Sap erp and oracle erp alternatives for small manufacturersMRPeasy
On many occasions, the most recognized systems with the highest market share, such as SAP ERP or Oracle ERP, are the chosen ones. But at the same time, there are many alternatives that can offer cost-effective solutions for small manufacturers.
#saperp #erp #mrp #mrpeasy #manufacturing #manufacturingsoftware #oracleerp #smallmanufacturing #erpsoftware
Read how Lenovo configures a pricing makeover and aims for greater organizational consistency and market responsiveness with SAP Price and Margin Management by Vendavo
Market Research Report : Erp market in india 2015 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribes’ latest market research report titled ERP Market in India 2015 describes the dynamics of ERP implementation in India. ERP is designed for centralized monitoring of business operations, accurate financial management and to improve work productivity. Indian firms place a high demand for SaaS-based ERP solutions, which currently account for about 10% of overall ERP requirement in the country. ERP comes in several modules including finance or accounting, HR and payroll, sales and marketing, inventory management, purchase, among others. Implementation of ERP involves certain key decision-making steps such as identification of business needs, process evaluation, compilation of data, training and testing, installation and evaluation.
Demand for ERP in India is driven by certain key advantages of enterprise IT solutions, including efficient stocking of merchandise, collection of consumer data andenhanced connectivity with the help of tools such as Electronic Data Interchange (EDI), among others. SMEs have shown considerable interest in ERP application as well, with majority of them believing that cloud adoption is important to drive business success. However, lack of IT training and less awareness regarding product features and benefits have limited the growth of ERP market in India. Market opportunities exist in different industry sectors such as banking and financial services, retail and healthcare as well as SMBs to drive optimal resource utilization, but ERP companies in India need to come up with more simplified user interfaces and ideas to capitalize on mobile commerce.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2011-12 – 2014-15), Inflation Rate: Monthly (Jul-Aug 2013 – Nov-Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Apr 2014 – Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 – 2014-15), Trade Balance: Annual (2010-11– 2013-14), FDI: Annual (2009-10 – 2012-13)
Introduction
Slide 5-11: Introduction
Market Overview
Slide 12: Market Overview – Global
Slide 13-16: Market Overview – India
Drivers and Challenges
Slide 17: Drivers and Challenges – Summary
Slide 18-22: Drivers
Slide 23-24: Challenges
Key Developments
Slide 25-26: Key Developments
Competitive Landscape
Slide 27: Porter’s Five Forces Analysis
Slide 28-31: Competitive Benchmarking
Slide 32-35: Major Public Players
Slide 36-63: Major Private Players
Market Opportunities
Slide 64-75: ERP Opportunities in Different Industry Sectors
Strategic Recommendations
Slide 76-78: Recommendations
Appendix
Slide 79: Key Ratios Description
Slide 80: Sources of Information
Sap erp and oracle erp alternatives for small manufacturersMRPeasy
On many occasions, the most recognized systems with the highest market share, such as SAP ERP or Oracle ERP, are the chosen ones. But at the same time, there are many alternatives that can offer cost-effective solutions for small manufacturers.
#saperp #erp #mrp #mrpeasy #manufacturing #manufacturingsoftware #oracleerp #smallmanufacturing #erpsoftware
Read how Lenovo configures a pricing makeover and aims for greater organizational consistency and market responsiveness with SAP Price and Margin Management by Vendavo
Market Research Report : Erp market in india 2015 - SampleNetscribes, Inc.
For the complete report, get in touch with us at: info@netscribes.com
Abstract :
Netscribes’ latest market research report titled ERP Market in India 2015 describes the dynamics of ERP implementation in India. ERP is designed for centralized monitoring of business operations, accurate financial management and to improve work productivity. Indian firms place a high demand for SaaS-based ERP solutions, which currently account for about 10% of overall ERP requirement in the country. ERP comes in several modules including finance or accounting, HR and payroll, sales and marketing, inventory management, purchase, among others. Implementation of ERP involves certain key decision-making steps such as identification of business needs, process evaluation, compilation of data, training and testing, installation and evaluation.
