Not So Random Thoughts on Improving Business Performance

Blogs

Selecting Your ERP System

You're finally ready to select your ERP system. Read our final post in the series on picking your next ERP System the right way.

Picking the Right ERP Vendor

In the last post, Review & Qualify Software Solutions, we walked you through the process of identifying key areas to help you review and qualify ERP solutions. In the 5th post, Qualify ERP Vendors, in our series, “Selecting ERP for Your Small to Medium Sized Business,” we’ll explain why it’s important to choose the right ERP partner and how to tell if a vendor is the right one for you.

Review & Qualify Software Solutions

Before picking an ERP solution, it’s important to identify key areas about your company to help you determine which solutions are right for your business. In this post, we guide you through the steps to help you narrow down your choices.

Defining the Business Requirements

Oftentimes, an executive will walk into the IT person’s office and say, “We need ERP.” The IT person goes about lining up several ERP providers, interviews them on their software functionality (not necessarily considering user requirements), and if it seems to fit and is reasonably priced, they select their vendor and schedule implementation.

Assess Your ERP Readiness

So you’ve put together your ERP Selection Team and think your company is ready to implement ERP (enterprise resource planning), but are you sure? While an ERP implementation can be a key element of your company’s growth, if you’re not truly prepared, it can be a costly and time consuming undertaking. It is critical to do your due diligence to ensure that your entire organization is prepared before making your decision. Check out Computer World’s article back in August 2011 on Epicor’s failed implementation and subsequent lawsuit. ERP doesn't have to be a failure! Upfront preparation and clearly defining goals and expectations will ensure that your ERP implementation is a success.

Develop Your ERP Selection Team

If your Small to Medium Sized Business (SMB) is drowning in paperwork and bad information from disparate systems, it might be ready to implement an ERP System. You may be overwhelmed by not only the choices, but the best practices in choosing a new ERP system.In this blog series entitled, “Selecting ERP for Your Small to Medium Sized Business,” we’ll outline the six steps you should take to ensure a successful selection and implementation. From assembling your cross-functional ERP team to finally selecting your ERP system, we’ll walk you through each step of the process. In the first blog, “Develop Your ERP System Selection and Implementation Team,” we’ll cover what you need to know to make your first step the right one.

Visibility into Inventory

How sophisticated is your inventory control process? Is it a tool that you can use for forecasting and planning, or are you happy if you can just keep your warehouse from emptying out before the next materials delivery?

The Cost of Poor Time Visibility

Costing out a project is arguably the most important step to do well. Being able to track the costs of materials and labour accurately is necessary to determine which projects are profitable, both historically and going forward. Being able to peer into these data also allows for more accurate estimates and proposals, and to forecast and mitigate cost overruns. What many business owners overlook is the value of time in cost tracking.

Project Visibility Matters

Visibility matters a great deal when it comes to project management. Knowing that you have a great team handling any particular project doesn't make up for being in the dark about the details, or for having to wait for a regular status report to see how the costs and timeline match up with the projections.

Business Intelligence Visibility

What's keeping your valuable information from being as visible to your employees as you would like it to be? Sometimes the problem is too much information, or at least too much of the wrong information. When an employee sits down to complete a task, how much time and effort is spent wading through filing cabinets of folders, menu screens and different software programs? Once everything is found, how much time is spent going through the access to find what is needed?

Pages

Subscribe to RSS - blogs