It’s well known that ERP is prevalent in the manufacturing community, but according to our last blog, few manufacturers are making the most of it. With the manufacturing environment more competitive than ever, the gap between “leaders” and “followers” is broadening. According to recent Aberdeen research, there is still hope, but the window of opportunity is shrinking.
In recent years, leaders, defined by Aberdeen Research as the top 35% of manufacturers, have become more attentive to customer needs, increased their presence on a global scale, and took control of their supply chains, and have begun to pull away from the competition. Notably, as discussed in our last blog and a recent Aberdeen report, there is one major differentiator: Complete, Modern, End-to-End ERP.
ERP’s Role in Modern Manufacturing
According to “The Unified Manufacturing Environment: Transparency, Collaboration, and Decision-Making with End-to-End ERP,” written by Aberdeen Group Research Director Nick Castellina, end-to-end ERP has helped manufacturing organizations to extend their reach and improve their ROI in ways they never thought possible. However, in order to be considered end-to-end, ERP needs to check a few key boxes.
Defining End-to-End ERP
Per Aberdeen, end-to-end ERP is a solution that provides visibility throughout the organization, helping manufacturers communicate internally and externally. This leads to improvements in everything from product design to process controls, and offers organizational leaders deeper insight and better control from the shop floor to the top floor.
What Makes It Different?
From collaboration to data use, end-to-end ERP is more advanced, more collaborative, and more diverse—incorporating multiple modules, integrations, and technologies to provide users a complete view of what’s going on throughout the organization.
What Organizations Get from End-to-End ERP
From the factory to the boardroom, manufacturers who embrace a complete solution are more likely to:
- Gain real-time visibility into status of all processes (Complete: 50%, Not Complete: 33%)
- Actively and accurately trace components and items throughout the purchasing, manufacturing, and sales process (Complete: 77%, Not Complete: 57%)
- Monitor regulatory compliance (Complete: 62%, Not Complete: 39%)
- Process for a mock or real recall (Complete: 54%, Not Complete: 19%)
Beyond this, complete ERP offers better visibility and a single source of truth, improving a company’s ability to track product costs, manage logistics, monitor resource utilization, improve inventory control and more.
Ready to Learn More?
The entire Aberdeen Group report delves even further into the value of a complete ERP solution, exploring its ability to improve performance, increase ROI, build better supplier relationships, maintain quality and compliance, and make faster decisions. The entire guide, The Unified Manufacturing Environment: Transparency, Collaboration, and Decision-Making with End-to-End ERP, is presented to you free, courtesy of Acumatica and Clients First.
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