Demand for ERP in India is driven by certain key advantages of enterprise IT solutions, including efficient stocking of merchandise, collection of consumer data andenhanced connectivity with the help of tools such as Electronic Data Interchange (EDI), among others. SMEs have shown considerable interest in ERP application as well, with majority of them believing that cloud adoption is important to drive business success. However, lack of IT training and less awareness regarding product features and benefits have limited the growth of ERP market in India. Market opportunities exist in different industry sectors such as banking and financial services, retail and healthcare as well as SMBs to drive optimal resource utilization, but ERP companies in India need to come up with more simplified user interfaces and ideas to capitalize on mobile commerce.
Table of Contents :
Slide 1: Executive Summary
Macroeconomic Indicators
Slide 2: GDP at Factor Cost: Quarterly (2011-12 – 2014-15), Inflation Rate: Monthly (Jul-Aug 2013 – Nov-Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Apr 2014 – Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 – 2014-15), Trade Balance: Annual (2010-11– 2013-14), FDI: Annual (2009-10 – 2012-13)
Introduction
Slide 5-11: Introduction
Market Overview
Slide 12: Market Overview – Global
Slide 13-16: Market Overview – India
Drivers and Challenges
Slide 17: Drivers and Challenges – Summary
Slide 18-22: Drivers
Slide 23-24: Challenges
Key Developments
Slide 25-26: Key Developments
Competitive Landscape
Slide 27: Porter’s Five Forces Analysis
Slide 28-31: Competitive Benchmarking
Slide 32-35: Major Public Players
Slide 36-63: Major Private Players
Market Opportunities
Slide 64-75: ERP Opportunities in Different Industry Sectors
Strategic Recommendations
Slide 76-78: Recommendations
Appendix
Slide 79: Key Ratios Description
Slide 80: Sources of Information
Future directives in erp, erp and internet, critical success and failure factorsVarun Luthra
This ppt explains Future Directives in ERP, ERP and Internet, its critical success and failure factors, Hit 'Like' button if the ppt turns out to be useful for you in any way. Enjoy :)
ERP software has been growing at high speed in past years. Now, let's take a look at the top five consequential trends in ERP software for 2015. To get more details, Visit: http://www.controlerp.com
If you want genuine ERP software development service provider in Greater Noida then Softgains is the best place where you can get best ERP software development services at best prices and softgains is also the place you can trust as softgain has an excellent record for providing ERP software development services to its coustomers without coustomer facing any problem
https://www.softgains.com/best-erp-software-company-delhi-ncr.php
Enhance your digital strategy with SAP Solution Extensions .
Get interesting snippets into the impact that SAP Solution Extensions is making in today's world and how they help the world run simple and agile.
Meet your digital transformation needs and complement the SAP software you already have in place – with SAP Solution Extensions. Developed by our partners and rigorously tested, these extensions are built into SAP’s long-term road map, so you can expect lasting ROI. And don’t worry about complicated software support. The SAP ONE Support program keeps delivery simple and consistent for all of your solutions.
Accelirate Inc. has created a guide for getting started with artificial intelligence. From enterprise use cases, to the technology involved, and even how to build a world class RPA and AI team, everyone can benefit from this all-inclusive guide to AI.
Presentation from State of Iowa's Cost Transparency Journey at ITFM Week 2014Apptio
IT Cost Transparency is not about what does IT cost? It’s about why does IT cost what it does and how can they use their money and other resources to create more value.
LogixGrid ERP is cloud based SaaS ERP for logistics industry. Logixgrid ERP will provide the unique benefits which is primary requirement of every business man such as cost effective, auto updates, scalable, reliable, data security, easily integration and implementation and many more. All this you will get in cloud platform. LogixGrid ERP is multi tenant and multi language system.
