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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 disruptive innovation definition


The Need for Investment in Enterprise Innovation: Part One
Manufacturers throughout the world are scrambling to respond to ever-changing economic conditions, increasing (or at least fluctuating) material costs, and

disruptive innovation definition  the right balance of disruptive innovation and product enhancements, taking into account the risk vs. reward potential across these categories. 3.     Inability to judge what is valuable (and what is not) . Organizations often lack market-driven processes for determining the potential business value of investment alternatives. As a result, spending decisions are sometimes based on little more than a gut feeling. Features such as scorecards, tailored idea-selection criteria, resource reports and

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » disruptive innovation definition

Dealing with Chaos: 4 Steps to Manufacturing Success


Manufacturing today is fraught with uncertainties in the supply chain due to a variety of global issues, including weather and exchange rates. You can counter supply problems with “safety stock.” But this extra inventory goes against the rules of an efficient lean environment. How can you stay demand driven, without a supply snafu? Find out how an information management system can help forecast your supply chain needs.

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Transportation Management and the Adaptive Supply Chain Network


To respond to the demands of today’s highly competitive global environment, traditional linear supply chains are evolving into complex, global ecosystems. These “pull” (demand-driven) environments working in conjunction with traditional “push” environments are known as adaptive supply chain networks (ASCNs). ASCNs allow all supply chain stakeholders to share knowledge, make collaborative decisions, and sense and respond immediately to changing conditions.

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Collaborative Analytics: Sharing and Harvesting Analytic Insights Across the Business


Sadly, a division exists between business analysts and IT—they often perform separate data-related duties. There are benefits for companies that unite business analytics with business intelligence. But the adaptive information cycle—a model linking the center-out approach of traditional data warehousing to the emergent prototyping typifying today’s analytic environment—is not as complex as it may sound. Learn more.

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New-world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment


The concepts of return on investment (ROI) and total cost of ownership (TCO) have been used for decades in enterprise evaluations of IT investments, including enterprise resource planning (ERP) systems. However, with the emergence of important new technological advances, executives are now expanding these traditional formulas to account for new opportunities. Learn more about their new methods for measuring ERP value.

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Meeting Intuit at Dreamforce 2012


Whether pandering to their voting blocks, politicians in this election cycle often say that most innovation takes place in small businesses. Indeed, how many times have we heard a statement to the effect of “The entrepreneurial spirit is a critical part of the global workforce and gross domestic product”? Yet small to medium business (SMB)-driven innovation often gets overlooked, as large

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AspenTech Searching for Definition in FY2000


Founded in 1981 as a developer of computer-aided chemical engineering software, Aspen's growth has resulted in a wide variety of applications for management and execution-level process manufacturing. Hit hard by flagging revenues, Aspen is distilling its product suite down to its most profitable elements in hopes of invigorating its business and capturing a share of the supply chain management market.

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Providing Innovation to Do Business Better


Outsourcing of developmental activities is not new. However, the outsourcing of research activities remains relatively unexplored. Recent trends indicate greater research and development (R&D) outsourcing, with customers open to handing over complete product lifecycle responsibilities to vendors. The chief reason for this change is that companies are realizing that the benefits of R&D outsourcing extend beyond cost arbitration. Rather, it facilitates the creation of global collaborative development skills of both the provider’s and buyer’s employees through exposure to new research tools, methodologies and best practices. Learn more now.

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Summarizing PTC’s Decades of Fervent In-House Innovation (and Acquisitions) - Part 3


Part 1 of this blog series introduced Needham, Massachusetts (US)-based Parametric Technology Corporation (PTC, NASDAQ: PMTC), which is an over US$1-billion large software company that develops, markets, and supports product development software solutions and related services. My post analyzed the company’s genesis from its inception in 1985 through the mid 2000s. Part 2 then analyzed the most

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Creating Innovation Breakthroughs in Industrial Equipment Manufacturing and Machine Assembly


Industrial equipment manufacturers have historically embraced shop floor improvements as a way of increasing efficiency and maintaining profitability. But in today’s radically altered industrial environment, there is a clear imperative to look beyond the shop floor. To hold down costs and compete against other low-cost companies, manufacturers must find areas of improvement in all aspects of business.

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From Problems to Ideas through to Innovation


Unsurprisingly, research shows that the majority of companies see their future predicated on how well they can innovate. However, just throwing IT technology at issues in the hope that innovation will happen is not viable. Ideas are ephemeral and easily crushed within the wrong environment. Creating a suitable culture, allied with a well implemented idea management approach combined with strong leadership, is required.

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