The power of an ERP solution is highly dependent on the knowledge of the company using it. One company can use the software really well, while another company, well, not so much. We often use the analogy of an airplane; the airplane is built to fly, but it only works if there is a pilot sitting in it that knows what he is doing. Is your company flying the plane, or figuring out how to open the cockpit door?
Visual South’s number one criterion in hiring consultants is experience in manufacturing. Almost all of our customers are responsible for making or repairing something, and the entire business usually revolves around work orders. With this being the case, our consultants have to understand manufacturing. Typically, they held a leadership position in a manufacturing company, such as controller, CFO, plant manager, CIO, COO, or other similar titles.
Companies put a lot of time, effort, and money into evaluating, purchasing, implementing, and maintaining ERP systems. They are worth the effort, but if managed incorrectly, you can slip backward and revert to being the company you set out to correct when you initially purchased your ERP.
Searching for and evaluating ERP software is difficult. Really difficult. There are so many different terms, products, markets, deployment models, and technologies, that it can be hard to narrow down your choices to a select few. I talk with people all the time who have undertaken this challenge, and clarity is a challenge. Occasionally, companies pay a selection consultant for help figuring out which solutions to learn more about.
There is no shortage of three-letter acronyms in the software industry. Sometimes it can be confusing to try to figure out what they mean, much less what the solutions do. Let’s take a closer look at both.
If you aren’t sure about what configure price quote (CPQ) software is, or you want to improve your baseline understanding, you can check out my other blog, “What is CPQ?”. If you are specifically looking for Infor CPQ software, you can read a review here.
There are a lot of benefits provided by CPQ software, but probably the biggest one is the ability to make it easier for non-engineers to correctly configure a complex solution. As simple as it may sound, a lot of companies struggle with the issue of salespeople, customers, resellers, and others designing a solution (a part or material) that engineering cannot create, and one that manufacturing departments cannot manufacture. When there’s no CPQ solution in place, it creates very long lead times, and complex back-and-forth discussions due to the difficulty in managing all of the emails, drawings, and conversations that have to take place before actual manufacturing can occur.
The software industry has no shortage of three-letter acronyms, so let’s get right to answering the question. CPQ stands for configure, price, quote. More specifically, CPQ is a category of software that helps enable the business processes of configuring, pricing, and quoting a product or service.
If you are in the process of choosing an ERP, it’s important to consider the company you could be partnering with. An ERP selection is a big decision in many ways, one that will affect your company for years to come. But it’s not entirely about the product itself (although making sure it has a good evaluation is important). The partnership you enter into with the vendor must also be the right move for your company. You should be comfortable on a variety of levels with this partnership, but here are the top three things to consider as you shop around:
You may have been asked to find ERP software for your company but are still wondering, “What is an ERP system?” An internet search of the term “ERP” will yield quite a bit of information, and not all of it is helpful. So let’s start with an ERP definition: ERP stands for Enterprise Resource Planning, which refers to the management of business processes in an organization. These processes typically include:
If you are a small- to medium-sized manufacturing company that is growing, you are likely experiencing growing pains. Those pains can come from a lot of different directions, but in our business, we hear about growing pains as they relate to software. As a business grows it becomes more sophisticated and complex, and in turn, the software tools used to manage processes need to match that level of sophistication.