Innovation webinar - Three ways erp will change - dan matthewsIFS
Compared to those used in the 90’s, today’s ERP systems have many things in common—but also significant differences. In this webinar you are welcome to listen to IFS Chief Technology Officer Dan Matthews talk about three ways in which ERP will change over the next 15 years.
Future directives in erp, erp and internet, critical success and failure factorsVarun Luthra
This ppt explains Future Directives in ERP, ERP and Internet, its critical success and failure factors, Hit 'Like' button if the ppt turns out to be useful for you in any way. Enjoy :)
ERP software has been growing at high speed in past years. Now, let's take a look at the top five consequential trends in ERP software for 2015. To get more details, Visit: http://www.controlerp.com
If you want genuine ERP software development service provider in Greater Noida then Softgains is the best place where you can get best ERP software development services at best prices and softgains is also the place you can trust as softgain has an excellent record for providing ERP software development services to its coustomers without coustomer facing any problem
https://www.softgains.com/best-erp-software-company-delhi-ncr.php
Enhance your digital strategy with SAP Solution Extensions .
Get interesting snippets into the impact that SAP Solution Extensions is making in today's world and how they help the world run simple and agile.
Meet your digital transformation needs and complement the SAP software you already have in place – with SAP Solution Extensions. Developed by our partners and rigorously tested, these extensions are built into SAP’s long-term road map, so you can expect lasting ROI. And don’t worry about complicated software support. The SAP ONE Support program keeps delivery simple and consistent for all of your solutions.
Accelirate Inc. has created a guide for getting started with artificial intelligence. From enterprise use cases, to the technology involved, and even how to build a world class RPA and AI team, everyone can benefit from this all-inclusive guide to AI.
Presentation from State of Iowa's Cost Transparency Journey at ITFM Week 2014Apptio
IT Cost Transparency is not about what does IT cost? It’s about why does IT cost what it does and how can they use their money and other resources to create more value.
LogixGrid ERP is cloud based SaaS ERP for logistics industry. Logixgrid ERP will provide the unique benefits which is primary requirement of every business man such as cost effective, auto updates, scalable, reliable, data security, easily integration and implementation and many more. All this you will get in cloud platform. LogixGrid ERP is multi tenant and multi language system.
Innovation webinar - Three ways erp will change - dan matthewsIFS
Compared to those used in the 90’s, today’s ERP systems have many things in common—but also significant differences. In this webinar you are welcome to listen to IFS Chief Technology Officer Dan Matthews talk about three ways in which ERP will change over the next 15 years.
Acumatica is the fastest-growing provider of adaptable Cloud ERP applications for SMBs. Acumatica is the only secure, cloud- and browser-based small solution that adapts to your business. Financial, distribution, CRM and project accounting suites are optimized for ease of use, adaptability, speed, and security.
HPAPI DS/DP Manufacturing - Industry TrendsDrReddysCPS
HPAPI DS/DP manufacturing - trends in the pharma industry, a presentation delivered at Informex 2015 by CPS' Dr. Aaron Heiss, Senior Technology Manager.
EffiaSoft provides enterprise grade and customizable Enterprise Resource Planning (ERP) software on Cloud and Mobile platform with the B2B networking platform for the SMEs.
EffiaSoft came up with innovative technology frameworks such as metadata based rapid development framework, template based business process automation, run-time customizable user interface, integrated Business Intelligence, multi-language framework and service oriented architecture enables users to customize Effia ERP solution even on Public Cloud very easily and also reduces the implementation cost and time.
EffiaSoft's unique Supply Chain B2B networking platform on Public Cloud enables corporates to transact with their suppliers, customers and business partners on real-time with Mobile App, B2B portals, integrated SMS and Email notifications.
QAD OnDemand Cloud ERP Benefits InfographicVinh Nguyen
QAD OnDemand Cloud ERP Benefits Infographic
Contact us anytime: Think Next - QAD Partner in Vietnam
Website: http://www.thinknext.vn
Forum: http://www.thinknext.vn/diendan/index.php?threads/qad-cloud-on-demand-and-benefits-erp.275/
Could your manufacturing firm benefit from configurable Cloud enterprise resource planning (ERP)?
