The Role of ERP in Globalization
Globalization presents both business and technology challenges. Companies find there is no silver bullet when responding to the increased complexity of the supply chain resulting from globalization. Options range from balancing supply chain velocity with landed costs to relocating manufacturing operations. Enterprise resource planning (ERP) is a mission-critical component of any globalization strategy.
The information made available through ERP is key to providing visibility to key performance indicators (KPIs) and meeting corporate objectives. In fact, companies that automate and streamline workflows across multiple sites – including suppliers, partners, and manufacturing sites – see more improvement in reducing total time from order to delivery. Yet, few companies take advantage of the technology available today that would support and sustain these collaborative efforts.
In the Aberdeen Report, "The Role of ERP in Globalization: A Low-Cost Approach to Reaching New Markets," Aberdeen reviews the reasons for utilizing enterprise resource planning software to manage global operations – and includes recommendation actions.