Maintaining Compliance and Upgrading ERP Systems to Improve Operations in Process Industry
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Transcript of Maintaining Compliance and Upgrading ERP Systems to Improve Operations in Process Industry
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Source: Aberdeen Group
Learn more about how to upgrade your ERP from the Aberdeen Group Reporthttp://go.infor.com/erp-upgrading-enterprise-sytems/
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Cloud can help keep your ERP up-to-date
Lower total cost ofownership
Configurationflexibility
Reduced cost and effort of upgrades
Ability to scale solution
Lower upfront costs
Ease of use
52% 45% 38% 38% 31% 28%
Constantly updated Zero disruption Lower total cost of ownership (TCO)
Easy scalability
Cloud ERP advantages
Why upgrade ERP?
94%
87%
ERP upgrades drive Enterprise KPIs
Higher Operational KPIs
Improved bottom line (KPI)
Increased top line (KPI)
On Time andcomplete shipment
without
17%
9%
Reduction in inventory with upgrade
5%increase in operational margin with upgrade 2%decrease,
without
without
All Respondents Process
On time andcomplete shipment
Reduction ininventory
Operating margin vs corporate plan
Leaders drive
Higher levels of compliance [99%]
Lower costs Better operational efficiency
9% higher operating margins
Over 80% of leaders are either on latest release or just one behind
Leaders are 59% more likely than Followers to be on the latest ERP
Process ‘Leaders’ outperform ‘Followers’ by staying on top of technology
43%
27%
40%
18%
Implemented on latest release One release behind
Primary reason for out-of-compliance is outdated enterprise systems
All Respondents Process
Process manufacturers twicemore likely to not upgradetheir ERP systems at all
Average time betweenupgrades is over 3 years,longer than all others
25% 15%
21% 24%
14% 14%
8% 9%
12% 9%
15% 21%
4% 8%
Once a year
Every 2 years
Every 3 years
Every 4 years
Every 5years
More than5 years between upgrades
We do not perform upgrades
Millions in lost revenue
High operational cost
Out-of-compliance
14%
25%
43%35%
65%53%
Customers demand lower costs
Need to comply with current and future regulations
All RespondentsProcess
Need competitive differentiation
Maintaining compliance drives lower operational costs and enables
competitive differentiation
Reduceoperationalcosts
Comply with regulations
Increasedcompetition
Top Pressures to Improve Operations in the Process Industry
UPGRADINGENTERPRISE SYSTEMSfor Success in Process Manufacturing