This presentation tells manufacturing firms of all sizes the six tell-tale signs that they need to consider ERP, and highlights the benefits of configurable Cloud ERP, including:
- boosting productivity
- centralizing operations
- empowering employees
- reporting on performance
- improving bottom line growth
For more information, visit http://manufacturing.keyedin.com
• 3. The 3 Models of SaaS Pricing1How to Pick the Best Price28 Pricing Hacks3How to Test New Pricing4We’ll cover...
• 4. Model 1: Targeting Small Businesses1
• 5. Self-service, no sales team, limited support
• 6. Pricing in the $10 - $100/month rangeThis mean you need to focus onscale and acquiring customerscheaply.
• 7. Similar companies
• 8. Model 2: Targeting Enterprise2
• 9. Sales team, contracts, full support
• 10. Pricing is $1,000s or $10,000s/monthVery little is automated, your teamwill be working very closely witheach customer.
• 11. Similar companies
• 12. Model 3: The Mid-Size Hybrid3
• 13. Automated marketing with a sales team
• 14. Pricing is $100’s/monthYou’ll need to scale your leads butyou’ll have a full sales team toclose them.
• 15. Similar companies
• 16. Pick the right price range for your vision
• 17. 2 Bad Methods for Pricing
• 18. 1. Product cost + X%You’ll undercharge somecustomers and overcharge others.
• 19. 2. What does the customer want to pay?People have no idea until you askthem for their credit card.
• 20. Pricing by Value
• 21. Value-Based PricingYour customers get value worth $Yand it only costs them $X.
• 22. For B2B, focus on money earned or saved
• 23. How much extra revenue do they earn?1How many hours do they save?2What other costs do they avoid?3Ask your customers:
• 24. Capture more value from each customer.
• 25. There’s no such thing as a perfect price.If you need more guidance, pick aprice that’s 10% of the valuedelivered.
• 26. 8 Pricing Hacks8
• 27. Rule 1: Go AnnualYou’ll improve cash flow, reduceyour churn, and improve yourrevenue.
• 28. Rule 2: Don’t Add Unnecessary Digits$1000 looks cheaper than $1,000or $1000.00
• 29. Rule 3: Avoid Discounts Unless LaunchingDiscounts create destructivecustomer habits. Do not use themregularly.
• 30. Rule 4: Offer Multiple Prices to Anchor
• 31. Rule 5: Use pricing plans to segment customers.Different customer types getdifferent value from your product.Capture that value.
• 32. Rule 6: Double Your PriceWe all tend to UNDERvalue our ownservices.
• 33. Rule 7: Be Careful With Freemium PlansVery difficult to make it work in B2Bmarkets.
• 34. Rule 8: Grandfather Old Customers InAs long as you don’t raise pricesfor old customers, you won’t getany complaints.
• 35. These are rules, not laws.
• 36. How to Test New Pricing - 4 Steps
• 37. Step 1: Track subscription plans for all customersSubscription plans1Each monthly charge2Any cancelations3Access to total revenue, averagerevenue per user, and churn4
• 38. Step 2: Launch Your New Pricing Page
• 39. Step 3: Track your entire funnel
• 40. Step 4: Track ARPU and churn
• 41. KISSmetrics helps you find the right priceConnects all data to individual people1A/B tests for your entire funnel2See which plans are most profitable
• 3. We’ll cover...1 Right and wrong ways to pick a price2 The two stages of pricing3 7 rules to give your pricing the edge
• 4. Price has a MASSIVE impact on your business.
• 5. Bad Methods for Pricing
• 6. 1. Product cost + X% You’ll undercharge some customers and overcharge others.
• 7. 2. What does the customer want to pay? People have no idea until you ask them for their credit card.
