Best ERP solutions

Epicor in Taiwan

Epicor beats 16 others in Taiwan

Epicor has won a contract to replace the ERP solution at Chin Fong Machine Industrial Co Ltd in Taiwan. Chin Fong is the largest manufacturer of mechanical power presses in Taiwan. Founded in 1948 it has revenues of $7.4 billion NTD.

The company is aiming to become the largest manufacturer in the world. It has manufacturing plants in both Taiwan and China. It has also expanded further overseas. Chin Fong acquired Stamtec Inc in 1990 and also has sales offices in China, Taiwan, Malaysia, Indonesia, the USA, and Thailand. It also has a global distribution network. In 2001 it extended its capability to automobile presses and can name Toyota and Ford amongst its customers.

Chin Fong first implemented an ERP solution in 2002. Seventeen years on the business has grown significantly and become more complex. The original ERP could only support standardized products. This increased the burden on staff from workarounds and it decided to replace the legacy solution

Mr. Yuta Tu, IT manager at Chin Fong, said: “Our old ERP system could not cope with the type of orders we were receiving. With customer demands becoming increasingly diversified, whenever we processed orders or managed production, our workforce had to spend lots of extra hours to solve problems caused by the system.”

“Furthermore, since our various subsidiaries used different ERP systems, a lot of additional time was spent compiling data for use in our financial statements. All of this had a negative impact on decision-making within the company.”

A long evaluation process

Chin Fong took its time evaluating the different solutions available. In total it looked at seventeen suppliers. That it took so long is unusual, one might argue that ERP solutions can change considerably over those two years.

However, the answer may lie in another comment by Yuta: “During the testing stage, we found that the combination of Epicor ERP and Microsoft technology complemented each other well. This was especially evident when having to process unexpected financial statements—the system’s ability to quickly input data helped reduce the amount of work for the IT department, thereby greatly increasing efficiency. As a result, we decided to completely switch all of our operations to the new ERP system by the end of this year.”

With such an important decision to make, after all its previous solution had lasted more than 15 years the duration starts to make some sense. Running a pilot to understand the integrations between its different solutions clearly helped. It will also have seen the improvements that Epicor has made to its core ERP solution. Epicor updates its core ERP solution, version 10, every six months. The latest release was in October this year.

Cash flow and mobile ERP key objectives

Chin Fong also had clear objectives for its new solution:

  • Cash flow traceability: required for the core organization and its subsidiaries. By tracking orders and transfers between business units it wanted to manage resources in real-time. This allows it to provide customers with accurate quotations using accurate costs.
  • Mobile-enabled ERP: International growth means it is important that managers can see up to date information on their mobile devices. They can both view information and take action decisions through the mobile application.

Epicor was finally selected based on its integration with Microsoft, the total cost of ownership and positive reference customers.

Implementation begins in China

Chin Fong will first implement the solution at its factory in Jiangsu, China in December. The implementation at Jiangsu will deliver order processing, logistics, purchasing, and finance. Staff from the head office in Taiwan will assist with the implementation.

 Vincent Tang, Regional Vice President, Asia, at Epicor

    Vincent Tang, Regional Vice President, Asia, at Epicor

This will help them gain a deeper knowledge of the solution. It will also be useful when they deploy Epicor in Taiwan in Spring 2020. With a unified solution across its operations, Chin Fong will obtain visibility it has struggled to achieve previously. It should also make further expansion easier.

Vincent Tang, regional vice president, Asia, for Epicor noted: “Epicor has a wealth of expertise in developing ERP software for machinery manufacturers. Our solutions are specifically designed to provide the greatest level of flexibility and promote business growth. We are proud that Chin Fong has selected Epicor ERP to help meet its business goals, and we look forward to supporting the company in its future growth ambitions.”

Enterprise Times: What does this mean

With the Taiwanese manufacturing production index falling in 2019 companies need to ensure that they increase efficiency. Chin Fong will do so over the next few months. This should cut both direct and indirect costs as it rolls out the application. Importantly it will have a better picture of its costs and will be able to transfer production between its plants as required. This should enable it to maximize profits and revenues in the coming years.

The advantage of adopting the Epicor solution is that it will also be able to take advantage of the upgrades every few months without a significant cost burden. It is unlikely that it did so with its historic solution.

