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Reshoring: One of the great manufacturing success stories

By | 2017-04-19T20:37:44+00:00 April 19th, 2017|Cloud, CRM, Dynamics 365, ERP|

What happens in reshoring? Reshoring is when Manufacturers and other production companies move their formerly offshored operations from China, India, Latin America, and other regions back to North America. Initially, shortly after the turn of the millennium, while other companies still offshored with gusto, a handful of specialty manufacturers realized that offshoring did not enable them to deliver the product quality and supply chain control that they required to ensure the long-term viability of their businesses. Around 2010, some of the largest brands in the industry began to transition manufacturing back onshore when they saw what a difference reshoring could make in their ability to meet changing customer needs and spur innovation. When business conditions in the offshore countries changed—increasing costs, more complex regulation, and risk to intellectual property all greatly contributed—many more manufacturers initiated reshoring initiatives. Certainly, other reshoring [...]

Build Competitive Advantage with Dynamics 365 Cloud-Based ERP

By | 2017-04-14T13:45:46+00:00 April 14th, 2017|AX, Cloud, Dynamics 365, ERP, Industrial Equipment Manufacturing|

Success for all manufacturers, especially industrial equipment manufacturers (IEMs), starts with lean production and real-time order tracking, on top of providing superior products and customer service. The necessary component to this success is data, which is often out of reach due to data silos and disconnected systems. Centralize data within a cloud-based enterprise resource planning (ERP) solution and achieve the productivity and profitability improvements a digital transformation delivers. Disparate software and legacy systems are simply unable to support businesses in this digital era. Managers can’t quickly or easily access the data needed to make decisions about inventory, production and customer services. According to “Future of Manufacturing: How Industrial Equipment Manufacturers Build Competitive Edge through Cloud ERP,” many IEMs are taking the next step toward building a profitable future by replacing outdated systems with modern technology. Build a Profitable Future With [...]

ERP Comparison Event – Boston – 5-18-17

By | 2017-04-12T15:08:36+00:00 April 6th, 2017|Comparison Event, Dynamics 365, ERP, ERP Comparison, GP, NAV, NetSuite|

ERP Comparison Event - Boston, MA Boston Marriott Newton (2345 Commonwealth Avenue, Auburndale, MA 02466) Thursday, May 18 | 7:30 AM - 12:30 PM   4 ERP Solutions. 1 Location. 1 Afternoon. 365 GP NAV Cloud ERP “The overview helps narrow down solutions for a deep dive later in the decision making process.” “I found the demonstration very useful since we have been using the same software for the past 15+ years.” Reserve Your Seat Sponsored by: Still not convinced? Learn More “Thank you for putting on this seminar! As I move forward, this information will be quite helpful!” “I [...]

When the Cloud Lifts Off: Easy Upgrades, Strategic IT, and Productive Users

By | 2017-04-05T20:59:11+00:00 April 5th, 2017|Cloud, Cloud 101, Cloud Clarity, Dynamics 365, ERP, Financial Planning, How/When to Decide, Office 365|

It’s worth noting that both the article and infographic I reviewed don’t make much of cost savings in the cloud at all, but instead emphasize other benefits. That wasn’t always the case. When companies and analysts primarily discuss the productivity and operational advantages of choosing a cloud ERP solution, the focus expands to the overall value of the cloud. That’s more strategic and meaningful, and the savings are still possible. Upgrades Without Disruption One point worth noting about the cloud is that systems upgrades are automatic and you don’t pay an extra fee for them – they are included in your subscription. IT managers understand how much easier this can make their jobs, but CFOs and other execs may underestimate this advantage of cloud technology. In an educational article, NetSuite states that cloud ERP systems “are continually upgraded by the [...]

How IEMs Can Expand Lines of Business with Confidence

By | 2017-04-05T14:10:25+00:00 April 5th, 2017|Cloud, Cloud ERP Selection, ERP, Industrial Equipment Manufacturing|

In order to compete in a global and growing marketplace, industrial equipment manufacturers (IEMs) must be responsive to change and have the ability to identify new opportunities. Disconnected, legacy systems that once supported traditional business operations could be holding you back from expanding product lines or entering new markets. Replace outdated technology with a cloud-based enterprise resource planning (ERP) solution and tackle your expansion with confidence. Legacy systems supported business operations years ago, but a lot has changed over time. The marketplace is different and you are competing against more offshore companies than ever before. Customer needs and demands have also changed along with profitable product lines and services. Software systems and processes that once supported larger volume orders are no longer efficient and don’t address the different needs for smaller, niche orders. As discussed in “Future of Manufacturing: How [...]