• 8. Pricing by Value
• 9. Value-Based Pricing Your customers get value worth $Y and it only costs them $X.
• 10. Why does this work? People cannot perceive absolute value, only comparative value.
• 11. Some value is easy to calculate...
• 12. Other value isn’t...
• 13. Pricing - Stage 1 1
• 14. Stage 1 is all about the unknown. Customers don’t understand your product and you don’t understand your customers.
• 15. This is before product/market fit.
• 16. The price you pick won’t be the best.
• 17. Your goal = prove that the product can be sold.
• 18. Pricing - Stage 2 2
• 19. This is your growth stage.
• 20. Time to optimize your price. You’ll need a deep understanding for how your customers use your product.
• 21. Interview your customers
• 22. The ideal price is... Just high enough to need consideration but low enough to still provide plenty of value.
• 23. What if you have different customer segments?
• 24. Separate segments with features. Price sensitive customers get limited plans, value sensitive customers get the VIP plan.
• 25. For this to be successful... You need to talk to your customers and understand the benefits they need the most.
• 26. Capture the full value from each customer type.
• 27. Bidsketch Case Study - Old Pricing
• 28. Bidsketch Case Study - New Pricing
• 29. Bidsketch Case Study - Results1 Doubled average revenue per customer2 Only a slight drop in conversions3 No impact on churn Google “bidsketch pricing post”
• 30. Seven Rules for Pricing 7
• 31. Rule 1: End with a 9 $39 or $37?
• 32. Rule 2: Make Your Price Short $1,000.00 or $1000?
• 33. Rule 3: Anchor Your Price 1 That product is $100, this is only $10 2 Was $150, now only $80 3 Value of $1500, selling for only $150
• 34. Rule 4: Offer Multiple Prices
• 35. Rule 5: Double your Price People tend to UNDERvalue their services.
• 36. Rule 6: Be Careful With Freemium Plans Very difficult to make it work outside of mass markets.
• 37. Rule 7: Grandfather Old Customers In As long as you don’t raise prices for old customers, you won’t get any complaints.
• 38. These are rules, not laws.
• 39. Your 3 Tools for Getting It Done
• 40. 1. The Customer Interview
• 41. 2. A/B Testing
• 42. 3. Customer Analytics
• 43. KISSmetrics helps you find the right price 1 Know who to interview 2 Get A/B results from your whole funnel 3 Track WHO’s doing what
In this presentation, we will analyze the strength and weakness of ERP systems. Implementation cost, investment required, hidden costs and benefits of implementing ERP will also be covered in this presentation. We will discuss advantages and disadvantages of ERP and analyse the reason behind the failure of ERP in some specific projects.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
As a leading Open Source enterprise software development company in USA, Corelynx provides high end software solutions based on the requirements of the client global.
ImpactECS and SAP for Manufacturing eBook3C Software
For manufacturing companies, the ability to calculate and analyze the cost of the products you build and sell is the key to understanding your company's profitability. Learn how we help companies leverage the information they have in SAP to build accurate and detailed cost and profitability models that expose true profits.
SAP & ImpactECS for Manufacturers - Costing and ProfitabilityMichele Self
For manufacturing companies like yours, the ability to calculate and analyze the cost of the products you build and sell is the key to understanding your company’s profitability. If your company has complicated manufacturing processes, large product catalogs, or multiple production facilities, the ability to calculate costs can be a challenging proposition.
Is your erp doing well to your businessCeline George
Is your ERP doing well to your business? This blog defines you the key signs that signify it’s time for your business to move to another ERP framework.
An ERP software has turned into an indispensable tool for businesses as it caters to all business needs and functions. An ERP scales across the different business from Manufacturing to Sales, Accounting to Human Resource, Customer Relations to Trading and many more. For example in the manufacturing industry, the absence of ERP forces the business to deploy multiple applications to handle the internal business communication, which turns out to be costlier and chaotic.
