Process Manufacturing ERP: Study Proves Importance of Industry Specific ERP

Written by Jeanne Lee | Tue, Jun 03, 2014

ERP has never been a one-size fits all solution and as the manufacturing industry evolves, that fact has never been more true. A recent industry study shows that many manufacturers, especially mid-market process manufacturers, are experiencing significant functional gaps in their operations due to a lack of support from their ERP systems.

Below are some of the major takeaways from the study which illustrates the very real and immediate need for specialized process manufacturing ERP systems today:

67% reported that they need a solution with more industry-specific functionality than their current ERP system gives them.
Those who did not have a dire need for such functionality still think it would be nice to have and could make their company more competitive and profitable (28%).

Not surprisingly, process manufacturers were among those who expressed the greatest need for an ERP system with industry-specific functionality. Why are these companies in such dire need? Because without an ERP system that supports their processes, they are experiencing the following:

58% report they are doing too much non-value added work (double entry in multiple systems) which is impacting productivity.
53% lack real time visibility into their information which increased business risk.
23% are unable to grow their business as quickly as they would like.
28% report being unable to serve their customers as well as they would like.

How are these companies making do without the right ERP system for the job? Many of them rely on the ERP systems they have always had which that lack the functionality they really need. From there they supplement in spreadsheets, outside applications, and other solutions that may or may not integrate with their system. This strategy creates huge inefficiencies and breeds trouble. Now you might be wondering, “Ok if this is such an issue- how come they are not switching to an industry specific system?”

Most remain with status quo because they believe that with the size and limited budget of a mid-sized company, the expense of a large, specializes system is unjustifiable, especially since they don’t need everything that comes with the larger systems. Specialized process manufacturing ERP systems like Sage ERP X3 were designed especially for these mid-market process manufacturers, wholesale distributors, discrete manufacturers, and accounting and business service organizations who need a better way to manage their financials, inventory, and manufacturing processes without the expenses and hassle of traditional ERP systems.

Sage ERP X3 is fast to set-up, easy to learn, and simple; but it is also an extremely strong and flexible solution that gives these companies what they need now and plenty of room to grow in the future. When you begin your switch to process manufacturing ERP, Make sure you are avoiding these 6 common ERP selection mistakes.

About e2b teknologies
e2b teknologies is a Microsoft Managed Partner providing cloud-based business software applications and business services to progressive businesses worldwide. The company is the publisher of Anytime Supply Chain enterprise-class supply chain management software, Anytime Collect credit and collections management software, Anytime Commerce B2B ecommerce platform, and related Anytime brand products. e2b teknologies also develops custom cloud-based business applications and resells leading ERP accounting software, CRM, and other enterprise business software applications.

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