Posted in Cloud ERP on October 31, 2012
Though most companies prefer on-premises software providers, that’s changing rapidly, according to Ventana Research. An article by the organization found software deployment preferences vary from department to department, not company to company. IT and finance departments support on-premises providers, likely because of security concerns.
Posted in Financial Management on October 30, 2012
Whether defining procurement functions in your organization, making incremental improvements or maturing your company to a world-class level, there are several key factors to a successful procurement transformation. A Spend Matters article says procurement isn’t an area to cut cost if you want to run a profitable business.
Posted in Cloud ERP on October 29, 2012
Cloud ERP solutions “stand as the backbone of a manufacturing organization,” according to a Smart Data Collective article. Integrated cloud solutions have great business value for the manufacturers. The anytime, anyplace, anywhere access allows for up-to-date, real-time figures on inventory, work in progress and finished goods.
Posted in Cloud ERP on October 26, 2012
A two-tier ERP system can help avoid the information silo that tends to happen with the subsidiaries of larger companies, according to an All Things D article. New software by NetSuite connects to Oracle’s E-Business Suite, an appealing move for larger companies and subsidiaries. These unite to run a mixture of ERP systems.
Posted in Subcontract Manufacturing Trends on October 25, 2012
In a shift Industrial Supply magazine calls a “manufacturing renaissance,” more manufacturers are moving production facilities closer to their customer bases in the U.S. due to rising labor costs, transportation and energy costs, exchange rate fluctuation and availability of funding. To adapt, organizations must embrace technology.
Posted in Cloud ERP on October 24, 2012
How do you get the best value out of cloud solutions? By combining cloud applications and cloud infrastructure, according to a Smart Data Collective article. Cloud applications are often defined as those that run as client-server applications in the cloud, but true cloud applications represent the easiest route when it comes to updating.
Posted in Cloud ERP on October 23, 2012
Posted in Financial Management on October 22, 2012
Do your purchasing employees spend each corporate dollar as if it was their own? That’s a strategy Supply & Demand Chain Executive says should be key to your procurement department. Using an ERP system will increase visibility across the entire business, vital since most departments don’t communicate.
Posted in Subcontract Manufacturing Trends on October 19, 2012
Technology is moving manufacturing and entrepreneurship at a fast pace, changing the speed at which a company can get started, funded and turned into a competitive marketplace player. A CBS Detroit article says the future of the manufacturing industry isn’t in building more factories, but with twentysomethings who raise money through crowdfunding.
Posted in Subcontract Manufacturing Trends on October 18, 2012
Will robots help or hurt the American manufacturing industry? The answer is unknown, according to a Time Magazine article. As manufacturing jobs come back to the U.S. through “reshoring,” robots could be used to perform the menial tasks outsourced to other countries. Companies can use robots to become more competitive and cut costs.