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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 companies globalization failures


Mid-market Manufacturers and the New Landscape for Enterprise Resource Planning: Using Technology to Compete
The globalization of discrete manufacturing is forever changing the notion of what a

companies globalization failures  advanced ERP solutions. Worldwide, companies in the mid-market category are extending their operations to new geographies to remain close to their customers and, as a result, are building new facilities. These new manufacturing complexes require ERP systems to run efficiently. Thus, ERP has become essential for discrete manufacturers to operate on the cost scale and global scope that their customers demand. These producers have created an extended market for ERP systems that once were focused exclusively

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » companies globalization failures

10 Warning Signs that Your ERP System Is Killing Your Business


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companies globalization failures  business, and suggests how companies can thrive with a new approach to business systems. Most manufacturers look to their Enterprise Resource Planning (ERP) system to enhance the organization's overall performance. In many cases, the original drivers that led to an ERP selection were to streamline and simplify business processes for a sustainable competitive advantage. So why do so many ERP systems fall short of these goals? In case after case, implementations miss the mark, and instead of delivering Read More

Scala and Microsoft Become (Not So) Strange CRM Bedfellows Part Three: Challenges and User Recommendations


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Production Management Research


Primarily due to rapid development of technology in the past thirty years, the market structure throughout the world has changed considerably. Local markets have become accessible to foreign manufacturers, who are able to perform well in their newly established territories in part due to their superior application of technology. In this light, most companies, including small and medium size, have embedded globalization in their expansion strategies, consistently seeking for new markets abroad. Consequently, local manufacturing companies are facing global competition, forcing them to adopt new concepts with respect to people, process and technologies. This document describes these approaches to production planning in detail as well outlines a software solution. The software solution (Production/3) combines both pull and push techniques and enables small to medium size organizations to fully automate their production system while retaining their investment in their legacy enterprise resource planning (ERP) systems.

companies globalization failures  abroad. Consequently, local manufacturing companies are facing global competition, forcing them to adopt new concepts with respect to people, process and technologies. In 1972, the American Production and Inventory Control (APICS) strongly promoted material requirements planning (MRP) an effort to strengthen the American manufacturing industry and its position in international arena. MRP was hoisted to be the most prevalent production control system on a national level. Only after the success of Read More

Resilient Supply Chains: The Next Frontier


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companies globalization failures  are outsourced, it makes companies more vulnerable. If your contract manufacturer's line goes down, it is your line going down! If your key supplier's design doesn't work, it is your design that's now broken. In the move to extreme outsourcing, we've already seen many stumbles. Throw it over the wall approaches present new challenges to cope with. The globalization of logistics adds yet more risk. Setting aside things like political upheaval or terrorism, just the everyday complexity of multi-mode, Read More

Open letter to companies planning on using Social CRM


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companies globalization failures  letter to companies planning on using Social CRM If you have decided to use social customer relationship management (SCRM) to sell your products or services, you should be ready to adapt to what your customers consider SCRM to be, not vice versa. As I mentioned in my post Social CRM is Dead, Long Live Social Media Flavored CRM , I see the “social” in SCRM as being related to human welfare and not only to social media. Therefore, SCRM should not only allow me to use social media when interacting Read More

Globalization ROI Components


There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives.

companies globalization failures  ROI Components There are many ways to calculate return on investment (ROI) for globalization projects. It’s important to include variables that relate to your company’s products, services, market position, and relationships outside your home market. Though language is an obvious component, there is more involved to making a product tailored for locale-specific opportunities. Learn how to calculate ROI for your globalization initiatives. Read More

The Role of ERP in Globalization


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companies globalization failures  and is causing many companies to re-think globalization strategies. Aberdeen sees the pressures driving globalization to be clearly oriented towards growth and cost reduction, with improved customer service being a consideration but to a much lesser degree (Figure 1). A majority of companies (79%) view global markets as a growth opportunity. Of those seeking to exploit new markets, half are also feeling pressures to reduce cost either by procuring materials from low-cost sources, out-sourcing Read More

IBM Cognos Express: Essential BI and Planning for Midsize Companies


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companies globalization failures  and Planning for Midsize Companies To be agile, managers and business users at midsize companies need timely and accurate information that can drive strategic business decisions. Business intelligence (BI) and planning applications provide this information by increasing visibility into key metrics and improving business processes and decision-making. This datasheet outlines some of the functionality of the IBM Cognos Express BI and planning solution. Read More

Procurement Outsourcing: 10 Things Companies Really Want to Know


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companies globalization failures  Outsourcing: 10 Things Companies Really Want to Know Procurement Outsourcing: The 10 Things Companies Really Want to Know draws upon recent discussions with dozens of companies that are exploring outsourcing services. Jason Gilroy and colleagues draw upon their years of procurement expertise to provide answers to common questions surrounding the outsourcing of procurement services. Read More

Leveling the Field: Powerful Software Solutions for Midsize Companies


Find out more in leveling the field: powerful software solutions for midsize companies.

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Software Companies Running on NetSuite


NetSuite, a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software solutions, has certainly found a sweet spot in the distribution and retail sectors, with a budding manufacturing following as well. The vendor has announced that innovative and fast-growing software companies are also turning to NetSuite for cloud-based business management software

companies globalization failures  Companies Running on NetSuite NetSuite , a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software solutions, has certainly found a sweet spot in the distribution and retail sectors, with a  budding manufacturing following  as well. The vendor has announced that  innovative and fast-growing software companies are also turning to NetSuite  for cloud-based business management software to fuel domestic and global business expansion. These new recen Read More

The Critical Path to Competitive Differentiation for Growing Companies


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How Can Fashion Companies Benefit from Lean Supply Chains?


Fashion companies need to respond quickly and strategically to major changes occurring in today’s global supply chains. Implementing a lean supply chain management strategy can enable cost savings and more efficient operations by realigning process according to a demand-driven model. Lean supply chain management uses Web-based technologies to create and maintain dynamic supplier networks. Such networks are able to deliver the highest customer value at the lowest cost. It also lays the groundwork for the next level of hands-free, wireless radio frequency identification-enabled processes. Intentia, in cooperation with industry experts, have written a series of thought leadership white papers on the concept of implementing lean supply chain in the fashion industry. The first of this series, “Lean Is Fashionable”, explores the impact of lean practices in the fashion and apparel industry during a period of momentous change.

companies globalization failures  Can Fashion Companies Benefit from Lean Supply Chains? Fashion companies need to respond quickly and strategically to major changes occurring in today’s global supply chains. Implementing a lean supply chain management strategy can enable cost savings and more efficient operations by realigning process according to a demand-driven model. Lean supply chain management uses Web-based technologies to create and maintain dynamic supplier networks. Such networks are able to deliver the highest customer Read More

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companies globalization failures  to Insight for Midsize Companies Using In-memory Analytics In-memory analytics provides midsize companies with a faster, more flexible, and arguably lower-cost way of accessing and processing information, allowing users to get answers to business questions in seconds rather than hours. By virtue of its high-performance architecture, in-memory has the potential to help midsize organizations become more informed, and respond quicker to changing market conditions. Find out more. Read More