How to create a Lean Enterprise with ERP? Before we get into the details of how to create a Lean Enterprise with ERP, let us briefly understand the origin of Lean, principles of Lean, and…
Category: ERP
Strategy for successful ERP implementation
Strategy for successful ERP implementation Before we delve into the Strategy for successful ERP Implementation, let us understand why manufacturing companies need an ERP? What are the goals of an ERP implementation, how to define…
How to use ERP as change driver in organization?
How to use ERP as change driver in the organization? “Change is the only Constant in Business. Those who are able to adapt will win” Alfred Herrhausen Changing Business Landscape The business landscape is changing…
Manufacturing Cost Reduction | Cost Reduction Ideas
Cost Reduction in Manufacturing Industry “Costs do not exist to be calculated. Costs exist to be reduced” – Taiichi Ohno In this age of aggressive competition, manufacturing companies are struggling to improve their bottom lines.…
Are you making these information mistakes?
“Do you simply have data about your company or do you have accurate information?” Data is gathered for a purpose, the goal is to turn data into information and provide a basis for taking action.…
How to achieve Digital Transformation? How to create Digital Transformation Strategy?
Digital transformation is a fundamental reality for businesses today. Organizations of all sizes realize that to delay digital transformation further is to risk obsolescence. And it is up to a company’s leadership team to commandeer…
What is management by exception? How to implement it with Spectrum ERP?
What is Management by Exception? Management by exception primarily focuses on identifying and handling cases that deviate from the specified acceptable norms. It implies raising a flag, in situations that might cause difficulties to the…
Speed in Business | Why is speed important for a business to succeed?
“Speed is the New Currency of Business” – Marc Benioff – Chairman and CEO Salesforce Why is speed important for a business to succeed? Business is all about Speed they say! But before we get…
ERP Selection & Implementation Guide
Business has become more competitive and value driven than ever. To improve their deliveries and performance more and more organizations are going digital and adopting ERP. And with the increase in number of ERP implementation,…
Action Plan for Inventory Optimization
Inventory Optimization has always been challenge for SMEs. The objective of this article is to suggest actionable steps for inventory optimization for SMEs. Steps mentioned in this article are prepared based on data analysed from…