A powerful integrated ERP can ensure a comprehensive and structured business run for no doubt. It enables with every kind of interactions like marketing, sales, accounting, quality control, processing, and human resourcing to a single database eliminating the occasional loss of information like before. An ERP software also automates the business processes by placing them into a useful format that is standardized and common for the whole business industry.
The 2012 ERP Buyers Guide from Software Shortlist provides an overview of leading ERP providers, together with expert commentary and advice to help you make the right decision, including articles on:
> A business-driven approach to software selection
> Benefits & pitfalls of ERP systems
> Advice for a successful ERP implementation
The Buyers Guide also includes detailed profiles of 20+ leading ERP vendors.
Accelerate your selection process by downloading the ERP Buyers Guide from Software Shortlist.
7 steps to choosing the right erp for a small manufacturing businessMRPeasy
Are you on a hunt for a new manufacturing ERP system or are you considering changing your current system that does not answer your requirements? We have a guide for you to make your life easier.
Enterprise Resource Planning (ERP) is a type of software that firms use to manage their day-to-day business activities like accounting, procurement, project management, risk management, compliance, and supply chain operations.
CARGOES Runner from DP World offers leading edge technology, in easy-to-use formats, to deliver significant improvements in control, visibility, transparency and cost efficiency right across freight forwarding operations, end-to-end.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
Why Should You Invest In A Cloud ERP System?
1. Why Should You Invest In A Cloud ERP System?
There have been a series of articles on this subject and the topic is
covered in almost every software manufacturer?s PowerPoint presentation to a new prospect. There
are many reasons, usually written in upper level business-speak about growing revenues, creating
business efficiencies, aligning the various departments of a company into a cohesive unit and so on.
Lofty goals all.
The truth is that every company has a unique set of circumstances and will require its own way to
justify a major project. In general, a good approach is to look at the investment from both a
quantitative and qualitative perspective.
http://www.learnleanlogistics.com/five-features-of-ideal-inventory-management-systems/
Let?s begin with the quantitative. The first thing most companies examine is how much inventory
reduction they will obtain with an effective ERP system. Industry analysts generally agree that
between a 20 to 30 percent reduction is achievable with improved management of raw material,
parts, WIP and finished goods. Even if the incremental improvements are only 10 to 15 percent, this
still results in significant savings.?
Forecasting and scheduling improvements resulting from an effective ERP system will have a
positive impact on purchased materials and components.? With the ability to provide firmer
commitments with predictable lead times to the company?s vendors, purchasing departments can
negotiate better terms which can lead to five percent reductions.
An area often overlooked is the direct labor and indirect labor costs in the production area. Direct
labor savings flow from improved scheduling that balances workload and minimizes overtime. If a
manufacturing firm is currently using a combination of QuickBooks and spreadsheets, they will be
shocked on how much time is being spent feeding the spreadsheet system and emailing documents
to substitute as a work flow system. Indirect labor savings resulting from modern ERP systems add
up quickly. Most industry analysts believe that a ten percent reduction in labor costs is easily
achievable.
2. The last quantitative area to discuss is accounts receivable. With a manufacturer?s ability to product
error free and timely invoices, the turns on receivable can be improved around five percent,
resulting in a significant improvement in cash flow.
Again, each company is unique. If a company has years of experience in implementing incremental
manufacturing operations improvements, it may see savings below industry averages. On the other
hand, if the company has been growing and using minimal production support systems, it may see
higher than average savings. Some companies may find other areas of the business may yield
significant cost savings. The best advise when developing the economics is to be consistent, be
realistic and develop a real world narrative around each savings category.
Qualitative Benefits of a Cloud ERP System
Now, let?s focus on the qualitative approach to making the ERP case. The best examples I can give
are the reasons our last ten new customers gave us for implementing our Cloud ERP solution. There
were basically two main groups of customers and all used salesforce.com?. If the company was
smaller and growing, they were previously using spread sheets or very simple ERP packages that
they had outgrown.
