Maintaining Compliance and Upgrading ERP Systems to Improve Operations in Process Industry
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Get a competitive edge while lowering operational costs by maintaining compliance and upgrading ERP systems. Visit: http://bit.ly/2deq71D
![©Copyright2016.Infor.Allrightsreserved.
Source:AberdeenGroup
LearnmoreabouthowtoupgradeyourERP
from theAberdeenGroupReport
http://go.infor.com/erp-upgrading-enterprise-sytems/
Downloadwhitepaper
CloudcanhelpkeepyourERPup-to-date
Lowertotalcostof
ownership
Configuration
flexibility
Reducedcostand
effortofupgrades
Abilityto
scalesolution
Lowerupfront
costs
Easeofuse
52% 45% 38% 38% 31% 28%
Constantlyupdated Zerodisruption Lowertotalcost
ofownership(TCO)
Easyscalability
CloudERPadvantages
WhyupgradeERP?
94%
87%
ERPupgradesdriveEnterpriseKPIs
Higher
Operational
KPIs
Improved
bottomline
(KPI)
Increased
topline
(KPI)
OnTimeand
completeshipment
without
17%
9%
Reductionininventory
withupgrade
5%
increaseinoperational
marginwithupgrade2%decrease,
without
without
AllRespondents Process
Ontimeand
complete
shipment
Reductionin
inventory
Operatingmarginvscorporateplan
Leadersdrive
Higherlevels
ofcompliance[99%]
Lowercosts Betteroperational
efficiency
9% higher
operatingmargins
Over80% ofleadersareeitheronlatestreleaseorjustonebehind
Leadersare59% morelikelythanFollowerstobe
onthelatestERP
Process‘Leaders’outperform ‘Followers’
bystayingontopoftechnology
43%
27%
40%
18%
Implementedonlatestrelease Onereleasebehind
Primaryreasonforout-of-compliance
isoutdatedenterprisesystems
AllRespondents Process
Processmanufacturerstwice
morelikelytonotupgrade
theirERPsystemsatall
Averagetimebetween
upgradesisover3years,
longerthanallothers
25% 15%
21% 24%
14% 14%
8% 9%
12% 9%
15% 21%
4% 8%
Onceayear
Every2years
Every3years
Every4years
Every5
years
Morethan
5yearsbetween
upgrades
Wedonot
performupgrades
Millionsinlost
revenue
Highoperational
cost
Out-of-compliance
14%
25%
43%
35%
65%53%
Customersdemand
lowercosts
Needtocomplywithcurrentand
futureregulations
AllRespondents
Process
Needcompetitive
differentiation
Maintainingcompliance
drivesloweroperational
costsandenables
competitivedifferentiation
Reduce
operational
costs
Complywithregulations
Increased
competition
TopPressurestoImproveOperations
intheProcessIndustry
UPGRADING
ENTERPRISESYSTEMS
forSuccessinProcessManufacturing](https://image.slidesharecdn.com/maintainingcomplianceandupgradingerpsystemstoimproveoperationsinprocessindustry-161006095017/85/Maintaining-Compliance-and-Upgrading-ERP-Systems-to-Improve-Operations-in-Process-Industry-1-320.jpg)
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Maintaining Compliance and Upgrading ERP Systems to Improve Operations in Process Industry
- 1. ©Copyright2016.Infor.Allrightsreserved. Source:AberdeenGroup LearnmoreabouthowtoupgradeyourERP from theAberdeenGroupReport http://go.infor.com/erp-upgrading-enterprise-sytems/ Downloadwhitepaper CloudcanhelpkeepyourERPup-to-date Lowertotalcostof ownership Configuration flexibility Reducedcostand effortofupgrades Abilityto scalesolution Lowerupfront costs Easeofuse 52% 45% 38% 38% 31% 28% Constantlyupdated Zerodisruption Lowertotalcost ofownership(TCO) Easyscalability CloudERPadvantages WhyupgradeERP? 94% 87% ERPupgradesdriveEnterpriseKPIs Higher Operational KPIs Improved bottomline (KPI) Increased topline (KPI) OnTimeand completeshipment without 17% 9% Reductionininventory withupgrade 5% increaseinoperational marginwithupgrade2%decrease, without without AllRespondents Process Ontimeand complete shipment Reductionin inventory Operatingmarginvscorporateplan Leadersdrive Higherlevels ofcompliance[99%] Lowercosts Betteroperational efficiency 9% higher operatingmargins Over80% ofleadersareeitheronlatestreleaseorjustonebehind Leadersare59% morelikelythanFollowerstobe onthelatestERP Process‘Leaders’outperform ‘Followers’ bystayingontopoftechnology 43% 27% 40% 18% Implementedonlatestrelease Onereleasebehind Primaryreasonforout-of-compliance isoutdatedenterprisesystems AllRespondents Process Processmanufacturerstwice morelikelytonotupgrade theirERPsystemsatall Averagetimebetween upgradesisover3years, longerthanallothers 25% 15% 21% 24% 14% 14% 8% 9% 12% 9% 15% 21% 4% 8% Onceayear Every2years Every3years Every4years Every5 years Morethan 5yearsbetween upgrades Wedonot performupgrades Millionsinlost revenue Highoperational cost Out-of-compliance 14% 25% 43% 35% 65%53% Customersdemand lowercosts Needtocomplywithcurrentand futureregulations AllRespondents Process Needcompetitive differentiation Maintainingcompliance drivesloweroperational costsandenables competitivedifferentiation Reduce operational costs Complywithregulations Increased competition TopPressurestoImproveOperations intheProcessIndustry UPGRADING ENTERPRISESYSTEMS forSuccessinProcessManufacturing