In this Christian Easter season of resurrection and forgiveness
is it time to look at you Enterprise Resource Planning (ERP) system with new
vision?
After all, if you are in business today after the last
few years, then you have accomplished something great. It has been tough. Give yourself a pat on the back and a nod in
the mirror.
If my phone and email are any indication you probably receive
dozens of calls and hundreds of emails every day. Everyone seems to have “The Answer” to your challenges.
They all seem to know all-of-a-sudden how your business runs, what is
wrong and the miracle solution. Are they
trying to tell you how to run your business?
Really? How long have they been in business?
Now, in all fairness, length in business alone is not always
a fair indication of success. A lot of
people have been displaced and have opened their own business with the talents
and skills built in a lifetime. A famous
person said in response to a salesperson’s claim of 20 years of experience (and
no new sales) that he really had one year of experience 20 times and perhaps he
needed to look at what he was doing and how with a new perspective.
You cannot do what you have always done and expect the same results.
Times are a changing.
Your ERP system has updates. The
world is changing and there is a need to stay “current”. What worked in the past may not work well
with the future. Think about how you do
banking now. It is still leveraging
income, expenses and cash flow. But, how
do you interact with your financial institution? Are you using their online services? Balance inquiries, statements, transactions,
transfers?
In what way is your financial institution servicing your
needs and the needs of their customers in general? Is customer service a key component? Forget for the moment the fees they tack on
to seemingly everything, are they customer focused? After all how different are all of these
separate banks?
I see it all the time at networking meetings. This somebody tells me how great their bank
is and how wonderful life is there. Then
six months later they are working at a competitor’s bank and guess what? I hear how wonderful they are and how they
are customer centric and they now have the tools to service their customers
better. All they did is switch business
cards. What is missing is that they are
the key ingredient. If they learn to
listen and service their customers, then when they switch banks in another
year, their customers will follow.
It is customer
service and relationships that matter most.
So, what does this
have to do with resurrecting your ERP system?
Everything.
You may actually have everything you need at your
fingertips. You may just not be
utilizing what you have. Have you turned
on all of the interfaces? Can you
properly cost your manufactured items?
Are you taking advantage of all of your part discounts from your
suppliers? What about vendor
discounts? The list is long.
What are you doing
now? How can that change? Do you need to change?
Perhaps you just need to stop making changes and take
advantage of the upgrades you are already entitled to now. Most ERP providers today charge an initial
license fee and an annual license fee.
The initial fee is what you pay to get started. The annual fee is your payment of confidence
that the solution provider is constantly looking to providing great service to
their customers, listening to your needs and upgrading their solution to meet changing
demands. It is how the ERP provider
stays in business. Service their customer’s
needs.
You need to service your customer’s needs too. Otherwise, they will go else ware. A happy customer is loyal and a loyal customer
refers business to you. When is the last
time any one of your customers sent you a referral? When is the last time you sent a referral to
someone else? It is a two way
street.
Resurrecting your
aging systems may mean new training, upgrading or perhaps selecting a new system,
because your customers are worth the investment.
How do you know which if anything should change? That is where your trusted advisor comes in
and even if you already have one, maybe you need new eyes. A long time advisor is a great asset. But when can that relationship hurt you? If they know you so well as to shy away from
what you need for any type of fear, loss of business, hurt feelings, etc, then they
have lost their objectivity. I am not
suggesting you terminate that relationship.
They still are a great asset and can contribute in many ways, but you
also need to look out for your business.
At Dolvin Consulting
we leverage our relationships with industry experts to help your team look at what
you are already doing to see if a resurrection is necessary. You have nothing to lose and everything to
gain. After all, you may just find out
that you are already doing everything you can.
That would be a nice feeling, would it not?
There are all types of solutions at
all levels of investment. That does not
mean they fit your budget. What can you
do now to prepare the way for the future?
What are your options? What will
your business look like in 5-10 years?
Will your current solution provider be able to keep up? Will they still be in business? Will they be bought out by another company that
does not care about you?
ERP software system now-a-days are quite handy to run business of any type because it perfectly measures the management of any type of business and especially for a software house it is more essential.
ReplyDeleteInteresting you have shared an update that really enhances my knowledge and makes me more familiar about erp solutions. to run a business erp solutions are one of the key factor to ensure good results.
ReplyDeleteIn today's world there are many ERP solutions for all types of busines operations. The common theme is that the software incorporates all aspects of the business operations so that the left hand knows what the right hand is doing.
ReplyDeleteWhile most of my articles are generic and deal more with identifying the problems organizations face, they typically deal with manufacturers and distributors and not School systems.
The similarities, if any, are that the organizations you help struggle with eefficiency and automation, just as for profit businesses.