"Almost three quarters (74%) of manufacturing and engineering companies post-pandemic are still relying on inflexible, often out-of-date, disconnected data is sufficient to support corporate decision making. Yet, with labor shortages and rising staff wages adding to the challenges facing SME manufacturers, the pressure is now on to gain control."
Recently, Absoft ADIMA ERP Solution for SMEs made an appearance in multiple publications, addressing current challenges SME manufacturers face and how digital transformation efforts can help address those, fast. In this thought leadership article, Don Valentine also explains how ADIMA ERP is transforming SME Manufacturing in the UK by uniquely meeting all industry-specific requirements and budgets, while helping the UK manufacturing small & medium size businesses grow and thrive.Â
Below we share a short taster of the thought leadership article. Read the full article at Top Business Tech, IT in the Supply Chain or Intelligent SME.tech
Need for a change
Investing in improvement in the manufacturing industry – one of the largest industries in the world – has become a crucial part of growth for any successful business.Â
Yet many manufacturing SME’s still struggle to adapt with the times and implement necessary automation and technological changes. While SMEs understand the need for innovation and try to adopt partial changes on various sides of the business such as shop floor, finance, sales and other, they miss on overall connectivity between departments. This missed opportunity of linked processes and business transformation brings a new, better way of doing things for SME manufacturers, from materials, production to supply chain, minimizing the room for an error.Â
The Challenges
The last two years have been anything but predictable and businesses have faced many challenges like rising material prices, supply chain disruptions, reduced staffing and fluctuations in demand. And the situation keeps changing – can businesses make decisions base on last year’s data? Is there an end-to-end solution to help businesses make informed decisions at the right time?
ERP is the obvious answer – a single way to receive complete accurate information of the entire business process in real time –Â but there are many valid reasons why SME manufacturers hesitate – business disruption, the cost and the question of implementation success and overall effectiveness. Is there a solution that would be the right fit?
The right step forward
A pre-configured system, specifically tailored for SME manufacturer’s needs is the all-in-one game changer.
The up front pre-configuration allows to deliver all functions an SME manufacturer needs without lengthy and costly configuration. The overall project and it’s implementation then takes 12-16 weeks to be completed and ready. In comparison to usual ERP system implementation projects, which can take up to 12 months, this solution minimizes the transition time reducing the business disruption and cost. Also, the cost can be furthermore reduced when deploying on cloud, easing the business of premise system related demands.
True transformation
The day-to-day processes truly change and improve the ways the business is done. Period. Being able to have full visibility and control over your business allows for long term-improvement, smart decision making based on live data (including material orders, production, sales demand control, bottom line management and delivery). Further more, all staff can updated and have access to information. It simply allows your business to unleash its full potential.Â