Source: Steve Brooks


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many businesses in Vietnam and China. For direct consultation, please feel free to contact us.

epicor helps UK manufacturers

Epicor: Why connectivity is key for UK manufacturing

Epicor is helping UK manufacturers overcome the challenges of Brexit by achieving a connected enterprise through digital transformation.

Epicor’s roots go back to the early 70s when, in previous iterations, the company began developing software for job shop manufacturers. Fundamentally focused on delivering industry-specific core solutions for manufacturing, Epicor was founded in 1999. Where there is a customer demand – typically with lower volume, higher value types of businesses – Epicor’soffering supports manufacturers of configuring to order and made for demand products.

Digital Transformation

Epicor’s Regional VP for UK & Ireland, Mark Hughes, believes that the efficiencies technology can bring to manufacturers are critical and its where Epicor aims to be at the cutting edge with functionality. “Deployment methods, cloud, SaaS, all of these things are becoming more relevant,” he says.“Whether we call it Industry 4.0, the Internet of Things or simply connectivity, it’s about taking technology and really enabling a business to get value out of that. The big thing we’re seeing at the moment is interoperability between the shop floor and supply chain. The ability to take data from anywhere in your extended enterprise, and turn that into something that helps you react quicker and satisfy more customers by making better decisions.”

Hughes warns against the dangers of being seduced by the latest “shiny new things” which can create an unwanted layer of complexity rather than adding real value. He advises: “Whatever ERP product you’re using has to fundamentally behave in a way that your business does. Increasingly, a younger workforce expects tools and systems to behave in the way we’re accustomed to with apps on smartphones. It’s that user experience approach we’re adopting at Epicor. Achieving user adoption and making the tools easy to use is critical, and technology aids that.”

The challenge for widespread digital transformation in the manufacturing industries, from automotive to food & beverage, is a deeper one than that faced by service industries with a virtual business model. “Manufacturing tends to have a shop floor with tools and machinery,” notes Hughes. “It’s why these customers are more comfortable with physical servers and are less driven to move to the cloud. Hence the need to offer choice with hybrid solutions that can start on-premise and move to the cloud where required.”

Hughes sees the hybrid-type model offering flexible solutions for manufacturers. “You can do real-time data capture physically on the shop floor, analyze it and at the same time that data can be passed up into the Azure cloud. Combining this with other data being processed means another level of analysis can be achieved. It’s not only hybrid in terms of taking particular pieces of capability or functionality and choosing where they sit, but it’s actually about levels and layers within what you do, and using that differently.” Epicor’s customers are embracing this approach. Dutch fine metalworking company Boers utilizes a shop floor where every piece of equipment is IoT enabled (see video) and drones are even used for stocktaking.

Elsewhere, London Electric Vehicles (formerly known as black cab company London Taxi) is another Epicor customer in the throes of business transformation by applying technology to the manufacture of its new, cleaner vehicles. Ultimately, whether its fully connected or mechanical sensors used for local analysis, Hughes believes it’s all about what adds value giving companies the opportunity to do more for less and de-risk.

Brexit

Preparing for risk is a big focus for UK manufacturers operating under the looming specter of Brexit. “Uncertainty always offers opportunity if you’re geared up to take it,” says Hughes. “Looking at the two different sides of our business… For food manufacturers, there’s a great opportunity to embrace the made in Britain concept. We’ve got some very successful customers, such as Ian Macleod whiskey distillers, doing just that and sourcing local ingredients to make unique local products.” 

It’s a different story for companies reliant on extended supply chains across borders. “They’ve got huge problems to overcome,” reckons Hughes. “Whatever happens after October 31st transporting across borders will be a real challenge. We’re seeing customers stockpiling raw materials and components. From a systems perspective, being able to identify and declare origins of goods, whether it’s a hard or soft Brexit, is going to lead to the necessity to be able to provide a lot more information about how goods have been created. Many Epicor customers are familiar with offering high levels of traceability throughout their products, whether that’s serial numbers of electronic components or down to what field a potato was grown in that ended up in a bag of crisps. The ability to quickly adapt to changing reporting requirements is going to be critical.” Allied to this, growing issues with the movement and reduced availability of labor is having an impact that is changing the way companies do business. “Going forward it’s important for Epicor that anybody we choose to work or partner with has a similar global model,” says Hughes who believes that the spread of capabilities maintaining the ability to service customers will be vital.

