The Hidden Costs of Legacy ERP Systems in Manufacturing
Since the early 1990s, when the Gartner Group first introduced the term "enterprise resource planning systems" (ERP), ERP has become a widely recognised concept in industry. However, rapid technological advancements have led to a complex array of installations within businesses that fulfil their intended purposes but do not operate at full capacity.
Although a business unit may depend heavily on a specific system, the hidden costs of outdated versions or solutions versus cloud-based products can significantly impact the bottom line and leave the entire technology infrastructure vulnerable.
This eBook provides an overview of the ERP landscape while highlighting key issues to consider when deciding about a system upgrade. You can refer to it as a resource as you consider whether to maintain the status quo or modernise your IT architecture, maximising benefits and mitigating risks in today's volatile environment.
We can discuss several key concepts:
- Understanding legacy ERP Systems
- Financial costs
- Operational inefficiencies
- Scalability issues
- Impact on innovation
- How to transition to a modern ERP System