In today’s challenging business environment, midsize manufacturers are faced with increasing pressures from both domestic and overseas competition—pressures to reduce costs, improve and maintain quality and decrease lead times.
There’s no question that the printed circuit board (PCB) manufacturing market has changed dramatically in recent years. Whereas 30 percent of the world’s production of boards of all types took place in Europe and North America in 2002, by 2007 that market share had declined to 17 percent with the majority of production now coming from China and Japan and with Taiwan, Korea and the rest of Asia increasing production year-over-year.
Managing massive volumes of information requires time and resources—two luxuries that most lean-and-mean businesses simply don’t have enough of today. A cost-efficient solution to this challenge is an Enterprise Resource Planning (ERP) system that allows you to integrate all your management processes into a single, coherent information system.
When evaluating ERP systems for purchase, one important criterion lies in whether customers are looking for an on-premise ERP solution, a cloud-based ERP system, or a hybrid combination of the two.
The search for the right Enterprise Resource Planning (ERP) provider can be stressful, particularly when both the buyer and the vendor get stuck in the features or technical requirements and forget about the bigger picture—what the main business issues are that you actually trying to solve and whether this new investment will actually help you resolve these specific challenges.
People need more than just product information; they also need other kinds of input to make sound accounting and manufacturing software decisions.
Read how Golden Artist Colors Paints gained new competitive advantages after implementing Sage ERP X3.
For most businesses, 2009 presented economic challenges just about all of us simply hadn't seen before, and many companies made the very reasonable choice to limit spending to absolute essentials. But with early signs pointing toward recovery, the reasons to begin investing in your business again are coming back into focus.
As you take advantage of all that a new ERP solution can provide, companies can now also take advantage of all that the cloud can provide. Massive money and time savings, increased flexibility, increased security, and worldwide access are just a few reasons why cloud ERP solutions are sharply on the rise.
Enterprise Resource Planning (ERP) software is one of the more important upgrades ever in business software. It allowed companies to put their entire company under one umbrella, with one program that gave visibility to the entire organization.