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TEC Lean and Green Manufacturing Buyer’s Guide

Source : Technology Evaluation Centers

While the need for sustainable development is affecting how organizations do business, the idea of environmental and corporate responsibility as value drivers is still relatively new. Many companies are just beginning to adopt an approach that provides measurable results. Learn how reducing waste and creating efficiencies within your company can make a difference to the environment, the economy, and your bottom line.  Read More.

Taking Measures for True Success: How to Choose Software That Meets Your Needs

Source: Technology Evaluation Centers

A failed software implementation can cost companies millions in wasted time and money. To ensure your software selection project isn’t a sorry statistic, use the right metrics to gauge your success. Time, budget, and functionality aren’t enough—focus your efforts on requirements analysis and definition. Take measures to ensure your software meets your needs, and discover how to do accurate requirements analysis.  Read More.

Why Privately-held Manufacturers Should Implement IFRS-ready ERP Solutions

Source: Christine Anderson and Mitch Dwight

What is IFRS, and Why Do I Care?

Currently, the United States (US) is slow to adopt IFRS to replace Generally Accepted Accounting Practices (GAAP). While the timeline for adopting IFRS in the US may be an uncertainty, it may be inevitable. In the meantime, the International Accounting Standards Board (IASB) recently released IFRS guidelines specifically for small to medium businesses (SMBs)—which should put privately held companies on notice that IFRS is of keen interest to them as well.  Read More.

10 Questions to Ask Your Finance and Accounting Software Vendors Before You Buy ERP

Source: Inside Business Finance

When conducting a mid-market enterprise resource planning (ERP) system comparison, there are several key questions that you should ask: How much should ERP software cost? What IT resources will be needed to implement it? But don’t stop there. The seas of ERP are vast, and navigating through the current market is not simple. Equip yourself with these questions before evaluating and interviewing vendors. Read More.

The Seven Keys to World-Class Manufacturing

Source: INFOR

What does it mean to be a world-class competitor? It means being successful in your market against any competition—regardless of size or country of origin. It means matching or exceeding any competitor on quality, lead time, cost, customer service, and innovation. It means picking your battles—competing on the terms dictated by you. But how do you get there? Read More

Mid-market Manufacturers and the New Landscape for Enterprise Resource Planning: Using Technology to Compete

Source: INFOR

The globalization of discrete manufacturing is forever changing the notion of what a “small manufacturer” is. Even companies that are considered relatively small in revenue, employment, or client base, must now operate like the largest corporations when structuring and conducting their businesses. Infor examines how today’s mid-market manufacturers are transforming themselves—focusing on business processes and employing ERP systems for their own operations. Read More

Rapid Implementation: The New Age of ERP

Increasingly, midsize organizations are using the strategy of integrated applications deployed across the enterprise as a way to generate operational efficiencies. But implementing this type of ERP in the traditional way is often too big a bite. For this reason, these firms are increasingly seeking the faster benefits of the rapid ERP implementation approach. By marrying technology with vertical industry expertise, the Oracle Accelerate family of solutions is helping midsize companies become the nimble organizations they need to be today. Read More

PLM Challenges and Benefits – Results of the IBM Online Diagnostic Tool

The PLM Diagnostics tool has helped companies identify their strengths and opportunities for improvement through self-directed diagnostics and industry benchmarks. This PLM Diagnostics report is based on the results of more than 600 companies from manufacturing markets around the globe. It presents the insights and trends that have been documented by the consolidated data of these companies, which can help you set your own PLM strategy. Read More

Minimizing the Total Cost of Technical Support for Enterprise Applications

Enterprise software selection is a big decision for any organization. Licensing fees are costly, and choosing the software that matches the company’s business model can be a daunting decision. If the enterprise decides to go with a particular vendor, and the vendor does not deliver, the company will incur a large financial loss. Thus, when selecting an enterprise software solution, there are many factors that need to be considered in the decision. These include the quality of the product or solution; customer service; the purchasing price of the software or license; and other cost factors involved in the process of procurement.  Read More