In the previous article, we touch base on the business aspect of an ERP project and the reasons why organisations need to resolve their business issues if they want to successfully implement the new ERP system. 

The global race between manufacturers to streamline their operation in an escalating complex market has resulted in the need for an ERP solution that can handle and solve the unfolding business challenges.  

Large Hadron Collider, the world’s largest and most complex machine, consists of millions of high-tech components installed in a circular tunnel that is 16.7 miles (27km) long and situated 330 feet (100m) beneath the border between France and Switzerland. And it needs an enterprise asset management solution that could help minimize unscheduled downtime while maintaining the safety and convenience of all its employees and visitors.

Panorama has listed SAP, Oracle, Microsoft Dynamics, and Infor to be their “Tier 1” ERP vendors. Back in 2017, TRG International published a simple infographic to dive deep into various aspects that make these brands to be the best of all. 

In a recent survey jointly conducted by JDA Software and KPMG¹, in which key innovation investments across retail, manufacturing, and logistics are laid out, supply chain visibility and traceability dominated with 77% and have been crowned for 2 consecutive years, followed by others. And to a marked extent, those are all driven by the latest technological breakthroughs such as inter alia, Artificial Intelligence, Machine Learning, cognitive analytics, and blockchain.  

For countless companies in various industries, keeping their machines and equipment running smoothly on a day-to-day basis is of utmost importance. This leads to the need for a holistic approach to the lifecycle management of these physical assets.

Analytics and Business Intelligence (BI) software is increasingly becoming indispensable to organisations seeking to be more data-driven. Accordingly, software vendors are working hard to ensure their products can provide actionable insights from analytics, communicate the results, and support internal communication and collaboration between functions when needed.

For companies considering implementing an ERP system, ERP blogs are one of the key information sources for doing research before making decisions. Therefore, finding a resourceful, informative and updated blog on ERP topics is essential.

Embarking on an ERP project is undoubtedly one of the most significant investments an organisation can make. On one hand, the potential benefits are enormous. On the other hand, the amount of risk and uncertainty is overwhelming. The first step towards a successful ERP project is gaining insight into the ERP software market. There are literally hundreds of ERP vendors and products. What are the top choices in the ERP marketplace today?

The amount of data generated throughout today’s manufacturing process – from product development to production and post-sales support – is astonishing. That said, the capabilities to utilise such data volume is not yet catching up. For instance, an oil-exploration company was able to collect more than 30,000 pieces of data from one single drilling rig. Most of that data, however, was wasted.