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ERP Drives Manufacturing Innovation
It’s the start of a new year and 2012 forecasts for manufacturers are starting to look more promising. To stay ahead of the competition, you need to respond to the market with innovate product additions. A fully integrated business management system should enhance innovation to improve your responsiveness to the market.
When you can identify opportunities for new products at an early stage, you can respond with new, innovative products or product variants. Your ERP system should provide you with information from across the organization, with deep insight into product preference trends. With industry-specific and customer-specific KPIs delivered to your key decision makers, you can get a jump on the competition to meet changes in customer preferences.
Innovation in most manufacturing environments requires collaboration between outside partners as well as multiple internal departments. Spending time fighting outdated systems makes it hard for teams to keep communication lines flowing. An ERP system that integrates with collaboration solutions like SharePoint and common applications like Office gives teams the tools they need for easy collaboration.
Reduce time to market
Fast and accurate planning is a must for the innovative manufacturer – budgeting and planning cycles can’t last weeks and months anymore. Real time inventory, production, and supply chain information presented in one easy-to-use dashboard gives managers the tools they need to plan and execute quickly.
Coordinating multiple facilities and departments to support new products from production to delivery requires an integrated ERP system. Automated workflow ensures that products move from development to production environments by eliminating delays and miscommunication. A fully integrated ERP system will support new products entering the production schedules and adjust inventory levels at key distribution points.
Get ready for leaps of innovation in 2012, and improve your responsiveness to the market with a fully integrated ERP system. Call us to talk about how we can help you build a better business.
Published on 17th January 2012 by Jeanne DeWitt.