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WBSRocks: Business Growth with ERP and Digital Transformation
Author: Sam Gupta
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© 2024 WBSRocks: Business Growth with ERP and Digital Transformation
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WBSRocks podcast features in-depth conversations on ERP, digital transformation, supply chain, eCommerce, enterprise software, and industry 4.0. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily commercial, operational, or financial challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various enterprise software, ERP and eCommerce vendors and solutions, and enterprise software mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!
622 Episodes
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Send us a textThe unique nature of discrete manufacturing necessitates specialized capabilities and approaches. Unlike process manufacturing, which is formula-driven, discrete manufacturing focuses on managing individual components and the quantity of finished units. This specificity can pose challenges, especially when integrating varied materials and components. Consequently, discrete manufacturers must consider a range of factors to optimize their operations, from precise inventory control...
Send us a textECC to S/4 migration is never easy. There are several considerations, including differences in architecture, licensing arrangement, and change management. But if you have been creative with your licensing arrangement in the on-prem setting, your experience might be even more shocking. The things you could do in the on-prem world might not be permitted in the new architecture. Also, just because you own your instance doesn’t mean that you have the right to do whatever you want wi...
Send us a textProject Manufacturing, positioned at the intersection of manufacturing, construction, and professional services, poses unique challenges. While engineer-to-order setups may exhibit some similarities, pure project manufacturing involves highly specialized processes that demand customized workflows. These business models, frequently involved in long-term contracts, place significant emphasis on estimation, quoting, and marketing automation. Industries operating within this sphere ...
Send us a textField service workflows intersect with a range of enterprise software categories, such as CRM, ERP, and TMS. These workflows display notable differences when analyzed across various industries. Residential services, for instance, require integrations that differ from those needed in non-ERP sectors like insurance or utilities. Efficient field service routing necessitates substantial capabilities in connecting business rules, often diverging from conventional ERP workflows to add...
Send us a textConfigure-to-order (CTO) manufacturing presents a distinctive category, with many businesses initially steering clear due to the challenges of product standardization overhead, which is particularly daunting for startups. Furthermore, the expectations diverge notably between B2B and B2C industries regarding configure-to-order processes. B2C sectors like furniture, mattresses, automotive, appliances, and tires often demand configurability, largely propelled by consumer demands. C...
Send us a textWhat is Exceptional Leadership? Is it characterized by a potent blend of vision, empathy, and resilience? Does it transcend mere management, inspiring individuals and teams to reach heights they never thought possible? Exceptional leaders foster a culture of trust and collaboration, empowering their team members to innovate, take risks, and learn from failures. They lead by example, demonstrating integrity, humility, and a relentless commitment to their organization's mission an...
Send us a textEngineer-to-order (ETO) manufacturing firms combine elements from multiple manufacturing models such as project manufacturing and make-to-order. These companies are recognized for their complex operations, serving industries like equipment manufacturing, modular housing, and bridge construction. Differentiating genuine ETO setups from construction-focused projects can be challenging due to overlapping characteristics. Nonetheless, the key identifier of an ETO company lies in its...
Send us a textVertical software was once considered a niche market within enterprise software, primarily served by VARs and ISVs with limited growth potential, while OEMs thrived on platform and ecosystem-focused business models. However, this landscape has shifted, especially with private equity firms adopting consolidation strategies during economic downturns, leading to a reevaluation of their go-to-market and marketing approaches and sometimes even overhauling their code bases entirely. T...
Send us a textUnlike make-to-stock enterprises, make-to-stock companies typically focus on consumer needs, requiring strong supply chain planning and possibly eCommerce functionalities. These companies operate across diverse sectors, including both discrete and process manufacturing approaches. Their product ranges may include everyday essentials like food and household items, as well as consumer electronics or vehicles. The materials used can vary significantly, ranging from plastics and che...
