Three quarters of manufacturing companies have some form of ERP now, and almost half of them are driven by cost saving.
This report examines why manufacturing companies implement ERP, the criteria of selection and the strategies to achieve the Best-in-Class performance.
Key takeaways:
- 84% of Best-in-Class companies using ERP have standardized cash processes, while only a third of companies without ERP have done that
- 74% used cross functional teams to select and manage the ERP implementation
- ERP systems older than 15 years are usually going to suffer from lack of integration, modern programming tools and tend to have 30% higher administrative costs associated with them
- Best-in-Class companies are more than twice as likely as all others to measure and continue to measure their ERP performance
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