To effectively address business needs, project-based companies must choose an ERP system that meets their specific functional requirements. This is critical for success. The first step is to assess whether the ERP you’re evaluating offers project-related functionality at all, in addition to its standard functionality.
A cloud ERP implementation requires the same elements as an on-premise implementation from a methodology perspective, but not from a technical perspective. The difference lies in the level of responsibility.
The upside of buying enterprise resource planning (ERP) software is the economy of scale. Since it is written for the masses and not customized for one company, the cost per user plummets. For example, Microsoft Office certainly costs more to develop than the few hundred dollars it costs to license. One of the other upsides is that thousands of users create a robust community that quickly flushes out weaknesses in functionality, helping the software become stronger. The downside is that the ERP may not be totally in sync with the company’s culture, and that’s when most people start to think about ERP integrations. To give an instance, what some may call a production order, the ERP may refer to as a work order. Some of the ERP system’s screens may be laid out differently than what the company would have preferred. Or maybe the processes the software supports are not in total alignment with the company’s current processes.
What crane manufacturers have in common with other types of manufacturers is that they must plan for material requirements, schedule jobs, and execute the production of those jobs. However, crane manufacturers have many requirements and needs that are unique to their industry. In this article, we’ll review how those unique requirements can be addressed with crane industry software or crane manufacturing software.
More and more of our customers want to have visibility of variables affecting manufacturing. They need clear information about capacity and on-time delivery, potential capacity or supply chain issues, and job costs. Our customers are getting this visibility by leveraging the Infor ERP application’s manufacturing industry purpose-built functional abilities.
It can be an involved and complicated process for first-time evaluators to understand the types of ERP on the market and decide which meet the business requirements and objectives. There’s a significant research component when kicking off an ERP evaluation.
The process to evaluate and choose an ERP software is not a simple task; as a matter of fact, it is a complex task. Because of the risk and cost, it’s a big decision for a company, big or small, to find and implement an ERP. I have numerous conversations with companies that are going through this selection process, and if they don’t bring up the subject of cost in our first conversation, then I do because it is so important! To help you set a realistic budget for your new ERP system, read below for a list of costs you should plan for.
When companies are looking for a new ERP or reimplementing a system, they start with a budget. That budget typically includes standard implementation costs and estimates on service hours from vendors. But those vendor quotes are almost never inclusive of everything. While not hidden, these unexpected costs can be high enough that the budget is at risk.
All ERP solutions have a database, which is where all the information is stored. This is important information, like customers, vendors, parts, costs, balances, and so on.
