Since forecasting can deliver significant benefits with increased levels of service, inventory turnover and margin improvement, the question that inevitably arises is whether it makes sense to purchase a forecasting or demand planning system.
According to Gartner statistics, significant bottom line results can occur with just a 1% improvement in forecast accuracy. In fact, there are staggering improvements in lead time, inventory reduction and margins, so why not at least explore the idea?
When clients decide to upgrade ERP, they also look at CRM (customer relationship management) because it makes sense to align the technology infrastructure into a common platform that will be fully integrated and scalable.
Lisa Anderson is a specialist in ERP management. Her field of work also includes supply chain management, S&OP. Her purpose is the same as other influencers, to help vendors uplifting their business.
Determine the optimal timing for an ERP upgrade to enhance business growth and technological capability. Strategies from Lisa Anderson.
Although according to most experts, blockchain hasn't lived up to its promise yet especially in comparison with IoT, robotics and more, it has just gone mainstream.
