Panorama’s ERP Blog
Digital Transformation & ERP Best Practices
Need some quick tips for your digital transformation or ERP implementation? You’re in the right place.
Lessons Learned From the Avon ERP Implementation Failure
An ERP system is supposed to make work easier for your employees. It isn't meant to make operations more complicated. This is a lesson that cosmetics giant Avon learned in 2013, when it officially pulled the plug on its SAP ERP integration project after four years of...
Change Management in Virtual Environments: 7 Essential Tips
According to a report from last August, 82% of employers plan to allow their team members to work remotely at least part of the time, even after the pandemic. Meanwhile, 47% intend to allow full-time remote work. What does this mean for organizations that are...
Lessons Learned From the Nike Supply Chain Management (SCM) Failure
A supply chain management system is supposed to help a company streamline and centrally manage its flow of goods and services. It isn't supposed to result in excess inventory or lead to extensive order delays. Yet, that's exactly what happened when Nike implemented...
ERP End-to-End Processes: Decoding the Jargon
What do vendors mean when they talk about ERP end-to-end processes, cross-functional processes, and value chains? We’re here to shed light on this industry terminology. The terms mentioned above can be used interchangeably. For simplicity, we’ll use the term,...
The Role of ERP in Inventory Management: 9 Benefits
In your quest to simplify and streamline your manufacturing operations, have you considered how well your current inventory management system is working? An inefficient or outdated platform can slow production times, frustrate customers, and impact your bottom line....
Lessons Learned From the Hewlett Packard ERP System Failure
In August 2004, Hewlett-Packard (HP) made a devastating announcement: The third-quarter revenue for its Enterprise Servers and Storage (ESS) segment had decreased in value by 5% from the previous year to $3.4 billion. A major factor behind the decline? A failed ERP...
Panorama’s ERP Blog
Welcome to the ERP Blog from Panorama Consulting, your central source for cutting-edge information and insight in the enterprise resource planning industry.
Digital Transformation and ERP Best Practices
Are you in the market for some quick tips to expedite your digital transformation or ERP implementation? Then you’ve come to the right place. As leaders in ERP consulting, Panorama is excited to provide valuable details about digital transformation and ERP best practices to those looking to expand their understanding of these vital practices and put them to use.
Enterprise resource planning (ERP) is a huge concept that essentially boils down to software that manages some of the most important day-to-day operations of businesses, such as accounting, project management, and procurement. What makes ERP so valuable is the fact that it facilitates a flow of information between these different processes and departments for a level of consistency that would not otherwise be possible. The result is an organization whose functions are more streamlined due to the use of a central database; employees from entirely different areas of a corporation can trust that they’re relying upon the same information and following the same practices when ERP is utilized.
There are many benefits for businesses that utilize ERP, including decreased costs of operation, boosted insights, greater efficiency, and an overarching sense of collaboration which serves to improve morale and company culture, so it’s no wonder that so many organizations invest time and resources into robust ERP efforts.
To stay up to date with current trends in ERP and to get more out of your current system, follow our blog.
If you aren’t currently investing in ERP for your organization, or if you feel that you aren’t properly leveraging this technology for your success, contact us to speak with one of our experts!
