A Case for ERP System Integration - Adapting to the New Normal
The ongoing COVID-19 pandemic has had a major impact on supply chains around the world, forcing manufacturers to consider ERP system integration as they rethink their approach to vendor and client management. Companies that are dependent on China for raw materials and finished products are among the hardest hit, especially those that have a direct interest in Wuhan – 200 of the Fortune Global 500 firms have some presence in the region. Even if the global economy returns to some form of normalcy in the months ahead, there’s no guarantee these supply chain disruptions will completely disappear. Planning for an uncertain future For decades, manufacturing companies have focused on optimizing IT systems and back-end processes to reduce costs, efficiently manage inventories, and maximize asset utilization. While these efforts have helped companies mitigate smaller disruptions, most have never faced a threat as serious as the COVID-19 outbreak. Between supply chain re...