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The ERP Advisor presents timely information drawn from real world experience with software selections and implementations across dozens of industries. Topics include: ERP Software, Human Capital Management, Customer Relationship Management, eCommerce, Data Migration, and Blockchain and AI as they relate to ERP. The ERP Advisor is hosted by the independent and objective consultants of ERP Advisors Group. Never accepting commissions or kickbacks from any software vendors or implementation part ...
 
Independent and technology-agnostic best practices to make your digital transformation successful. Interviews with the industry's leading experts on topics ranging from digital strategy, software selection, implementation project management, and organizational change management. Sponsored by Third Stage Consulting, the world's leading independent digital transformation consultants.
 
There are several approaches to growing or scaling a small business. Some would recommend growth hacking strategies for aggressively marketing your products or services. In contrast, others would say that the only way to cross $10 mil in revenue would be through inorganic growth. If you asked any business owners or executives, 90% of them, including ME, suffer from dream-reality confusion—some claiming their growth ambitions to be as high as 3x in the next three years. Yet, the stark reality ...
 
Der ERP-Podcast ist ein Podcast für Unternehmer, IT-Manager, Anwender, ERP-Hersteller und alle, die sich für den Softwareeinsatz im Unternehmen interessieren. Hier werden Hintergründe analysiert, Markttrends betrachtet und Potenziale aufgezeigt. Viele Tipps & Tricks, unterhaltsame Geschichten und Interviews mit Branchengrößen sollen bei der Aufdeckung eigener Potenziale mittels Unternehmenssoftware helfen. Hier sollen die Informationen gesammelt werden, die Sie für Ihr Unternehmen brauchen, ...
 
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show series
 
Business Intelligence is an extremely important piece in digital transformation. We all have access to more and more data every day, but in order to for it to be useful, it has to be relevant, accurate, and organized. Business Intelligence systems allow you to find the right data and see it in a way that enables you to understand what it means. Thi…
 
Some enterprise software vendors provide their professional services, while others rely on resellers and system integrators. If you are evaluating your enterprise architecture, one key decision you will need to make would be to work directly with OEMs or software producers vs. consulting companies. While working with OEMs, you don't have to deal wi…
 
Rounding out our menu of legacy software reviews, we welcome Jim O'Donnell of TechTarget as he brings some 30 years of expertise in covering a wealth of technical fields as a writer and editor. In this edition of The ERP Advisor, we discuss Deltek, Epicor, and IFS legacy applications, as well as providing our feedback from the Epicor Insights 2021 …
 
The journey of e-commerce requires you to think about your processes starting from your sales to production. While selling online is a big part of it, that's not the only component of e-commerce. In fact, you don't need to always pay online with e-commerce, especially with B2B businesses with complex products. With such companies, the major compone…
 
In this episode, we’re going to talk through what implementation planning is, the best practices behind building your plan, and ultimately how to use that plan to reach digital transformation success. DOWNLOAD THE 2021 DIGITAL TRANSFORMATION REPORT: https://www.thirdstage-consulting.com/ TOP 10 ERP SYSTEMS RANKING: https://www.thirdstage-consulting…
 
The digital journey is more than simply identifying technologies and implementing them. The most challenging part of any digital initiative, especially if it involves customer interaction, is understanding customer behavior and what drives them to engage with your brand and make a purchase. Making assumptions or not involving your customer experien…
 
When it comes to meeting timely growth targets, pricing is an essential and powerful tool for marketers. Also, in the world of e-commerce, where you might not have as much relationship leverage and location advantage, pricing strategy becomes critical. When we think about pricing and discounting strategies, I am sure you are perhaps thinking of BOG…
 
The term "digital transformation" is an often overused and vague buzzword. No matter what new name we may want to give it, ERP implementations and other technology initiatives as we know it are dead - or at least, they should be. This episode outlines the reasons why common and traditional approaches to digital transformation and ERP implementation…
 
The automotive industry is unique as not only it has challenges associated with B2C, such as focus groups and consumers driving the demand, but it also has all the challenges that other B2B manufacturing companies would have. The automotive industry is also fairly unique with faster cycle and lead times, which drives the need for instant availabili…
 
Today, we're diving into what it takes to build out world-class business operations. We Discuss: The key components of successful business operations Defining ‘world-class business operations’ What are the resources companies should pour into and how should they prioritize those resources? DOWNLOAD THE 2021 DIGITAL TRANSFORMATION REPORT: https://ww…
 
There are several systems and choices available to support the needs of your functions and business processes. Best-of-breed options offer much deeper functionality and system designed for specific groups of users. But communication and integration could require significant resources and maintenance from your organization. The Full-suite options ca…
 
Amazon is perhaps the most visited site for e-commerce, and its product filters will probably be the most used feature on its site. Product filters help you find the products you are looking for without going through thousands or millions of products that the site might carry. Well-designed websites understand your journey deeply, and they are guid…
 
