacturing companies, an ERP system presents several advantages, providing an overall picture of your manufacturing process in real time, from service proposal to product delivery. Here are some advantages worth noting:
Take, for instance, a custom door and window manufacturer that doesn’t use an ERP system. The delivery timeline is relatively tight. Unfortunately, two days before scheduled delivery, production on the customer’s order is halted because the operations manager realizes that he doesn’t have enough aluminum to complete the order. Since the manually entered information was off, he now has to delay delivery of these products.
Cashflow management is one of the primary concerns of a knowledgeable manager. Incoming and outgoing funds related to bank reconciliations, wages, supplier payments and accounts receivable quickly impact your liquidity, and make it more complicated to get reliable and up-to-date information about cashflow.
An ERP system with a built-in cashflow management module helps ensure that you are seeing reliable and accurate information. Designed to automate all of a company’s financial transactions, an ERP system provides a better overview of all financial related elements of a company.
An ERP system keeps all of a company’s operational data in one place, which allows you to access the information in real time. Generally speaking, this tool provides an overview of all of the steps involved in the production process. Several departments can benefit from this real-time data, including:
An ERP system in a plant boosts efficiency through streamlined processes and real-time data, fostering informed decision-making.
For the last several years, ERP systems have become increasingly appealing to companies. Of course, this demand has led to an increase in the number of ERP systems available. For a company looking to find the right ERP system to meet their needs, the wide array of products in the technology industry makes their analysis and selection process all the more complicated. Keeping in mind that this type of investment can run up to between 6 and 7 figures, there is added pressure to find an ERP that will be successful and profitable.
And yet, the manager responsible for acquiring the ERP system must know about all about the characteristics of the ERP systems they are analyzing. And because the systems are, unfortunately, difficult to compare, the selection process is rather challenging.
This alternative stands apart from an ERP system for these reasons:
Finally, we should note that when a company sees potential in a solution to streamline its operational processes, the company must be fully aware of its needs. Unfortunately, due to a lack of time and/or understanding of the field, those responsible for acquiring and implementing ERP systems often realize too late that their selected tool falls short, and only somewhat meets the initial expectations. Before making this big decision, we highly recommend that you consider custom software in your analysis and comparisons.
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Tell us more about your needs so that we can better route your project to our specific SWAT team.
During the brainstorming phase, we work with you to identify potential solutions to your business challenges to generate the technology response that aligns with your business objectives.
Through our requirements gathering process, we work closely with you to define and prioritize your needs, ensuring that our solutions are tailored to meet your specific requirements.
This phase marks the beginning of our partnership. We’ll finalize the project plan and establish clear communication channels to ensure a smooth and successful project execution.