10/5/15 2:33 PM
Whether you’ve managed a business in the past or currently manage one today, you have most likely heard of Enterprise Resource Planning or ERP. This industry term for the broad set of activities which help an organization manage its business entered the manufacturing lexicon in the early 60s. An outgrowth of MRP (manufacturing Resources Planning) this software facilitates flow of information to enable data-driven business decisions.
Implementation of ERP software comes highly recommended. Its ability to streamline mission-critical components across departmental channels makes this software an optimal choice for managers. However, the perceived stresses surrounding ERP deployment too often prevent those in need to give it a fair shot.
Microsoft attempted to solve these issues with their ERP release, Dynamics AX. The multi-language, multi-currency, industry specific ERP supports operational and administrative processes for organizations in manufacturing, retail, service industries and the public sector. With more and more businesses implementing ERP software, it’s important to determine whether or not deployment worked.
An independent consulting firm, Panorama Consulting, investigated several larger ERP Vendors (including Microsoft AX) and found businesses’ overall experience leaned toward the positive side:
Specifically, customer satisfaction and experience with Microsoft Dynamics AX featured more positive feedback than SAP or Oracle (two of the more common systems). Users experienced the highest percentage of benefit realization and fastest implementation time with Dynamics AX.
Industry experts agree on the indispensability of a good ERP system in the modern economic scenario. It’s advantageous for businesses trying to improve their financial reporting and overall efficiency. According to the Corporate Communications at Microsoft this year, out of the businesses that implemented ERP software:
Nowadays, much of the hassle involved in ERP implementation no longer exists. Instead it provides a solid operational backbone manufacturers and production managers require to improve the volume of production and meet consumer demands while reducing costs. In this optimization of your manufacturing operations with ERP, you’ll soon discover the freedom to focus on new business opportunities. As a result, your business’ room for growth vastly expends.