Tally ERP is one of the most commonly used ERP systems for small businesses and mid-size companies around the world. But companies often outgrow their capabilities and need to evaluate potential alternatives for this software. This episode covers the steps required to determine if a Tally ERP upgrade is the right option for you, or if you should co…
 
If your teams report problems in the production line and the capacity, their answer is often additional machines or people. Unfortunately, solving each problem with an additional body or machine results in unused capacity and unnecessary spending when the problem could be somewhere else. While there are tons of data available from machines and proc…
 
With IIOT devices on the shop floor capable of altering the state of machines through exposed endpoints for hackers, operational security is vital for manufacturers or distributors. While security issues could be frightening, and you might opt to take the approach of not connecting your shop floor with the internet, you might be missing out on the …
 
Even though it is not an extremely well-known technology, QAD is a product that ranked well in our independent ranking of top 10 ERP systems. For some larger organizations, this ERP software has proven to be a viable alternative to SAP and Oracle. Just like other leading ERP systems, QAD has its distinct strengths and weaknesses. This episode provi…
 
Have you heard the news where a large aerospace manufacturer won a large contract for several planes? While it's exciting news, it could be equally challenging for suppliers who are part of that ecosystem and asked to staff overnight to meet the demand of their key customer. Or you run the risk of losing the relationship. In addition, the quality r…
 
A career in business and technology consulting can be very rewarding, but consultants too often make common mistakes. These seemingly little oversights can actually undermine a consultant’s effectiveness, so it is important to watch for the common pitfalls. This episode explains what those mistakes are and provides advice on how to be more successf…
 
The software and technology world is evolving daily, and so are the software contracts. As pricing becomes easier to start using software for small-to-medium-sized businesses, the incremental costs could be unexpected if you don't understand the new pricing models. While technology is making it easier to create and sign contracts, it also provides …
 
In today’s episode, we are going to dive into what it takes to optimize your digital strategy. We live in a tech-driven world where there is no business if there is no technology supporting it. But just how do you tie your business strategy and your digital strategy together to optimize your operations? Listen now to hear what Stuart Robb, Vice Pre…
 
When I was planning for this episode, I had a conversation with a friend that I could never forget. She was planning to resign from her company. So I inquired why she was planning to resign. To give you a little background, she was very well established in her career, spent roughly 20 years, and held an executive position at her current company. He…
 
Irrespective of whether you are an owner who would like changes in your organization or a leader trying to convince the owners or boards for transformational changes, the journey of change is lonely. You might come across super enthusiastic collaborators who will lose interest if they don't see an immediate return. You might also come across severa…
 
The ERP software industry is like a machine. Using bribes and financial kickbacks to consultants and industry players, it is carefully designed to create as much influence and bias as possible in order to sell more software. This model works brilliantly for the big ERP software vendors (SAP, Oracle, Microsoft, Infor, etc.) systems integrators (Acce…
 
An average manufacturing facility may have ten operations to produce a part. The process of creating a chip goes through at least 500 steps. Some of these processes use significantly expensive machines and materials. They also require timely preventive maintenance and sophisticated scheduling. Operational improvements at such facilities could mean …
 
The 2020s are requiring organizations across the world to change and transform - whether they want to or not. Companies are being forced to rethink their business processes and operating models to navigate a post-coronavirus world. This episode outlines the things you can and should be doing to define your business transformation roadmap for the 20…
 
Planning through growth inflection points is difficult. You have to figure out how to find revenue. And then, if you are not able to fulfill the demand, the growth may fire back. Planning for growth requires you to build your multi-year sales and operating plan. But the most crucial part is its execution. The more alignment you have across your cro…
 
Stock keeping unit (SKU) could be a dummy number, and you might feel how important a number could be. Well, your SKU is a binding thread that ties all your business processes that interact with your products. You could quickly outgrow your SKU numbering strategy if you don't have a flexible numbering scheme to accommodate your near future requireme…
 
In this episode, we are going to dive into the pressing red flags that can induce failure in your digital transformation. Here to walk us through these risks and the solutions to button up your transformation efforts is Wayne Holtham, Vice President of Third Stage Consulting Asia Pacific. In this episode we discuss: What are a few of the biggest re…
 
Most manufacturers struggle with cross-functional collaboration, especially when it comes to engineering handoff because it requires going beyond the engineering perspective. Engineers need to think from the perspective of consumers. These consumers could be anywhere from machinists, assembly technicians, welders, inspectors, and purchasing. This t…
 
Paid advertising could make a massive difference to your pipeline and bottom line if done right. It could also help you optimize your organic search campaigns as you would have access to detailed insights into your customer journeys and customer behaviors. But mastering paid advertising is easier said than done. It requires you to make the entire j…
 
Retail companies are going through times of unprecedented change and disruption. Retail behemoths like Wal-Mart, Target, and Amazon have navigated changing times, while retailers such as J Crew and JCPenney have filed for bankruptcy. The good news is that there are a plethora of retail technologies that can help brick and mortar and online retailer…
 
Manufacturers have traditionally been problem solvers. While the problem-solving mindset helps create amazing products, the same skill fires back in designing the processes. This problem-solving approach leads each department to make their decisions independently and buy software to solve their problems, limiting interoperability. This approach als…
 
