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Benefits of ERP for the Plastic Manufacturing Industry

Posted by Ho Nguyen

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As the plastic manufacturing industry is experiencing some unique challenges and opportunities, many companies are turning to ERP to boost growth and profitability. Still, CEOs are somewhat unsure about the actual benefits of implementing a modern ERP solution. This article will provide some insights into this issue.

What manufacturers look for in an ERP Solution

And according to Aberdeen Group, cloud ERP’s time has come. There are TOP ERP selection criteria for Manufacturers.

Benefits of implementing ERP for a plastic manufacturing company

There are critical questions that you, as a CEO of a plastic manufacturing company, needs to consider:

  • What are your annual benefits if you put in place the implementation plan?
  • What are your annual benefits by process area if you put in place the implementation plan?
  • What are your annual benefits by category if you put in place the implementation plan?
Read more: 7 questions a CEO should consider before starting an ERP project

Benefits of implementing ERP for a plastic manufacturing company

If the business value estimate input is within your range:

0Benefits of implementing ERP for a plastic manufacturing company

Then your benefit summary if you make your decision to implement Infor Cloudsuite Industrial, a typical modern Cloud ERP system, is:

Benefits of implementing ERP for a plastic manufacturing company

And the annual benefit is approximately ranged from $95,359 to $126,649. Please note that the figure is based upon source of American Productivity & Quality Center (APQC) industry benchmarks, S&P Capital IQ, Industry reports, Infor Value Engineering analysis and due-diligence is required for more accurate estimates.

Here below is benefit defined for each area.

Benefits of implementing ERP for a plastic manufacturing company

And you can dig deeper into each area for further details.

Benefits of implementing ERP for a plastic manufacturing company

For more information, please request a free ERP demo.

Request an ERP Demo

Topics: Enterprise Resource Planning ERP

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 Rick Yvanovich
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