Aligning ERP strategy with overall corporate strategy is crucial for realising the full business value of an investment into a modern technology platform. When implemented strategically, ERP can enable companies to execute on their strategic goals and priorities. However, without proper strategic alignment, ERP risks becoming an expensive set of…
June 27, 2024
Wholesale Distribution ERP in 2024: The Future of Inventory and Supply Chain Management
Enterprise Resource Planning (ERP) software has become an invaluable asset for wholesale distributors of all sizes looking to streamline operations, reduce costs, and scale efficiently. By integrating key business systems and data into a centralised platform, ERP systems like NetSuite provide wholesale distributors with the visibility and control needed to…
An Enterprise Resource Planning (ERP) system has the potential to upgrade the way businesses work. However, the decision to implement an ERP solution alone doesn't guarantee success. Turning the promise of enhanced efficiency and growth into a reality requires a well-executed plan with precise measurements and clearly defined goals. In…
ERP failures happen more often than any company would like to admit. An overly complex system, unanticipated cost increases and misalignment between the software and a business's processes are just some of the pitfalls that can plague any ERP project. But with knowledge and foresight, these mishaps can be prevented.…
July 30, 2024
Streamline Operations and Enhance Guest Experience: The Benefits of ERP for the Hospitality Industry
Over 75% of hotel operators admit their current technology platforms are hindering guest experiences and preventing growth. In a world of instant travel reviews and fierce competition, delivering seamless service across every touchpoint is paramount. Enterprise Resource Planning (ERP) systems are transforming the hospitality industry. This centralised software integrates and…
Financial institutions today grapple with a dynamic array of challenges that test their resilience and adaptability. From stringent regulatory demands to the relentless pace of technological innovation, these entities must navigate the industry intricately to stay competitive. Cybersecurity threats loom large, demanding robust defences as consumer trust hinges on data…
Over 60% of global financial institutions will increase their investment in compliance initiatives within the next two years. The ability to navigate a constantly shifting regulatory landscape, manage multi-currency transactions, and make informed strategic decisions in a complex global marketplace are now prerequisites for success in the financial services industry.…
Managing Risk and Supplier Relationships As supply chains stretched around the globe, they also became increasingly vulnerable. Events in one country can easily create ripple effects that cripple a company halfway around the world. This means careful scrutiny of potential partners, not just when signing a contract, but as an…
Manufacturing in the 21st century is a relentless race to optimise costs, meet evolving customer demands and navigate complex supply chains. Over 30% of manufacturers cite rising material costs as their top concern. To win in this environment, agility is paramount. Legacy ERP systems, with their siloed data and inflexible…
Over 47% of surveyed Australian wholesale businesses plan to expand or diversify their distribution channels in the next year. To thrive in this evolving market, wholesale distributors must maintain efficiency, manage the intricacies of supply chain networks, and ensure exceptional customer experiences. NetSuite provides an adaptable cloud-based solution, offering the…