SAP S/4HANA is one of the leading ERP systems in the market. Many larger organizations are beginning their journeys from legacy SAP products such as ECC, R/3, or Business One, while others are migrating from non-SAP products. SAP S/4HANA is a great fit for some organizations, but not all. This episode provides an overview of the strengths and weakn…
 
In ancient times, before the existence of the internet, Sage brought forth their numbered ERP solutions to become the third-largest ERP vendor in the world. But while Sage 90, Sage 200, Sage 300 and the rest can be adapted to the cloud, they weren’t built for it like Sage Intacct and other modern ERPs. In this episode of The ERP Advisor, we review …
 
In today’s episode, we are going to dive into the concept of project health checks during digital transformations. Many companies have been opting in to hire an independent third party consultant to perform a project health check in an effort to help their project progress in a healthy fashion. We’re going to dive into what keeps a project “healthy…
 
If you are trying to penetrate an account, the involvement of their procurement department is the last thing you want to see as they are hard negotiators on price. Selling to FMCG buyers could even be more challenging as they need to move fast and make quick decisions. In 2021, most offerings are fairly competitive, so you could only do so much whi…
 
Manufacturers carry thousands of products, and each of them requires several materials with their own dependencies. This chain can go on and could feel cyclical. That's how complex is our supply chain. One critical component could block the production and further impact the production of products that may depend upon it. The best way to mitigate th…
 
Microsoft Dynamics 365 is one of the leading business technologies in the market. It offers enterprise resource planning (ERP) and customer relationship management (CRM) capabilities for organizations throughout the world. But what exactly is Microsoft D365 - and more importantly, is it a good fit for your organization? This episode explains everyt…
 
There is a lot that goes into planning for a warehouse. Some warehouses are complex, while others may not be as complex depending upon the shipment types and the influx of shipments. If you don't plan well, it may lead to poor utilization of labor and inefficiencies in the warehouse. It may also lead to missing sales opportunities due to the unavai…
 
The ERP software industry is like a machine. Using bribes and financial kickbacks to consultants and industry players, it is carefully designed to create as much influence and bias as possible in order to sell more software. This episode outlines the inner workings of the ERP software and consulting machine - as well as what you can do to navigate …
 
In today’s episode, we discuss the concept of defining your Future State as part of your digital or business transformation. In this episode we discuss: What is a future state as it pertains to business? What elements of the business need to be defined in the future state? What role does process mapping play in defining your future state? DOWNLOAD …
 
Demand planning is a double-edged sword, and it's tough to predict. Demand planning requires you to plan enough and then be nimble and agile while tweaking the demand as the market condition changes. Most companies take an algorithmic approach to their demand planning, resulting in wasting critical resources. The agile approach is especially releva…
 
Complying with regulatory bodies is more than just producing the documentation when they ask for it. If the regulatory body is as stringent as FDA, they look for several red flags, including completeness and thoroughness of the documentation and confidence level. But speed is typically the most critical factor. Manufacturers with manual processes a…
 
Poor executive sponsorship and transformation leadership is one of the root causes of business and digital transformation failure. The most effective transformations feature effective leadership, while failures typically see ineffective - and oftentimes destructive - leadership behaviors. Poor leadership can lead to chaos and lost business value th…
 
Remember when you bought five shirts last time and ended up returning all? Let's face it. Consumer behavior is unpredictable. It is especially challenging for the apparel industry, where one loose thread or difference in perceived color could be the reason for return. But the supply chain planning for the apparel industry is not only complicated be…
 
The ERP vendors and their implementation partners have pulled off the hoax of the century: converting customers to cloud and SaaS ERP systems. Regardless of the benefits and merits of cloud ERP, never before has the industry orchestrated such a widespread move based on self-interest. The episode explains how to navigate and mitigate the risks that …
 
It is the largest ERP vendor in the world, serving Walmart and Costco, Chevron and Exxon Mobile, Ford and GM, and Google and Apple. SAP is a bona fide ERP juggernaut — and it is making a competitive play for midsize businesses with S/4HANA. So where does that leave the legacy customers? While the end-of-life for legacy products has been extended, t…
 
In today’s episode, we cover general strategies and best practices when it comes to digital transformation. Although digital transformation can mean different things to different organizations, the same best practices always stand from transformation to transformation. DOWNLOAD THE 2021 DIGITAL TRANSFORMATION REPORT: https://www.thirdstage-consulti…
 
What helps you compete in the market? Is it your unique product? Is it your operational efficiency? Is it your market segment? Or is it the alignment of your manufacturing and operational strategies with market needs and business goals? Since most manufacturers are part of a large process for their customers, simply thinking about your product's va…
 
If you are involved in vendor negotiations or expense management, it's hard to know if you may be overpaying for services or goods. What if there was a way to benchmark your expenses against other companies. Enter big data for expense management. These data lakes have amassed trillions of data points in the last ten years through several data sourc…
 
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