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The Dangers of Unplanned Growth

May 09, 2016

Profitable growth is a hallmark of a thriving business. When growth goes according to plan, it can feel like you’re sailing along the high seas in a magnificent ocean liner that can’t fail. But how about when growth doesn’t go according to plan or when it’s fueled by surprise surges in demand? In sharp contrast to planned growth, unplanned growth can be daunting and overwhelming—like bailing water out of a sinking ship.

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How Manufacturers Can Successfully Manage the Complexities of Growth

May 03, 2016

It’s simple: you want your business to be profitable, and growth can lead to increased profitability. However, the reality of growing your business is anything but simple. For example, on one hand, growth may lead you to take on bigger, more complex projects, diversify your product offerings, and expand your target markets. But on the flipside, the excessive pressure on operations may damage quality and slow down service, causing your customers to lose satisfaction and go elsewhere. 

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Five Risks Manufacturers Face When Not Planning for Growth

April 04, 2016

While most manufacturers consider growth to be positive, there’s no escaping the inevitable challenges that come with it—hence the familiar term "growing pains.” Business growth can indeed be difficult and overwhelming, especially when you’re not prepared or have a plan in place to manage it. Of course, failing to plan is planning to fail. As a manufacturer, you face serious risks to your business when you don't plan for growth or have the necessary tools to plan properly. 

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Five Proven Success Factors for Manufacturing Growth

March 30, 2016

As a modern manufacturer, you know that growth isn’t just a business goal—it’s an imperative for staying in business given the intense competition you face. So it probably won't surprise you that a recent survey  by Epicor and MORAR Consulting showed that most manufacturers expect to grow their businesses in the next 12 months. However, what probably will surprise you is business growth itself. It's true: surprises are bound to happen as a business grows regardless of how prepared an organisation may be (or thinks it is).  

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ERP in 2016: Top Trends

March 18, 2016

With the turn of the calendar comes a raft of predictions for the coming year, and so it is with trends in enterprise resource planning (ERP). Among the most interesting trends are six put forth by Panorama Consulting, Manufacturing Business. Although the systems themselves may not become obsolete, the definition of and difference between Tier I, Tier II, and Tier III ERP systems certainly will. There are simply too many options and sophisticated technologies in the market to think that the big three incumbents

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How Effective ERP Training Can Help Promote Innovation and Growth

February 09, 2016

In this age of innovation, how can organisations position themselves to promote future growth? As a substantial source of insight, your employees are responsible for both implementing business processes and contributing to ongoing business intelligence. So when implementing a new ERP (enterprise resource planning) solution, effective training can contribute positively to business outcomes and potential for future growth. 

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Make Decisions More Effectively with the best ERP Software

February 08, 2016

Effective ERP software can provide you with data in a contextual, easy-to-understand format, so that you save time, reduce the risk of inaccuracy in your own calculations, and obtain insights that you otherwise may not have been able to establish.

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