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Manufacturers face many challenges in an increasingly globalized world. Lowered trade barriers, cheaper imports, and changing tastes among businesses and consumers are all just part of the cascade of challenges that manufacturers face on a daily basis. IWI Consulting Group would like to offer you a special white paper entitled ERP: A Strategic Growth Driver for Manufacturing Firms. In this paper, we address the many challenges faced by manufacturers and explore how software such as Sage ERP X3 can help you overcome these challenges. The Only Constant Is Change All businesses face changes on a daily basis. From fickle consumer tastes to changing ways of accessing information, the world changes at an ever-faster clip. Manufacturers are not immune to the increasing pace of change. Manufacturing today is a far cry from the way it was 30 years ago – or even a few years ago. You don’t have to look far back into the past to see how global, regional, and local changes have impacted the manufacturing industry. It is important for manufacturers to accept, rather than resist, change. Change is happening at every level of the organization. To embrace change is to realize the potential inherent in many of […]

If you need to build a business case to boost support for Sage X3, one great way to support your request is through an ROI analysis. ROI stands for “return on investment.” Management likes to see figures that support new technology initiatives. An ROI analysis can help you build the case to purchase and use Sage X3. A Forrester poll of IT decision makers shows that 93 percent agree that providing a written business case to justify new work or software requests is very important. In a manufacturing environment, where every penny counts, completing an ROI report may make the approval and adoption of Sage X3 easier. What Is Sage X3? Sage X3 is a powerful enterprise resource planning tool that enables your organization to track, monitor, and report on all the important business metrics you need. From supply chain management to warehouse management, sales and service, marketing and accounting, all groups within your company will benefit from using Sage X3. For a detailed look at how Sage X3 works, IWI Consulting Group presents a free virtual tour. Just visit our website and take the tour for details on Sage ERP X3. You can use this information to enhance your ROI and […]

You can get even more benefits from Sage ERP X3 when you understand and apply these tips, tricks, and hacks to the system. Sage ERP X3 offers a powerful set of data management, financial reporting and analysis, supply chain management, and warehouse management tools for complex manufacturing environments. The more time-saving benefits you can derive from your use of Sage ERP X3, the more your business will profit. Not familiar with Sage ERP X3? Take a free virtual tour at IWI Consulting Group. Three Tips to Get More from Sage ERP X3 and Run a Smooth Implementation Sage ERP X3 offers an essential business planning and financial management tool that’s especially helpful for manufacturers. You can get even more benefits from using Sage ERP X3 with these tips. Create a team of champions: Some companies make the mistake of assigning the management of a new ERP system to the IT director and leave it at that. Winners create a team of champions—leaders from each department who can learn the nuances of the new system and share the excitement with others. Create your own internal team of champions by asking for volunteers from each department to become Sage ERP X3 experts. […]

Manufacturers rarely get excited about software updates. After all, software supports manufacturing but rarely takes center stage. The new Sage ERP X3 may change how manufacturers perceive software. It’s time to get excited about Sage X3! You can also take a virtual tour of Sage X3. IWI Consulting offers this free, virtual tour of Sage ERP X3—just visit us and you’ll see why manufacturers are raving about the new Sage X3. New Integrations One of the hallmarks of the Sage family of software is its ease of integration with other products. Sage X3 is no different, and in fact, Sage has gone the extra mile to ensure that integration with other software products is fast, easy, and smooth. Just look at this list of integrations: E-commerce: If you haven’t built an e-commerce store yet, it’s time to start. The new Sage ERP X3 integrates easily with e-commerce platforms. You can build or customize an existing web store. The software also helps you manage pricing, inventory, and customer interactions and transactions, all as part of your typical Sage X3 core supply chain management processes and systems. It’s a great way to grow your business. Production scheduler: The new production scheduler lets […]

Food manufacturers and others should take note of these important accounting trends, and check out the new financial reporting standards detailed afterward. Both may help your business in the new year. Accounting Trends: Data, Analytics, and the Accountant Accountants have always been the number crunchers of the company, but there’s an emerging trend of marrying both accounting data and other data from within a company to inform business decisions. ERP systems such as Sage ERP X3 and Sage 300 ERP provide companies with powerful data. Accountants are in a unique position to help them harness and analyze that data. Income sheets, balance sheets, and cash flows remain important reports for any company. In addition to those standbys of the accounting world, new data reports added to these basics can provide an enhanced picture of the company’s financial health. An in-depth analysis of all of the data can give your company’s managers the information they need to make smarter business decisions Accountants and financial professionals have the skillsets to analyze complex data problems and distill valuable information from them. By adding your skills to the data picture, you can help drive good decisions. The Right Tools Provide Great Data: Sage 300 […]

