Legacy ERP systems, most of which are decade-old, make it hard to upgrade & maintain the platform. Also, staffing becomes more complicated because you can't afford to lose specialists & also it is challenging to train new staff in maintaining ERP systems running on older platforms.
Among all, the most considerable risk is being left behind competitors who leverage modern ERP systems & embrace modern technologies to streamline operations and make exponential growths in efficiency. Apart from these, there are more challenges that the manufacturing industry is expected to encounter, like lack of data security, integration issues, downtime woes, lack of agility, Ineffective scrap monitoring and reduction, longer manufacturing cycle time, skill gap and more.
To outperform competitors, manufacturers require an engaging ecosystem. Multichannel capabilities through cloud drive networking can provide the manufacturing industry with immense flexibility and fulfil customer demands in real-time.
Indeed, the Forrester/SAP study found that most organisations considering options are counting on ready to use solutions rather than relocating existing systems.
There are many benefits of these readymade solutions, particularly implementation, and future upgrade costs will be immediately reduced. That supplier generally maintains features provided by a software vendor. Not only these but there are also many better advantages.
Yash presented the 'Accelerate your SAP S/4HANA Digital Transformation' Webinar on the 24th March 2022
Uploaded 19 hours ago (25-05-2022)
Sponsor Resource: Yash Technologies
Event: Accelerate your SAP S/4HANA Digital Transformation
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