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.
Insight Category: Transformation & Assurance
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’s Alex Jay 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.
For the better part of 20 years, investment in packaged ERP systems has been big business. According to Gartner, worldwide spending on ERP program implementations, upgrades, and maintenance totaled an estimated $120.4 billion in 2012. The ability to systematically integrate functions of your business into a streamlined application has promised to provide greater operational efficiency, advanced data capabilities, and competitive advantages
Large corporations’ failures with large IT projects are – if not stemming from precisely the same issues – still failures in kind. By far the largest overarching mistake that corporations make is the tendency to view their transformational projects as belonging entirely beneath IT’s umbrella. As a result, they fail to accord these projects whole-business importance, and thus they lack active top-level business support and commitment, as well as a clearly defined economic business case.
As calendars turn to July and August, thoughts often turn to summer weather, baseball games and weekend getaways. However, in the hearts and minds of executives, this time of year also signals the commencement of another annual planning cycle.