Simplifying Life at Special Metals Welding Products

Special Metals Welding Products needed to adapt an actual cost methodology in order to effectively compete in the erratic nickel market, where profits are measured in pennies per pound. It was clear that cost management was a critical application. By implementing an enterprise resource planning (ERP) system as its integrated business system, its profitability doubled in less than two years.

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11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

From VAR to Solution Provider: Five Strategies for Business Transformation

  • Source: Computer Economics, Inc.
  • Written By:
  • Published:
The traditional value-added reseller (VAR) business—comprised of companies that add features or services to an existing product and then resell it as an integrated product or complete solution—has become more challenging, with declining product margins, increasing competition, and lower-cost alternatives to proprietary products. The pressures are causing many VARs to grow their businesses from simply selling products to offering more comprehensive solutions built on a richer set of services and recurring revenue models.

For decades, VARs have been an important channel for original equipment manufacturers (OEMs), like computer manufacturers and software vendors, to reach customers. The “value-add” can simply be to provide local implementation and hands-on support or it can involve adding other hardware, software, and services to tailor the OEM’s product to a specific industry, problem, or use. In many markets, customers prefer buying from VARs instead of directly from OEMs, as VARs are closer to the customer, offer local support, and are in a better position to develop long-term relationships.

The VAR business model has been attractive in the past, as it was profitable to resell OEM products. Over the past decade, however, product margins have been shrinking as the result of several long-term trends. In this report, learn about five strategies for making the transformation from VAR to solution provider. The changes needed require a new view of the business and a new mindset, to move from a deal mindset to long-term customer relationships, become invested in customer success, and transition from cash up front to realizing revenue over the life of a contract. Read More

TEC 2015 ERP for Discrete Manufacturing Buyer's Guide

  • Source:
  • Written By: Ted Rohm
  • Published: February 3 2015
The TEC ERP for Discrete Manufacturing Buyer’s Guide was developed to provide unique perspectives on the state of the enterprise resource planning (ERP) solution market for manufacturers. Discrete manufacturers face a number of business challenges in the 21st century, including the traditional challenges of planning and managing production, managing costs, and staying compliant with regulations, and newer challenges related to the ability to support customizable and complex products and global markets, and hiring qualified staff.

How are manufacturers and vendors dealing with these changing requirements for manufacturing ERP? Read on to find out. In addition to a functionality comparison of manufacturing ERP products currently on the market, the TEC 2015 ERP for Discrete Manufacturing Buyer’s Guide includes the results of TEC’s ERP trends survey (showing some surprising trends and stats), a discussion about how ERP vendors are differentiating themselves these days with elements enhancing user experience, and a special section dedicated to configure, price, and quote (CPQ) solutions and their growing importance to discrete manufacturers. Case studies and thought leadership from leading vendors in the discrete manufacturing ERP software space are also included as examples of recent successful ERP implementations and upgrades. Download the free guide now for TEC's expert analyst insight into manufacturing ERP trends, functionality comparisons, and vendor differentiation.  Read More

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Fabricated Metal Products-The Most Complete and Adaptable On-demand Business Solution

  • Source: SAP
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Fabricated metals companies need to create a competitive advantage around their core competencies, demonstrated by their ability to respond quickly to change, efficiently manage relationships with suppliers, and deliver quality products on time. Read about a solution that provides these companies with transparency and control over their entire business, empowering them to respond immediately to issues and opportunities. Read More

Welding Different Companies into a Business Powerhouse

Microsoft recently researched the experience of nearly 200 companies with more than 250 PCs that have deployed one or more of the applications in the Microsoft Dynamics line of business management solutions. Among these companies, a common issue was growth via mergers and acquisitions (M&A). Find out about the pain points, and how Microsoft Dynamics can help support growth via M&A to drive business success. Read More

ERP Issues for the Midsized Life Sciences Company

What makes your enterprise resource planning (ERP) requirements difficult for most vendors to satisfy? As a life sciences company, you have operational processes that set you apart from other manufacturing companies. And, your regulatory requirements, including 21 CFR part 11, aren’t like those of any other industry. The challenge is to manage compliance risks and compliance costs. Learn about an ERP compliance strategy. Read More
 
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