ERP solutions comprised the lion’s share of a global estimated $600 billion in enterprise software spending in 2021. However, year after year, ERP initiatives prove to be a game of roulette, with unpredictable risks and rewards. Before starting an ERP project, it is essential to evaluate your organization’s ability to take on the initiative.
Insight Category: Transformation & Assurance
Traditional selection methodologies are riddled with inefficiencies and take much longer than they should. Liberty outlines four speed and quality focus areas that will make your selection process quicker as well as drive value. Save your money for the real work, and see your ERP payback in months with Liberty!
Liberty Advisor Group’s Michael Atkinson explores the advantages and challenges of conducting a complex enterprise software selection in a remote setting.
ERPs help manufacturers achieve measurable benefits, but deploying such a solution does not guarantee improvements. To increase the likelihood of realizing quantifiable outcomes, Liberty developed a simple method to identify and validate benefits that ERPs can facilitate.
Major transformational technology initiatives such as enterprise resource planning (ERP) projects are typically big, costly, and complicated. Even today, many fail to live up to expectations. As consultants, we’ve spent countless hours helping clients avoid or recover from mistakes – and unsurprisingly, avoidance is always less painful than recovery. In the spirit of helping you avoid costly mistakes in your transformational technology initiatives, we would like to share with you five expressions we commonly hear that tend to indicate there are problems on the horizon.
Manufacturing Execution Systems (MES) enable shop floor operations while helping producers to increase yield that meets QA criteria. Purchasing and implementing such a solution, however, is an expensive and time-consuming initiative that will disrupt business for months. To improve the likelihood of a successful program that delivers operational benefits, Liberty Advisor Group discusses what manufacturers should consider prior to starting an MES transformation.
Companies don’t think about data readiness efforts for their large scale software implementation until it is too late. Begin readying your data as soon as possible, before the official program launch, to avoid costly delays or program failure.
Continuous improvement and process optimization is something all companies must work at to maintain their competitive advantage. These initiatives must be well thought through from the top down to ensure they are successful and align to the company’s strategic goals.
What is the key to capitalizing on the power of AI? Having a good understanding and taking care of the enabling foundation work before diving into AI implementation.
One of the most common questions clients ask is, “How do I go about hiring a CIO/CTO?” An organization’s technology decision maker plays a critical role in shaping its future; choosing one is a delicate process, as the decision will have an immeasurable impact on your business’s ability to grow and evolve.