Visual South Insights

ERP solutions don’t have everything

Evaluating Enterprise Resource Planning (ERP) systems is not an easy task. Naturally, your focus will probably be on finding a system that is a good match for your company. Much of the criteria used to judge the software will likely be based on what features and functions it has or doesn’t have. That’s reasonable, but limiting your evaluation to features and functions will not give you everything needed to make a great ERP decision for the company. To make a great decision, you also need to consider factors outside the ERP system.

What is a KPI?

A KPI (key performance indicator) is a measurement of value that can be quantitative or qualitative in nature. Manufacturing companies typically use and track KPIs to determine how a particular area of operations is performing. KPIs are ideally presented in dashboard format, giving decision makers the ability to quickly answer the questions like, “How are we are doing?” and “What is causing performance issues?” Think of KPIs as a company or department’s scoreboard for how the team is playing the game.

Manufacturers have made the move to cloud-based ERP systems

It seems like just yesterday that the concept of cloud-based ERP for the manufacturing industry was far-fetched. But today’s reality is manufacturers are choosing cloud deployment over on-premise deployment virtually every time. That is a paradigm shift for those of us who have been working with enterprise applications in the manufacturing sector.

A big decision

If your company is evaluating ERP solutions, you already know that choosing the right system is a big decision. The evaluation process is not straightforward, or something that companies do on a regular basis. Selecting a new ERP is typically a “once in a (business) lifetime” decision, because if you land on the right solution, your company will extract value from it for decades.

It ain’t easy on the shop floor

Managing a shop floor is no easy task. Your employees make mistakes, equipment breaks, rush orders slip in, jobs ship late, and days are long. On top of that, there is the constant demand to reduce costs and increase quality. It’s a real pressure cooker.

A big decision that you want to get right

If your company is thinking about getting or actively evaluating new ERP software, then you’re probably in a quandary about how to balance priorities and needs. Selecting the right ERP system for your company means finding one that’s not the most basic, not the most complex, not the cheapest, not the most expensive…. you get the picture. It can be tough to determine which one is a perfect fit. And to complicate matters, an ERP solution is typically a generational decision. Ideally, your company will use it for decades to come, so choosing the best ERP means being able to extract benefits from it now and way down the road.

An Exhaustive Look at Infor VISUAL's Functionality

Looking for information on Infor VISUAL ERP? You found the right blog. It's long, but it's thorough. Buckle up, it's going to be an interesting ride.

Why would any manufacturing company want VISUAL ERP?

Actually, that’s an easy question to answer. There are three reasons:

1. Value: You will not find an ERP product with more depth and breadth of functionality at the same price point.
2. Ease of use: VISUAL is built by software developers, but the interface was developed by designers to focus on ease of use. The screens are simple and intuitive, yet answers to your next question are in a secondary (child) window or are a simple click away.
3. Focus: VISUAL is designed for small-to-medium sized manufacturers who create work orders to make or repair items. If this doesn’t describe your company, Infor VISUAL will not be a fit for your manufacturing company. If this does describe your company, keep reading—VISUAL may be exactly what you're looking for. 

Differences between make-to-stock and make-to-order manufacturing

These two manufacturing modes are just what you’d assume. Make-to-stock manufacturing is where finished goods are built to inventory. The demand associated with make-to-stock is typically driven by a forecast. Additionally, a mix of forecasting, inventory quantities driven by planning policies, and actual demand can drive planning and scheduling for make-to-stock manufacturers.

The difference between standard and actual cost

Before I get into the best costing methodology for a work-order-driven manufacturing company, let me define both methods. With standard cost versus actual cost, the discussion centers around how the ERP system values an inventory or labor transaction. Here is how the different costing methods calculate the value of the transactions.

What is SAP?

SAP is a technology company that has been around a long time and offers what is often regarded as the top ERP software in the world. SAP ERP is built primarily for large companies in a variety of industries. Companies that are household names (e.g. BP, Coca-Cola, BASF, Audi, Burger King, and Citrix) very likely use SAP’s ERP software somewhere in their operations.