Manufacturers of today are focused on growing revenues and cutting costs for increased profits. Companies are largely committed to investing in product innovation and expanding in emerging markets. Innovation is transforming manufacturing. Rapid technology changes mean manufacturers must be more flexible, agile, and adept at addressing issues.
The world of manufacturing is drastically changing, requiring next-generation
software solutions to keep pace. As business and market conditions become more complex, making informed decisions is more involved and time consuming. The automated processes and easy-to-use analytical tools of today’s flexible ERP systems speed this process.
Companies using an ERP system also report these gains in capabilities:
Standardize enterprise-wide procedures (77%)
Conduct demand planning and forecasting (43%)
Cross functional continuous improvement (53%)
Real-time visibility into all processes (48%)
Ability to share integrated data across the enterprise (44%)
Explore and learn more on the Future of Manufacturing and see for yourself how ERP solutions can optimize Manufacturing operations by going through the below: