Earlier this month, A keynote was given by me demonstration on the subject of ERP optimization, at the Manufacturing ERP Experience conference in Cleveland. This post provides a quick intro to the main topic of ERP optimization and a video of my complete keynote. Regarding ERP, most business leaders realize that it is critical to pick the best system and implement it successfully.
Likewise, when it comes to advice about ERP, most analysts and consultants concentrate on their attention on best practices for ERP vendor selection and implementation. But very few analysts pay attention to what happens after the implementation. A business will spend many more months using an ERP system than it probably will be selecting and implementing it.
There are numerous opportunities for the ERP system to no more fully serve the needs of the business–even ERP systems which have been correctly chosen and implemented. Business requirements may change, credited to organic growth, mergers, and acquisitions, intro of new services and products, changes in business models, new needs from customers, or any true variety of other factors. As a result, organizations frequently become dissatisfied using their ERP systems.
Business leaders, therefore, need to regularly enhance their ERP systems, both on the huge benefits side and the cost aspect. Identify Corrective Actions. By understanding the root causes, the corrective action often becomes clear, and it often will not suggest a disruptive and expensive exercise in selecting and implementing a fresh system.
Rather, the existing system can be optimized. Identify Potential Cost Savings. After 3 years, nearly all ERP total cost of ownership is not in the up-front implementation costs: it is within ongoing support. Therefore, it is essential to improve the ongoing support charges for ERP, considering lots of useful suggestions. Execute the ERP Optimization Roadmap.
Finally, the suggested actions have to be prioritized, planned, and completed with as much self-discipline as the initial implementation demanded. If done correctly, optimizing ERP can effectively extend the life of an ongoing system to raised serve the business for years to come. If you’d like a full copy of the presentation slides, email me just. My email is in the right hand column.
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It often takes either an administrative proceeding with the Patent and Trademark Office (“PTO”) or a lawsuit to resolve the situation. The outcome is difficult to predict and usually depends upon how the situation developed in the first place. Unless you have deep pockets for litigation, you should think meticulously about reaching a negotiated settlement as fast as possible to keep costs low. 5. The other business submitted an “intent to use” application before I used the tag.
If you’re piecing together a business plan and have found a business name you want to use, it is a good idea to file an Intent To Use application with the PTO. If you file an Intent To Use and someone starts using the same or similar business name before you release, your privileges are safeguarded. Thus, “intent to use” applications are an important part of piecing together a practical business plan and protecting your interests during the process. In conclusion, friends, the first thing you need to determine is whether you are competitors with the business who retains the conflicting tag.