It's time for the industry to
transform and modernize

Opinion article by Nuno Figueiredo, Board Member, Sales & Marketing at Abaco Consulting, for Ntech.News: [PT Only] https://www.ntech.news/chegou-a-hora-da-industria-se-transformar-e-modernizar/

The current situation in which we live, due to the pandemic caused by the Covid-19 virus, forced us to further reinvent business models, to adopt new ways of working, so that companies continue their operations and that the world do not stop. It is a fact that this pandemic has shown many weaknesses in an increasingly global economy and has, in many cases, become an accelerating element for digital transformation, not only for organizations but also for society itself.

In this way, the pandemic scenario has shown companies the urgency to innovate and transform themselves, so that they can keep their business going. In fact, if in the pre-Covid-19 world there were several managers who were still reluctant to change and adapt their businesses to a new era, in the current context the uncertainties disappeared. Undoubtedly, Covid-19 will mark society, for all the negative consequences it had, but also for having driven, and much, the growth of the Digital Age, just as Henry Ford marked the beginning of the Industrial Age. However, much is said about digital transformation, its importance and its impact, but do leaders really know what it means and what path they must now take?

 

Is it, then, time to invest in a management solution?

Given this context, although quite unpredictable, there are several technological tools that organizations must implement in order to be able to profit from their business. Although this concept and the need for companies to put technology in their favor is increasingly talked about, many are still those who question its real advantages and grapple with an increasingly urgent issue: in view of technological developments and the need to improve productivity with each passing day, what will be the best way to do it and to what extent do ERP (Integrated Management Software) contribute to this? Is it, then, time to invest in a management solution that gives, in real time, all the data that managers need?

The answer to this question is consensual since there are countless cases in which there is a significant improvement in the business of organizations that use technological infrastructures such as ERP, in which through this any manager can monitor the data of their business, in real time , and anywhere contributing to act accordingly, and on time, if any aspect of the business is not showing the expected indexes. Have you ever imagined being able to relocate a team while coming from a business meeting? Have you ever imagined being in China and being able to follow the evolution of your business?

Currently, with the management solutions available on the market, it is possible for any entrepreneur to have total control over his company at any place or time. Thanks to management solutions based on cloud technology, the manager just needs an internet connection to access customizable dashboards based on the information they really need. In this way, technology contributes to the modernization not only of the management style adopted by any manager in this sector, but also contributes to an improvement in the productivity of the factory and all employees. Through this software, you also have access to a set of critical information about your business and the productivity and efficiency indexes of each employee and can therefore intervene if there is any deviation/behavior that is not in accordance with the objectives defined annually.

 

However, what are the concrete advantages of implementing an ERP in my factory?

In fact, several are associated with the implementation of ERP systems in any business and, especially, in factories. Below, we list four specific advantages:

  1. Systematization of processes: When the business grows, the processes gain greater complexity and demand. ERP automates all business operations contributing to more efficiency, real-time information and more automated processes, and this way, it contributes to better productivity.
  2. Cost reduction: With a reliable, real-time source of information, the software reduces operating and administrative costs. This allows producers to proactively manage the operation, preventing high costs and delays, among other negative aspects associated with the business.
  3. Flexibility: Modern ERP software is robust, flexible and configurable. They are softwares that adapt to all realities and, therefore, accompany the business as it evolves.
  4. Competition: ERP systems require a high initial investment and a long implementation period. However, after having all the information you need implemented, you can help the manager in the decision-making process.

 

In this sense, what are you waiting for to implement an ERP in your company? In this moment of radical change, it is necessary to review the business models and technologies used, but, above all, it is essential that a key decision is taken: work towards innovation or stay behind in this new era?

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