What if you had no idea how much debt you had? It would be an uncomfortable position to be in, not knowing how much it was costing, or to what degree it was preventing your company from making operational improvements. And what if anyone in your organisation could rack up debt without approval? This [...]
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So far Michael Cloutman has created 24 blog entries.
At the heart of Industry 4.0 is the smart factory where machine intelligence, advanced networking, and real-time controls offer manufacturers great competitive power. Through these technological advancements, manufacturers can respond to disruptive trends, get ahead of operational challenges such as equipment maintenance and factory downtime, enter new markets and deliver high quality products. Futuristic technologies [...]
In this article, we’ll finalise the business case process and look at ways that the business case can improve ERP project success. We’ll also address the topic of project risk so that your decision-makers will know that this hasn’t been overlooked. Step 7. Wrapping it up for presentation Highlight the key themes in the [...]
Process – the key to developing your ERP system’s business case In the previous episode we discussed the importance of process in developing a high-quality business case and examined the first 4 steps of the process. In this article we’ll discuss the difference between “hard” and “soft” business benefits, as well as the final [...]
Process – the key to developing your ERP system’s business case Businesses are driven by processes. In Banking, for example, there's a defined process for opening savings accounts for new clients. If that process isn't followed, then inefficiency and errors will result. Processes make complex tasks simpler, resulting in predictable and higher quality outcomes. [...]
The Platform Economy, Digital Transformation, the Internet of Things, and Artificial Intelligence are exciting new business models and technologies that are changing the way the world does business. Your core business platform – ERP – will stand at the centre of these technologies. But is it modern enough to work in the new world of [...]
If you’ve been running your distribution business on whiteboards, pieces of paper, computer spreadsheets, or using a standard ERP system then you may already be considering a system that understands the challenges of your industry. But in a tight economic climate, how do you justify the upgrade and adoption of a new system? What [...]
If you’re replacing or upgrading your enterprise resource planning (ERP) system, you may be considering whether you will host it On-Premise or in the Cloud. Until recently On-Premise ERP was the standard, but Cloud-based ERP systems are becoming increasingly popular. Which one is right for your organisation? In this article, we’ll look at three [...]
By transforming and adopting a platform business model, traditional companies can re-emerge as strong competitors in the Platform Economy. But so far this has not been happening very quickly. While more than 30% of global economic activity — some $60 trillion — will be mediated by digital platforms in six years’ time, only 3% of established companies have [...]
Platform businesses outperform value chain businesses because of their superior economics and the value of network effects. As a result, platform businesses are growing faster, and taking leading positions in industries once dominated by value chain businesses. However, as the following case study demonstrates, the ability to leverage platforms is not limited to the upstarts [...]