Business system projects are challenging. Many organizations with experience in implementing business platforms can testify that these are complex projects to execute. Surveys also show that many organizations perceive their ERP project implementations as unsuccessful. By failures, we mean either that they became more expensive or took longer than planned or did not achieve the expected business improvements.
An ERP program creates a framework for controlling and coordinating the various parts that an ERP implementation usually involves. Program management creates better conditions for the ERP’s successful implementation than regular project management.
The leasing business volume is on the rise states the annual Global Leasing Report 2019 by the White Clarke Group and the World Leasing Yearbook. The report says that North America (the US, Canada, and Mexico), Europe, and Asia accounted for US$1,282.73bn (95%) of the global leasing business volume in 2017. It was increased by close to US$183bn from 2016 – a 16.6% growth. This North American marker is followed immediately by China (US$265.68bn), UK (US$92.45bn), Germany (US$78.32bn), Japan (US$60.47bn), and France (US$49.78bn). Other regions that have their share of the pie include Australia/New Zealand (US$31.5bn), South America (US$17bn), and Africa (US$5.7bn).1
Digitalization has created a new paradigm in manufacturing—where factories are becoming more modern and sophisticated. The use of technologies such as IoT, robots, automation, sensors, advanced analytics, and artificial intelligence has revolutionized industrial-scale production, and its impact can be seen globally. Although the manufacturing industry aspires to setup near-total automated factories to achieve cost savings, it has raised concerns about eliminating human jobs. While there are significant deployment challenges, will digital technologies take control over the manufacturing assembly lines of futuristic factories? Or will it bring a paradigm shift where ‘human touch’ and ‘craftsmanship’ be dominant? Let us try to shed some light on the puzzle and look at the role of humans in shaping the next industrial revolution.
When you want to make sure that you can deliver the right food product when consumers want it, you try to align distribution, production, procurement, and all other processes with that goal. Modern, powerful ERP and analytics can help you take the uncertainty out of demand planning and make the effort more efficient.
The world will never be the same as before COVID-19 paralyzed the world. In the future, we will talk about a before and an after corona. Many of the trends which were in their rising before the crisis have speeded up. And especially four megatrends have taken off. By Thomas Honoré, CEO & President, Columbus