The Internet of Things Boosts ERP as well as Increasing Connectivity

By | 2017-03-31T14:56:57+00:00 March 31st, 2017|ERP, Manufacturing, News|

Manufacturers are enjoying the Internet of Things (the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data) because of the incredible connectivity they share with their industrial products, from their home office all the way down the supply chain. However, this connectivity can do more than simple connect the home office to various devices; it will also significantly impact their enterprise resource planning (ERP) systems and the business processes these systems support. Evert Bos, our Microsoft Dynamics 365 Operations technical fellow, wrote an article for IndustryWeek.com, explaining more about this digitization of manufacturing and how it can do more than what appears on the surface. The core goal of an ERP system is to provide actionable data and information to company leaders. But collecting accurate data is an ongoing and vexing [...]

Industrial Equipment Manufacturers Breaking Down Silos to Enable Growth

By | 2017-03-28T21:16:47+00:00 March 28th, 2017|ERP, Industrial Equipment Manufacturing|

The marketplace is crowded and global competition is fierce. In order to stay ahead, industrial equipment manufacturers (IEMs) are turning to cloud-based enterprise resource planning (ERP) solutions. Breaking down data silos and increasing cross-functional collaboration will provide the agility needed to respond faster to order changes and supply chain disruptions that lead to production errors and lost customers. One of the biggest problems with using disparate, specialty software to manage key operations is that data is so easily separated and difficult to put together. Inventory information is in one system while customer orders are in another, and so forth. With data stuck in these silos, it becomes increasingly difficult to identify and respond quickly to inventory complications, changing customer needs, production and scheduling conflicts and other problems that impact profit margins and customer satisfaction. Download “Future of Manufacturing: How Industrial [...]

Cloud Security Requires Vigilance and a Layered Risk Mitigation Strategy

By | 2017-03-28T13:39:58+00:00 March 28th, 2017|Cloud, Cloud Security, ERP|

Each time a spectacular data breach happens, interest in cloud and information security spikes, and companies call us with their concerns and look for help in securing their data and applications. Soon, it’s back to business as normal. For many organizations, the convenience, economy, and flexibility of the cloud are of such high value that they tend to disregard potential security risks. That’s dangerous. Malware, hackers, scammers, even disgruntled employees are racing to stay abreast of cloud security technology. Even your most comprehensive security strategy will become outdated soon. You need to review it regularly with a view to address emerging vulnerabilities. Contenders for the Most Damaging Liability Highlighted in a still-current InfoWorld article, the Cloud Security Alliance (CSA) draws attention to a dozen different cloud computing risks. We see these in our practice, too, but not all of them [...]

Cloudy with a Chance of Misunderstandings: Let’s Get it Right

By | 2017-03-30T19:21:49+00:00 March 28th, 2017|Cloud, Cloud Clarity, ERP|

Some of the misunderstandings and misconceptions that still confuse conversations about the cloud have been around for years. On the other hand, certain trends and key benefits of cloud-based ERP that analysts and forward-looking businesses identified early on still hold. What can we learn from that? Always question and verify what applies to your business and usage scenarios, so you can plan to achieve realistic cloud benefits and don’t fall for any wrong-headed notions. Three common misconceptions about cost, fit, and architecture of Cloud ERP An ERP Cloud News article, Cloud ERP Software Perceptions, discusses three core concepts. The first one is that “Cloud software is less expensive.” Now as then, cost savings and efficiency are a major concern for the companies that move ERP and data to the cloud. It’s worth noting that ERP Cloud News takes a nuanced view [...]

Succeed in Today’s Global Marketplace with Cloud-based ERP

By | 2017-03-24T19:00:30+00:00 March 21st, 2017|Cloud, Cloud 101, Cloud ERP Selection, ERP, Industrial Equipment Manufacturing|

There is no shortage of competition in the manufacturing industry and industrial equipment manufacturers (IEMs) are increasingly facing off against offshore competitors. In order to quote and price products quickly, IEMs need quick access to reliable production costs. There are product lines and customers to pursue and some to avoid. Profit margins in the manufacturing industry are thinning due to fluctuations in the economy, global competition, and changing customer demands. Not every project or customer will deliver a profit, and that’s a reality many businesses need to face. In order to be confident when making these tough choices and preparing a quote, business leaders must fully understand costs across production. This task becomes difficult when using disparate software systems. By the time data crosses your desk, it could be outdated or, quite simply, wrong because it passed through too many [...]