What business systems are most important in the era of the empowered customer? Today’s customers are empowered with information: facts, statistics, industry news, global business reports, and more. Any time customers search the web, they can find information that not too long ago resided in specialized databases scattered throughout the world. Now that information can be accessed by almost anyone, anywhere. With all that information comes new challenges. Customers no longer rely on a favored vendor simply because that vendor provides the most comprehensive information about their products or services. Service now stands out as the sole distinguishing factor between companies. It makes good sense to focus on systems and methods that enhance customer service. Business systems in the age of customer empowerment must serve that purpose and truly make a difference in the lives of customers to enhance competitive advantage. Business Systems for Competitive Advantage: Customer-Centric ERP The new buzzword is customer-centric ERP. Best in class organizations, or those who have consistently demonstrated high revenues, lowered costs, and good service utilize a customer-centric ERP model to make their businesses stand out in the crowded marketplace. To these companies, facilitating customer transactions and improving service is the best way to […]

Systems such as Sage ERP X3 that impart a customer-centric focus to enterprise resource planning can improve both customer satisfaction and your bottom line. A new white paper from IWI Consulting, Customer-Centric ERP: Integrated Systems for Satisfied Customers is available at no charge to help demystify the concept of customer-centric enterprise resource planning and to help you consider the many benefits to your business. Learn from the Best (in Class) Best in class businesses have higher rates of customer satisfaction and success. Perhaps not coincidently, they are also much more likely to view their ERP system as an important component in a customer-centric model. These are the top performing businesses in the industry, as measured by the Aberdeen Group in criteria explained in the white paper. Such businesses are 51% more likely to use a customer-centric CRM and ERP system to improve their businesses. Companies that can seamlessly integrate data across multiple systems through their ERP compared to others with siloed systems achieved an 88% increase in revenues with a 12% reduction in customer care. They could reduce the costs of customer care while simultaneously improving their company’s value and sales ability, a winning situation for any business. Other Benefits […]

How Sage Enterprise Intelligence Simplifies Data Part of ERP consulting is ensuring that companies have access both to accurate and timely data through their ERP systems. A new report demonstrates that the need continues for data improvements. Such improvements can be made through Sage Enterprise Intelligence, which integrates ERP systems, including Sage 300 and Sage ERP X3. You can download the white paper here. Many companies find they are drowning in data yet thirsting for information. The Aberdeen Group, quoted in a new white paper available from IWI, reports that 47% of mid-sized companies agree that their employees are making decisions based on poor quality or incomplete data. The same report indicates that 90% of business leaders feel they lack adequate information to make decisions when they need data. Approximately 27% of the respondents feel that data is too fragmented and distributed to facilitate the development of business plans. Data, Data Everywhere “Water, water, everywhere/and not a drop to drink” the poet Samuel Taylor Coleridge wrote in the Rhyme of the Ancient Mariner. Business can sympathize. Change the words to “data, data everywhere/and not a decision to make” and you understand the common problems faced by many manufacturing companies. The […]

Many business owners seek a competitive advantage through better business intelligence. Business intelligence solutions, such as Sage Enterprise Intelligence can provide you with big-picture data of your organization’s performance. Such data enhances your ability to make timely, accurate, and judicious decisions. These decisions aren’t limited to the big picture, however. Every portion of your business, from the warehouse floor to the manufacturing area, benefits. The more data your managers have, the better they can do their jobs. There are many surprising benefits to be derived from the implementation of new business intelligence solutions. Sage commissioned Forrester Research to analyze data from a representative sample of companies on their implementation of Sage ERP X3. The resulting analysis showed abundant benefits and cost-savings. Some, however, were surprising. Three Surprising Benefits from the Implementation of Sage X3 and Enterprise Intelligence There are dozens of benefits your company gains from implementing business intelligence solutions. But three surprising areas include: Automating compliance Improving processes Enhancing availability of data. Automating compliance: Many companies have stringent approval processes over items such as discounts, price breaks, returns, and other areas that directly impact the bottom line. Workers, however, find themselves chasing down managers for approvals, sending myriad reminder […]

ERP for manufacturing, such as Sage ERP X3, yields many benefits for the manufacturing industry. Some of these benefits are obvious, such as the availability of data, the ease with which you can run reports, and other time-saving benefits. What might not be as readily apparent is the cost-savings that manufacturers can achieve with ERP for manufacturing and distribution. Sage contracted with the esteemed Forrester Research Group to analyze such savings. Although Forrester did not focus entirely on the manufacturing sector, they did discover among their many interviews with companies using Sage X3 that manufacturers derived significant benefits. Here are just a few. ERP for Manufacturing Provides Cost-Savings ERP for manufacturing enables you to add many modules specifically tailored to your industry. One such module from Sage X3 helps you standardize purchasing protocols and processes to achieve the best discounts on goods and supplies. The entire purchasing process saw a reduction in the cost of labor, according to the Forrester research. Because Sage ERP X3 saved considerable time and effort, it reduced the cost of labor by approximately 4% annually. Less time was spent on tasks since many were automated. Inventory Materials and Labor Savings While it is likely that your […]