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

Page 1: 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Primary reason for out-of-compliance is outdated enterprise systems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