Trends

Many UK manufacturers have excelled when it comes to design and prototyping at the front end, but Hughes believes there’s an opportunity to improve production processes via automation. “How do we join the two up?” customers are asking Hughes. “A lot of them are also looking to get technology across the supply chain, making it more robust with much better levels of communication and visibility.” Hughes also notes the prevalence of the “Amazon effect” in B2B leading to customers demanding reduced lead times even with configure to order custom products. “It’s why many of our clients are looking for technology to help them make better predictions about what their customers are going to want so they can satisfy demand quicker.”

Hughes highlights that the UK has been relatively slow to adopt technologies such as automation. “There is catching up to do across the board to keep up with industries like aerospace and automotive…” He believes the best progress can be achieved with automation in bite-sized chunks. “For some of our customers, that’s as simple as putting mechanical sensors on devices to count the number of cycles a machine goes through to then start looking at simple automated handling. For others, that’s right through to the use of fully automated cobots.”

Hughes speaks to UK customers building new factories with connectivity in mind from the outset. “They’re thinking about which areas, from IoT to automation, that will make them more efficient and add real value going forward,” he says. Meanwhile, Epicor is doing its part to encourage collaboration on these key issues facing manufacturers by inviting customers to participate on advisory boards which will shape the future of their products, and the industry itself. “Some weeks I’m visiting five different UK manufacturers,” reveals Hughes. “We’re seeing them go through significant business transformation projects. To be able to bring my 25 years of experience in and around software for manufacturers, and share that knowledge to help them use technology to make their businesses future proof really excites me.”


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

epicor 2019 global survey

Epicor releases findings of global survey into business growth in 2019

Software provider Epicor unveils the results of 2019 Global Growth Index.

Manufacturing business growth has continued to rise over the past year, but at a much slower rate than the previous 12 months.

Despite challenging market conditions and the difficulty in recruiting and retaining skilled staff, there has been a marginal one percent rise in the number of businesses reporting growth.

These findings are survey results unveiled today from the annual Global Growth Index by Epicor Software Corporation – a global provider of industry-specific enterprise software to promote business growth.

For those companies who have experienced growth, maintaining it hasn’t been easy over the past year. Forty-two percent admit it has been challenging, whilst a fifth (22%) have found it stressful.

Forty percent of businesses cite market conditions as having a negative impact on growth, and 23% feel that staff skills and experience have also played a detrimental part in maintaining growth.

Political volatility and uncertainty also continue to be a common cause for concern across the globe.

“The manufacturing industry plays an integral role in our global economy and people forget that it is responsible for delivering important products we use every day,” said Epicor CEO, Steve Murphy.

“As such, the health of the manufacturing industry is something we should all be concerned about. While it’s good news to see that growth in this industry is still taking place, we need to keep a close eye on what factors are contributing to this growth and what factors are causing a lag. The information in the Global Growth Index empowers businesses so they can make strategic plans that will best position them for the future.”

Now in its third year, the Epicor Global Growth Index is designed to measure the state of worldwide business growth within the manufacturing industry. The Index tracks the performance of businesses – year on year – within 13 territories across a number of key indicators, including turnover, profits, headcount, and product range. Compared to last year’s results, the Growth Index rose by one percent. This is down from 3.7% in the previous 12-month period.

Reid Paquin, Research Director, IDC, said: “Investing in the right technology, such as Enterprise Resource Planning (ERP) solutions, can help businesses better plan for change by improving visibility and insights into current operational workflows. This can help alleviate stress and enable people to deal with challenges more effectively, by providing flexibility, agility, and adaptability needed to respond to market conditions and customer demands. Technology can also have a positive influence on other factors including work ethic and staff recruitment and retention.”

Source: Mark Bowen


Data V Tech is proud to be one of the leading ERP vendors in the Asia Pacific. We have implemented Epicor ERP for many manufacturing businesses in Vietnam and China. For further information, please feel free to contact us.

What is logistics ERP

The benefits of ERP for logistics

What is an ERP system?

An enterprise resource planning (ERP) system allows an organisation to effectively manage its flow of information in a central hub by combining all business functions in an easily accessible software feature.

