ERP Quarterly Feature


MetalForming's ERP Update, February 3, 2016

Wednesday, February 3, 2016
ERP Quarterly Newsletter

February 3, 2016
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Our Lead Story
  ERP—the Return on Investment Calculation Exercise    

Evaluating the return on investment (ROI) of a new ERP system can challenge small to midsized manufactures, since assigning dollar values to intangible benefits related to accounting, sales and invoicing can be difficult. This blog post might help companies relate intangibles to more tangible benefits, and then establish numeric values to those benefits to enable a ROI calculation. Review the post to begin your journey of calculating Total Cost of Ownership, and then determining your ERP ROI.

Read All About It
New Business-Management Software for Inventory and Order Management, Costing, Scheduling and More  

MetalForming magazine proudly presents its annual Manufacturing ERP Experience, April 5-6, 2016, in Minneapolis, MN. The event provides a tour of the industry’s leading enterprise-resource-planning (ERP) software systems for small- to midsized manufacturing companies, as well as a complete schedule of informative presentations.

If you’re supplying metalformed and fabricated products, attend this event to learn how new ERP software can help you optimize control of your projects. New ERP software will help your company remain agile, and meet—or even anticipate—the changing needs of your customers.

Among the topics addressed by the keynote presentations on the schedule: tips for selecting the right business-management software for your organization, and how to reduce your software-search time; integrating ERP and CRM data; and how to leverage change management to ensure a successful ERP makeover.

New Software Coming…Are you Ready?

This blog post from Ultra Consultants, linked from our new website, presents eight steps to take in preparing your organization for an ERP project. Among them:

  • Executive support—Your executives should support and be in alignment with your project’s strategy, vision, cost and its risk to your company.
  • Strategy—The proper metrics need to be in place to measure the progress and performance of your project.
  • Project Management—A strong ERP project- management plan is the most influential factor in separating the successful projects from the unsuccessful ones.
  • Project Team—Determine how your project will be structured, from your executives to your site teams. Consider if you are staffing with the best resources for each position, and whether those people will be able to lead business process changes in their area.
Upcoming ERP Events
Key Events & Seminars for ERP professionals. Stay ahead of the curve! > The Manufacturing ERP Experience, Minneapolis, MN - April 5-6, 2016
> FABTECH Canada, Toronto, Ontario - March 22-24, 2016
> Cloud Expo, New York, NY - June 7-9, 2016
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