?We had been running all of our reports in QuickBooks,? reports Northeast Lantern Vice President
Christopher Heal. ?We then needed to take the various reports, export them into Excel and
formulate a single new report just to find the information we needed. Nonetheless, we still didn?t
track inventory or have a snapshot of our production flow. Manufacturing ERP will now help us do
that, which will mean our customers will be able to get product faster.?
If the customer was larger, it had been using an on-premise ERP system that was no longer
providing the help that they needed. A company with multiple divisions and differing ERP systems
cannot obtain the global deployment and integrations of systems that it needs to be competitive. The
cost/benefit analysis for a new Cloud based enterprise-wide system will often show significant
economic advantages over maintaining multiple On Premise ERP versions and their required
interfaces, conduits and translators.
We then found three main features/benefits that encouraged prospects to become customers.
Leveraging salesforce.com and Force.com
Salesforce.com customers and users want solutions that hook into their presently installed software.
But, that?s not enough. They need a Cloud ERP that also provides the integrity, robust performance
and flexibilities that traditional ERP provides.
Wilshire Coin is such a company. According to Zach Scott, Wilshire Coin operations manager, the
company was advised to look into salesforce.com. The management team liked the concept of multi-
3. person access to the data from anywhere in the world. As a result, Wilshire Coin became a
salesforce.com user. They then hired a consultant to help them pick the right ERP to help with their
other needs.
A larger organization wanted Cloud ERP to replace its on-premise legacy ERP software and
consolidate all of their key metrics onto the Force.com?platform, considered by many to be the most
powerful and flexible platform for business enterprise applications.
Lastly, domestic custom accessories manufacturer Unionwear wanted to convert its salesforce.com
quotes and? opportunities into sales orders with fully configured bills of materials and routings,
automating planning, procurement, inventory, manufacturing shop floor control and scheduling,
product costing, productivity analysis and financial management processes, providing end-to-end
process improvements, cost reductions and improved customer responsiveness.
Naturally, in all
three situations, the
ERP needed to
interface easily with
salesforce.com
and/or Force.com.
From that point on,
the reasons to
decide to sign up
were dependent on
the package?s
capabilities and how
the software
manufacturer could
perform for them.
Customization is Key
Most small
companies do not
have the resources
to develop and
maintain all of the
features their
growing businesses demand. Off the shelf software does not allow the customizations and
integrations they need and they do not want to get caught into a future legacy problem.
However, It makes little sense for an owner of a smaller business to invest in a new Cloud ERP if the
new software won?t provide the answers needed that are so sorely wanted from the present
elementary system. To spend more money to be in the same vacuum of information is simply a waste
4. of money, even though it might interface with salesforce.com. Yes, there might be some
improvements but not enough to force a solid payback on the new ERP.
The same holds true for larger concerns. With the supply chain now being global, additional
importance is placed on certain features of ERP, such as multi-plant inventory, planning and
tracking of freight and landed costs, plus having to track consigned inventory and sub-contract
expenditures. Increased machine automation in some industries means that they require more
analysis regarding the cost of materials versus the cost of labor. Meanwhile, there are a whole host
of manufacturing corporations that are making changes to the businesses to create a competitive
edge with their engineering and services. They are looking for new ERP system features which
provide better information and analytics in those areas as compared to tracking detail on the shop
floor.
Thus, from a ?features/functions? standpoint, these differences mean next-generation systems need
to be more functional in different business areas than their predecessors. To be competitive, they
must be able to rely on their ERP software vendor to continue to provide additional features and
extensions. Likewise, they need to assume that, as their own business and industry evolves, they
themselves will want to define some modest extensions to their ERP to help themselves, and only
themselves, thrive.
So, the bottom line becomes???why switch out the old, dated on-premise system if the wanted
solutions can?t be provided.