There are many benefits to using an ERP system across various industries, and for logistics, in particular, ERP can be a powerful tool to manage the flow of daily information in real-time data, which can be accessed by anyone, anywhere.

Breakdown of logistics

Logistics, much like Supply Chain Management, involves the co-ordinating and transferring of resources from a supplier to the desired customer or storage facility. Where supply chain management looks more at outside organisations working together to deliver the desired product, logistics is a more holistic approach within a specific company. Logistics looks at the whole process – from the purchase and delivery of raw materials, food, and liquids, to the packaging of products and the final transportation of goods to customers.

Some of the components of a logistics company

  • Inbound and outbound transportation
  • Fleet management
  • Warehousing
  • Materials handling
  • Production and packaging
  • Inventory management
  • Security of goods

How an ERP system can assist logistics

An ERP system can assist logistics companies in managing their company more effectively, helping to reduce risks and company costs. Some of the ways an ERP system can benefit a logistics company include:

  • Inventory control
  • Distribution
  • Staff management
  • Customisable system
  • Reduced costs

With ERP software providing for one centralised system, all information required to run a logistics company can be captured in one place – including orders, inbound and outbound sales, deliveries and more. This captured information allows the company to make informed decisions and future predictions for the company based on historical data that the ERP system provides. The decision-makers can look at previous sales trends or delivery times and make changes where necessary based on this information.

The real-time data allows immediate notification of out-of-stock products, inbound orders, outbound orders that need attention, and any problems with deliveries as they occur.

The distribution side of a logistics company is one of the most important aspects of the business, as it involves precise management of the flow of distributions and control over the transportation of goods.

An ERP system provides the solution to manage the flow and distributions effectively by gathering all the necessary information in one central hub.

For transportation purposes, the ERP system can manage the transportation of goods, ensuring customers and suppliers receive their products on time. The system also allows for live communication between the drivers and coordinators, sending live traffic updates, customer addresses, and any emergency information, such as transportation issues.

Managing staff can become quite tricky, especially within a logistics company, where staff can be in various places around the country or even the world. Staying on top of staff responsibilities and whereabouts can be difficult, but with an ERP system in place, managing staff is made easy. Some of the ways managers can benefit from the ERP system with regards to the staff include:

  • Employee working hours and lunch breaks/rest periods
  • Employee information and paperwork
  • Tracking staff on the road during transportation
  • Payroll and staff increases and bonuses
  • Staff performance
  • Sick and paid leave days
  • Managing casual and permanent employees
  • Providing a list of backup staff members or casual employees in case of an emergency.

Most logistics companies will have specific ways in which they run their business, running personalised software options to match the needs of the business. An ERP system allows each company to personalise their system to benefit them and run their company data in the most accurate way.

The accurate, real-time data that an ERP system provides allows companies to reduce their monthly expenses, being able to make informed decisions quicker and more accurately. By not having to wait for information and feedback, the decision-makers in the business are able to attend to issues or make changes where necessary as soon as possible, before it becomes a huge expense to the company. This allows the logistics company to maintain and increase productivity monthly.

The ERP system provides a detailed analysis of each customer and a record of all their information, allowing the company to build personalised relationships with customers. The real-time data also reduces the risk of mistakes, delayed deliveries and unfulfilled promises to customers.

Logistics plays an essential role in the running of a country, by providing a streamlined approach to the design, production, purchase, transportation, and storage of goods to various businesses. The more streamlined the logistics company can be, the more profitable it becomes for not only themselves but their customers as well. Using an ERP system, for this reason, is hugely beneficial to all stakeholders involved in logistics.

Source: IT Web


For more information about ERP for businesses in logistics, please contact us. Data V Tech is proud to be the leading firm implementing Epicor ERP for distributors in the Asia Pacific and is pleased to share our experience with you.

erp supply chain trends

Top 3 ERP Supply Chain Trends for 2020

What are the top ERP supply chain trends for 2020? As we see the end of another year, people have been answering that question for the past two or three months. Preparing for those in the ERP industry for what’s to come. Next-generation technology has come to the forefront, and powerful emerging tech capabilities are having a great influence.

The supply chain ecosystem is typically consisting of manufacturers, suppliers, distributors, retailers, and customers. Supply chain management (SCM) involves planning, execution, control, and monitoring of supply activities within those realms. An ERP solution takes care of the physical aspects of supply; which includes storage and transportation and the market aspect of effectively managing demand and supply to meet customer demands.