Send us a texteCommerce stack has evolved significantly with substantial overlap among different tools. Inventory is one layer that is shared by several systems, with each serving a very different perspective. When commerce refers to inventory, it only cares for counts and ignores other elements that might be relevant for other layers. However, not normalizing the front end of the inventory layer can lead to issues such as findability, impacting sales.In today's episode, our guest, Vikram Sax...
Send us a textWithin the expansive domain of manufacturing, make-to-order enterprises distinguish themselves with their specialized operations. Although they are often categorized alongside make-to-stock, engineer-to-order, and project manufacturing firms, make-to-order businesses operate in a unique manner. Unlike make-to-stock establishments, they fabricate products only after receiving orders, which demands tailored supply chain procedures. While they share similarities with engineer-to-or...
Send us a textOnly a handful of companies possess a truly robust network capable of fueling demanding AI and ML algorithms. This network is crucial not only for optimizing the supply chain but also for facilitating platform adoption. If suppliers are hesitant to embrace the platform, it can disrupt joint planning and forecasting efforts, leading to misalignment throughout the supply chain. While numerous supplier collaboration platforms exist, managing international and multi-party supply cha...
Send us a textThey are distinct and require a specialized ERP strategy because of their unique product development, quality control, and production procedures. This varied sector includes manufacturers, distributors, and retailers, each requiring a customized ERP approach to match their individual business operations. Even within this market segment, diverse product categories such as Dairy and frozen food show notable differences in ERP suitability. Examining transactions and their connectio...
Send us a textFP&A space has come a long way. While companies might struggle to understand the difference between an ERP and an FP&A tool, even FP&A tools differ substantially. And not all tools are likely to have the same capabilities. Some tools are designed for larger volumes of data, while others might not be as connected underneath, causing communication and integration issues. As a customer, you are likely to understand these issues only after you have signed the contract an...
Send us a textCharacteristically lacking inventory-focused operations, ERP systems designed for service-oriented industries require unique features and architecture. Unlike product-focused sectors, which heavily utilize inventory costing layers and MRP strategies, service-oriented industries showcase even greater operational variety. In certain instances, ERP functions might be limited to managing corporate financial ledgers, with operational tasks handled by custom software solutions. This d...
Send us a textWhile Anaplan may have coined the term "Connected Planning," many businesses still grapple with identifying the appropriate interconnected elements. Supply Chain suites opt for a unique strategy, integrating planning with network and retail-focused execution components like WMS, TMS, and OMS. ERP suites, conversely, take a different route, encompassing FP&A alongside S&OP capabilities. Despite dedicated planning platforms addressing specific planning functions, they ofte...
Send us a textIn contrast to service-oriented industries, product-focused sectors prioritize inventory management over human resources and employee satisfaction. This difference calls for specialized ERP systems tailored to their needs. Manufacturers, distributors, and all players in the production cycle prioritize their products as the key distinguishing factor. Service-oriented firms that offer consultancy to these product-centric entities represent the minority in this scenario.In this epi...
Send us a textSupply Chain has become as much a buzzword as supply chain systems. What are supply chain systems? Are these systems designed to process transactions or enable collaboration? Should they cater to sourcing, product management, or logistics? Should they host processes such as ESG, trade promotions management, or upstream vs downstream processes?In today's episode, our guest, Eric Linxwiler, discusses supply chain transformation stories and concepts. He distinguishes how the produc...
Send us a textWithin the domain of real-time transportation visibility platforms, there are noticeable resemblances as each emphasizes comparable capabilities. However, distinctions become evident; certain platforms specialize in specific transportation modes, while others boast multi-modal proficiency. Geographic coverage also varies, with some predominantly serving North America and others exclusively focusing on Europe. While some operate independently as standalone applications, their pri...
Send us a textSimilar to how a business model can't be purchased off-the-shelf, enterprise architecture is not something you can acquire ready-made, either. Numerous factors come into play when defining architecture and determining suitable locations for inventory, allocation, and collaboration. Considerations for architecture may vary depending on factors such as speed requirements or financial control specifications per transaction. In the context of S&OP systems, a significant consider...
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Hi WBSRocks thanks for sharing your informative great podcast.