Job creation, profitability, and sustainability are terms that have been thrown around throughout the manufacturing industry, especially when we are talking about small to mid-sized businesses (SMB’s); but how exactly can we achieve these things as a collective whole and, more importantly, on an individual level? Continue reading
Once upon a time, my Mom would take me downtown to help her with grocery shopping. The only way she would get me to do this without kicking and screaming was she would promise to take me to the local video store to pick out a game and or movie and possibly to the record store for a new music CD. Fast forward to 2011, big conglomerates of NetFlix, Redbox, etc. have completely run these local stores out of business. What about album shops? Aside from a few that sell vintage vinyl, forget about it. Apple’s iTunes have completely monopolized the music industry. I even remember when BestBuy came along everyone was scared that this giant would be the end to local business. Now, even BestBuy is struggling to compete since wholesale electronic goods are so easily accessible thanks to virtual marketplaces. These are just a few examples of how the internet-age has changed the economics of our societies. The manufacturing industry might be one of the few remaining and lasting local businesses alive and kicking. Continue reading
Whenever I ask why money is taken out of a paycheck for taxes I am told a few different answers: “It goes into a social security fund for you later in life”, “it goes to help re-build roads, bridges, law enforcement, etc. etc. to help maintain a safe society”, and “towards providing healthcare for those in need”… all great things that I am more than happy to invest in. Recently, there has been an abundance of government spending of tax dollars towards manufacturing, so I reach out to the masses and ask why it is necessary for this to occur? Continue reading
Do you have constant headaches from the lack of communication between departments? Are you experiencing stomach pains from constantly having to customize your current solution? How about light-headedness from running around trying to figure out where bottlenecks are? If so, then you might be in need of a new ERP remedy.
Our favorite line is “once our issues become major, then we will look into new solutions”. Waiting can be, and usually is, more costly than completely moving to a new system. Maybe you haven’t even considered looking into a new ERP system because it’s too much work, costs less to stick with what you have, and the fear that the implementation would be too disruptive to your business. These are just a few of the misguided reasons we have heard over our 30+ year tenure. Some of the issues may, in fact, be justified, but if you take a good, hard, and honest look, you just might end up saving a heck of a lot of time, money and frustration in the long run.
Time: No ERP change is done “overnight” and if anyone tells you they are playing on your fear of business disruption. Working with the right ERP vendor you can have a good, solid implementation in around 90 days and, as long as you are committed to this process, it should not and will not shut your business down.
Cost: At First glance, a change over might seem like an insurmountable task, financially. Re-investing in a new ERP solution might see too daunting for your budget. In this case, I highly recommend thinking for the long-term. Cost may be a factor for you, but the benefits of switching to a system that provides improved efficiencies will be well worth it in the end. Imagine reducing production costs, increasing throughput and meeting on-time deliveries that your current system has been unable to provide.
However you look at the possibility of change, you need to weigh in multiple factors and think long-term, rather than in the now, because, if you wait too long some of the issues could become so big that it could even go as far as collapsing your business. So, again, ask yourself are you really stuck with your current ERP vendor, or does it just seem that way?Posted by Jason Rourke, Marketing Manager, ProfitKey International
In a recent blog, we discussed the advancement of manufacturing equipment and the quality of U.S. made products as possible factors that will help bring back manufacturing jobs to the U.S. This point leads us to wonder how much of an impact does “Made in the USA,” have on buying decisions regarding components and finished goods. Continue reading
To answer your question: Yes, the title is a play on the Terminator series. In the past decades machines have been getting faster, smarter, and more efficient. Many fear they are taking over many aspects of our lives, most importantly our jobs; however, many of those manufacturing jobs have instead been shipped overseas. Now the overwhelming sense is that we are losing jobs not to machines, but to cheap labor, benefiting other countries. The question is, are the same machines we feared going to be what saves our manufacturing industries and the economy? Continue reading
In our previous blog, ERP Consultants, we started to address the overwhelming issue of an ERP system search. Whether you have the extra cash flow to hire a consultant or, you are bold enough to start the in-depth search on your own, you will be faced with many inquiries that you will need to address from the very start of the process. Continue reading
If your company is short on hardware and your main goal is to minimize infrastructure costs by watching every dollar you spend, you might want to heavily consider the virtual world. Continue reading
In the immense world of manufacturing, shop floor managers to CEO’s battle daily with the wants, needs, and ever-changing demands of their clients. They constantly struggle over the best way to meet and, hopefully, exceed those demands while minimizing bottlenecks. Many have struggled to the point where an (ERP) system might be the only way to keep their sinking ship afloat, while others have done so well that an ERP system is necessary to keep up with their escalating performance and pace. Either direction, most companies have now asked themselves “How and where do I start looking?” Continue reading