The COVID-19 pandemic has made it clear that manufacturers need a modern, flexible ERP system. ERP may even be the key to post-COVID business success, enabling the flexibility and resilience that give your manufacturing firm a competitive edge. So if you’ve experienced any or all of these common problems with your current ERP, it may be time to upgrade to a new solution.
1. Your ERP doesn’t enable timely decision-making
Outdated ERP systems often don’t provide the visibility you need to make mission-critical decisions in real time. As we saw during the pandemic, not having insight at your fingertips can make it much harder to adapt quickly when a sudden disruption hits the supply chain. If you’re constantly looking at older figures rather than real-time data, or it takes you too long to develop an accurate, up-to-date view of your supply chain’s status, it may be time to upgrade to a more modern ERP solution.
2. Your ERP doesn’t integrate well with other technology
If your ERP doesn’t easily integrate with other business applications or let you capitalize on the tremendous potential that the industrial internet of things (IIoT) offers your company, it may be holding you back. When your ERP doesn’t play well with other software or newer technologies, your employees may have to compensate with time-consuming manual workarounds for standard business processes. This inflexibility is a sign that it’s time to upgrade to a more innovative ERP option.
3. Your ERP is too unwieldy to maintain
If you’ve been making do with a legacy ERP for many years, you might remember a time when it wasn’t so expensive to maintain. Eventually, however, the IT costs associated with supporting a legacy ERP solution begin to creep up on even the most diligent company. IT teams are juggling more responsibilities than ever. The time and expertise needed to maintain outdated ERP systems not only lowers your ERP’s ROI but charges your organization an opportunity cost, as well.
Know when to upgrade your ERP system
If your current ERP isn’t cutting it anymore, you’ve likely already noticed that it slows down decision-making, doesn’t integrate well with other technology, and is burdensome to maintain. As a result, you may find it unnecessarily challenging to adapt to sudden changes in the market.
Sage 100cloud is a modernized Enterprise Resource Planning (ERP) solution designed to maximize business management. Sage 100cloud Manufacturing adds functionality to assist with estimating and quoting, job planning, scheduling, inventory optimization, and more for small and medium-sized manufacturers. With proper manufacturing software in place, organizations can cut costs while simultaneously streamlining operations. Want to learn more? Contact our professionals at Yeo & Yeo Technology.
Information used in this article was provided by our partners at Sage.