September Blog Series: Debunking Myths
Insights from: Realize the Value of ERP by Leveraging Its Data (Whitepaper)
Data is an integral and powerful part of an ERP system like Microsoft Dynamics AX, and it can provide valuable insights and predictions to the user if implemented properly.
However, many manufacturers falter by assuming that purely employing ERP software will produce desired results.
According to Sean Culey, a member of the Supply Chain Council's European leadership Team, "Accurate and timely data can enable rapid, incisive decision making, whilst poor and inaccurate data slows down everything, [creating] excess management, duplication, and indecision. Many businesses use tools like ERP as transactional recording devices to capture what they have done, rather than pour their intelligence into the system so it can plan what they should do."
Proper ERP implementation and understanding delivers measurable benefits for manufacturers looking to leverage data for current and future operations.
Manufacturing businesses that understand ERP implementation goes beyond a software project receive the greatest competitive advantage.