There has certainly been a lot of conversation about the potential tax law changes! Michael Kouyoumdjian, managing shareholder of RP&B CPAs did a great job of going through the potential changes and impacts in a discussion with trusted advisers to manufacturers and distributors.
Supply Chain Expert and Consultant, Lisa Anderson, MBA, CSCP, CLTD, has been named in the Top 40 B2B Tech Influencers by the arketi group.
As an ERP expert, it is quite clear to me that even the best systems will fail miserably if they don't possess talent. Don't even bother to select and implement an ERP system if you don't have the "right" people on the bus. Start with executive support and continue on down through every position – everything is a team effort.
Lately, we've been called into several clients with ERP challenges that directly impact business growth and success. Do you desire profitable growth? If so, add ERP into your strategic discussions. Would you delegate a decision that could literally "make or break" your customer service, profit margins (or lack thereof) and ability to grow? I think not!
We cannot tell you how many clients call thinking they need a new system to support their business when it isn't true! Certainly there is a time to upgrade to a new system - when you've outgrown your old one (often-times QuickBooks with add-on's like Fishbowl), your old system is highly customized and unsustainable or you are in the midst of a merger or acquisition.
A holistic approach to organizational transformation is required, that integrates technology, people, and processes for sustainable growth.
Technology is an integral part of managing your business and supply chain. Are you leveraging technology to improve your business performance?
ERP systems often fail to live up to their promise - even in the best of circumstances. It is a tough environment - software suppliers are consolidating, the smaller ones can disappear or get gobbled up in a moment's notice, good resources are hard to find, and the list goes on.
Taking a big picture view while simultaneously eyeing execution when implementing an ERP system will help companies not only achieve desired results, but do it quickly.
