If the answers to any or all of these questions is yes, then it might be time to assess how you’re going to continue reaching your business goals.
If an ERP, WMS or CRM system is part of the solution for your business, then it’s worth talking to an experienced ERP Consultant before you commit to a major investment.
Both academic and commercial research, surveys and experience have shown that organisations are implementing new ERP solutions for the following reasons:
The technology that was considered cutting edge when many of the ERP applications still in use were created would no longer be described that way.
On-premises, capital intensive applications have evolved into more flexible, SAAS cloud-based offerings with the potential for advanced functionality like machine learning and artificial intelligence (AI). These have become the norm at a rate that is quicker than the speed at which many organisations have been able to respond and this differential has left many feeling left behind in what are increasingly unchartered waters.
Advanced functionality made available through what is commonly being referred to as digital transformation requires a well implemented ERP system to provide reliable data to the machine learning algorithims. Without it, the exercise is pointless.
It’s not only technology that’s evolving, the way we do business has changed in many ways too. Businesses have to be more agile and customer-centred than ever before and in ways that many don’t fully understand yet.
While the words of world renowned management author and CEO coach Marshall Goldsmith “what got you here won’t get you there” have never been more true, navigating the minefield of options can be overwhelming.
Objective, impartial assessment is difficult for executives to undertake on their own because they’re so close to the business that it can be hard to see the wood for the trees. It also requires a level of expertise across a range of skillsets that are unlikely to be found within existing operational staff.
The way to plan for such massive change on what probably feels like shifting sands is with a comprehensive independent strategic business review. ERP strategy is a critical component to getting the ERP puzzle right. It provides visibility into where management wants to take the business from where it is now to where it needs or they want it to be.
This strategic review outlines what process the ERP software has to support in the next chapter of the evolution of the business. Selection is then based on future business needs rather than on how closely a particular piece of software can match historical or current demands. Basing the selection on current demands limits the development of future competitive advantages.
PO Box 1931
New Farm QLD 4005