Is your ERP ready for Internet of Things (IoT) ?

Did you know there are more mobile phones than humans on this planet? The ever increasing use of smart devices, they are getting more intelligent with more sophisticated sensing capabilities. 
The extensive use of sensor embedded devices, The old saying ‘Garbage In Garbage Out’ seems no more relevant. The devices are getting smarter and increasingly the data input is automated with least human intervention. The data thus collected is analysed by enterprise software and ready to influence and guide human decision. Early adopters of Enterprise software are more than ready to get fully automated. Early days examples of integration of PLC, Weigh bridge, boom barriers at manufacturing units as management control has evolved further to offer real time update and statistics on patterns, forecast and better alert humans for preventive action and readiness. Early indications by Internet of Things (IoT) can reduce lead time, save costs and increase efficiency of businesses exponentially. One of the most widely used examples of IoT is GPS devices that are fitted on vehicles for tracking of location, movement, quality of driving and vehicle performance. The device only generates location data every few seconds that is captured on central servers and further analysed to get meaningful information. Most of the businesses today use GPS on their vehicles. Today businesses track the product they sell for its lifetime. Service industry offers more convenient ways to reach customers; on the contrary customers find services. Unless IoT is not integrated with analytics capability and enterprise application the organisation cannot see an impact on its business. To sum up, in days to come business need to ensure readiness on scalable infrastructure and flexible software that can consume and process data from IoT and make business more competitive in the market place.intelligent devices that are generating data and at the same time transmitting data. 

Contributor - Vineet

Advantages of Software as Service

With Cloud infrastructure availability across the globe, software vendors are rapidly coming up with numerous applications ready to use as a service. SaaS is expected to grow 3 folds in the next 3 years.

The foremost reason for exponential growth of SaaS is lower total cost of ownership followed by various technology and competitive benefits. Leading global organizations are using SaaS in many different ways like infrastructure outsourcing, analytics, big data, research and development, security, backup etc…
Companies with common objectives are able to come closer and collaborate on common platform resulting is efficiency compared to peers.
Due to the flexibility of Cloud infrastructure and SaaS model companies are able to quickly adapt to changing business needs and challenges.
Cloud + SaaS today is reducing time to market, encourage collaboration and innovation and of course bringing down the cost.
eDominer offers EXPAND business software solution as a service through cloud globally. Customers have seen significant improvement in resource productivity and utilization. Today eDominer is enabling customers of all sizes in Exports and Manufacturing domain to migrate to cloud and become more competitive in response time and customer experience

Contributor - Vineet

Common ERP Mistakes and How to Avoid Making Them

Enterprise resource planning (ERP) systems are huge investments of money, resources and time. And while a successful ERP implementation can help your organisation streamline workflow and cut costs, a poorly planned and implemented ERP can severely cost organizations, in terms of lost productivity and delays. To help ensure your ERP implementation is a success, productivity and delays.

productivity and delays. To help ensure your ERP implementation is a success, or at least to minimize potential problems we have come up with some commonly cited ERP mistakes and their fixes.

Inadequate planning – Planning is absolutely necessary if you want your ERP project to succeed. Many organizations do not do enough forthright planning before they begin an ERP software evaluation which often leads to confusion because they might not fully understand their current processes and how to develop them to maximize business benefits and efficiencies. To solve this problem, organizations should conduct an internal assessment of all of their processes and policies before choosing an ERP system.

Not understanding or using key features. Without knowing features, companies miss opportunities to automate business processes, complete functions faster, and meet business objectives. To solve this problem, create a ist with all features, tracking usage, and occasionally reviewing the list to determine which features are being used and which are the most helpful. This knowledge catalog can be used to train new employees, write test scripts, and help with review, compliance, and reporting requirements.

Underestimating the time and resources required. All companies underestimate the time and resources required to implement a new ERP system. So how can you calculate the necessary time involved? The time involved can be estimated by dividing the cost of the software by 100. Double that number if you plan to self-implement with minimal professional assistance. It is important to assign a dedicated project manager.

Not having the right people on the team from the start. Sometimes, organizations do not bring the right people together from the very start of an ERP implementation. ERP implementation is one of the biggest projects an organization can undertake, and consequently, mistakes can be made and plans might get out tracked if the right stakeholders are not involved in every part of the decision-making process. For example, many organizations focus on getting executive approval, instead of gathering key participants from across the organization, from finance, operations, manufacturing, purchasing, and the warehouse, in addition to IT. The benefit: employees who are actively engaged with the ERP implementation, who have an investment in getting it right, right from the start.

Contributor - Vineet