Manufacturers seeking smart factories can avoid expensive rip-and-replace ERP systems by partnering with IT professionals to extend the life of their current systems.
The tide is turning in manufacturing. Competition is fierce, and the pressure to embrace Industry 4.0 methods is undeniable. Industry leaders have set their sights on so-called "smart factories"— interconnected facilities brimming with automation and data-driven insights.
A recent Deloitte study underscores this shift: a seismic 86% of surveyed executives believe smart factories are the key to staying ahead in the next five years. These digitized production powerhouses promise a future of maximized productivity and groundbreaking innovation, with their success being determined by the critical data found in Enterprise Resource Planning (ERP) systems. However, a critical roadblock stands in their way: ERP reimplementations.
Traditional ERP reimplementations often entail lengthy timelines and the disruption of abandoning years of customizations—deterring many manufacturers. This challenge begs the question: Is there a faster, more efficient way to achieve successful digital transformation and reap the benefits of modern ERP systems?