As a result, both smaller and larger prospects may hold out purchasing, hoping against hope that
some vendor will add what they need to their package or be willing to customize a solution. They can
almost take it to the bank that what they want won?t show up in a package for a very simple reason.
Typically what they want is what only they want, not a feature requested by other prospects. If the
vendor won?t customize the solution to their needs, they might as well go without the new package.
Here is a very simple example of what a customer wanted that won?t be found in an ERP package.
?Being in the precious metals business, prices fluctuate constantly and it is imperative to our
customers that the quotes they get are literally right on the money,? Wilshire Coin?s Scott advances.
?As a result, (we need) a pricing tool that will constantly update prices, assuring our customers that
the quote they get is at present market pricing.?
To paraphrase an old saying, ?Build it and they will come.?
Deep Functionality
Many Cloud ERP packages have fallen short, because in the rush to get to the Cloud, they are either
severely limited in functionality or they are only replications of a predecessor legacy ERP package
5. supporting one business type. They do not acknowledge that manufacturers require a greater variety
of manufacturing methods and services to be supported. Let?s look at some examples of what is
meant by this.
?Unionwear manufacturers completely customize products and we needed a cloud based solution
that will allow our textile and promotional clients to design accessories online, get real time costing
and stage opportunities that we flow directly into planning, procurement and production,? says
Unionwear president Mitch Cahn. ?The automation provided?makes small batch manufacturing a
more fluid, profitable experience for both us and our clients.?
?We are a small company who locally designs and manufactures a large collection.? That has always
presented challenges in production timing and material management.? With the MRP capabilities?,
we will be able to more efficiently get our production and work orders completed,? says the
operations manager of a fashion manufacturer. ?That really stuck out for us.?
Northeast Lantern needs to track inventory and have vision on its production flow on the floor. This
is especially important as twenty percent of the high quality solid brass and copper lanterns
manufacturer?s output is custom and the company provides a lifetime guarantee.
To assure they continue to make a top quality product and make their manufacturing processes
more efficient, Northeast Lantern requires a scheduling engine that dates work order operation
routing steps (which can be sequential or concurrent) and processes them against a comprehensive
set of prioritization rules.?Northeast Lantern must be able to easily reprioritize work orders visually
with drag-and-drop capacity planning screens.?They need to quickly locate overloaded work centers
or late work orders by color and, then, go to another tab in the capacity planning screens and see all
of the shop orders for a particular job.
A larger company such as Metal Shark has the same needs.
?Our goal is to build a great boat at the best value to our customers. Our plant manufactures
increasingly complex vessels in extremely tight timeframes with a high degree of automation,
requiring precise controls and planning,? explains Chris Allard, Metal Shark CEO. As a manufacture-
to-order job-shop, it is imperative to them that they can quickly schedule their shop and maximize
efficiency. They were especially excited about how they could benefit from drag-and-drop shop floor
features.
The Bottom Line
To purchase a new software suite, vendors must show owners and upper management how the new
investment will make money and provide a solid return on investment. Dino Farina, Proveris
Scientific founder and CEO knew that his company was consistently overbuying parts and materials
just to assure that it had enough in inventory to meet order demand for its nasal and aerosol testing
instrumentation. His question was, with cloud manufacturing ERP, would Proveris be able to
6. determine how many of its most popular machines could be built with the inventory on hand?
?We were constantly trying to get the answers to such questions,? emphasizes Farina. ?By the time
we finally got the data, the answers were too late. With manufacturing Cloud ERP, we will now be
able to not only find out how many units we can manufacture with the inventory on hand but
whether we need more inventory, how much, how soon and at what cost. This will make our business
more efficient by increasing our cash flow and improving our resource planning, while giving our
customers faster deliveries on their orders.?
ABOUT THE AUTHOR:? Pat Garrehy is the Founder, President, and CEO for Rootstock Software?
and has an extensive background as a software architect and engineer. With over 30 years of
management, sales and technical experience, Mr. Garrehy brings a unique blend of analytical focus
and business savvy to the table.