We have visited all the ERP functional areas during this journey and discovered how Artificial Intelligence gives its strength in suggestions, automation, and metric calculation, empowering every specific operation. In this chapter, we will flush out how AI … Continued
The ERP’s Project Management area enables the company to shape, follow, and predict long term plans. It delivers efficient orchestration of resources and actions for adapting to the occurrences happening during the project’s development. The human feeling in … Continued
Human capital is a crucial area in the ERP because it represents the engine of the company. Lately, some organisations have started a new strategy in recruiting involving AI. Alternatively, people management needs always the usage of human … Continued
During my many years in ERP implementation, I have observed this. Many companies approach ERP Implementation from a project mindset, not with a transformational vision. What is the difference? Project mindset asks the question ‘How do I complete this project’. … Continued
The best way to fail at an Enterprise Resource Planning (ERP) implementation is to choose the wrong software up front. Choosing software without following some basic guidelines is a sure-fire method for disaster. Probably the worst thing that someone has … Continued
Financial management is the primary area of an ERP. It provides the tools for letting your company perform its work. Money availability is essential for personnel wages, for purchasing items to be sold, for parts you need to assemble … Continued
The service and maintenance area of the ERP is responsible for keeping up customer satisfaction minimising their downtime. Also, it assures the standard level of functionality by performing maintenance plans. On the other hand, it involves order management, … Continued
The logic of stocks is complex. Starting from the management of (non-) perishable items with techniques like LIFO (Last-In-First-Out) or FIFO(First-In-First-Out), continuing with logistic costs, going ahead with lost, damaged, stolen or expired items, etc. The warehouse people … Continued
Optimising the bill of materials is a constant work in progress. Because of articles that supplier sometimes changes, sometimes evolves, sometimes dismisses. On the other hand, you also want to cut costs and adapt some of your items to more … Continued
The purchasing area inside a company is pretty delicate. It involves investments, can cause delays or can bring to wasting unsold items that become outdated. The human feeling in choosing the time, the quantities and the supplier is the … Continued