Top ERP Supply Chain Trends for 2020

More Investment in Automation

The 2019 Warehouse/DC Operations Survey research showed that ERP systems or legacy warehouse management system options were the most popular choices. This year’s survey showed more people bringing automation to their processes, with 23% mentioning that compared to 15% last year. On top of that, 45% recognized that improving information technology in their warehouses was important for managing costs.

“The need to automate more aspects of the operation and find further efficiencies is certainly on the forefront for managers,” says Norm Saenz, Managing Director at St. Onge Company. “The reality is that the labor market is very tight, industrial space is tight, and these factors all play into the importance of automation, the value it can bring, and the speed of the payback. We are in active times right now as we move deeper into the realm of e-commerce, so it’s not surprising to see responses like healthy capex plans, more automation, and more people realizing they need good data with which to make smart decisions.”

Research from Emerald Insight shows that there is a positive and significant relationship between ERP systems (integration, material management, production planning, and controlling), and SCM performance. The findings of the Emerald Insight study imply that the successful implementation and the effective usage of ERP software can contribute toward enhancing SCM performance in many ways such as integration of internal business processes, enhancement of information flow among different departments inside the company, improvement of the company’s relationships and collaboration with outsourcing suppliers, customers, and supply chain partners.

Greater Need for Cloud-Based Solutions

Cloud solutions are increasingly gaining the attention of business leaders and quickly replacing legacy, on-premise solutions. In their latest press release, Gartner said the worldwide public cloud services market is forecast to grow 17% in 2020 to total $266.4 billion, up from $227.8 billion in 2019.

Cloud-based ERP systems offer the same level of functionality and security as their on-premise counterparts, while also reducing the sunk costs and customization woes that plague traditional software. Not many companies need an on-premise system anymore, so naturally, the market for cloud SCM systems is expected to grow in 2020.

“At this point, cloud adoption is mainstream,” said Sid Nag, research vice president at Gartner. “The expectations of the outcomes associated with cloud investments, therefore, are also higher. The adoption of next-generation solutions is almost always ‘cloud-enhanced’ solutions, meaning they build on the strengths of a cloud platform to deliver digital business capabilities.”

David Stephans, CRO of Rootstock Software said:

“I think the big thing we see in ERP for 2020 in the markets we focus on, which are manufacturing, distribution, and supply chain, is a move to the cloud. To the true cloud. It thinks too many companies today in their efforts to digitally transform, get closer to the customer, better respond to their customer demands, react to changes in the supply chain, and be responsive, are held back by legacy technology that isn’t connected, isn’t flexible, and isn’t modern. So I think we’ll continue to see manufacturing, distribution and supply chain companies move to next-generation cloud technologies.”

Increase of IoT Integration

With the rise of the Internet of Things (IoT), we are seeing an entirely new frontier open up before our eyes. IoT is transforming business models as we know it, adding a level of digital intelligence to the devices workers use on an everyday basis. From simply manufacturing and pushing products out the door, to becoming highly engaged service providers – the IoT has a profound impact on ERP systems and how manufacturers are accomplishing their day-to-day activities.

That being said, 2020 is likely to include an increase in companies using the IoT sensors and ensuring the respective data gets factored into the information shown in an ERP interface. Some supply chain leaders would normally lose sight of a product after shipping it out, for instance, IoT capabilities give them the ability to monitor each product so they can then better advise customers about when they should expect to receive it and offer additional services.

In the case of forecasting and inventory control, the IoT has a transformative effect on both. By allowing point-of-sale inventory levels to be shared directly to the shop floor, the IoT can give manufacturing companies a more profitable make-to-order model instead of the forecast-driven model. This applies to the replenishment of inventory stored as well.

Source: ERP Solutions Review

Epicor Automated Aftermarket Analytics

Epicor Automated Analytics Helps Aftermarket Businesses Drive Revenue

The portfolio of automated widgets is designed to help aftermarket parts distributors and service providers increase revenue by automating the delivery of vital product, application, account and other intelligence at the point of sale.

Epicor Software Corporation, a global provider of  industry-specific enterprise software to promote business growth, has unveiled a portfolio of automated widgets designed to help aftermarket parts distributors and service providers increase revenue by automating the delivery of vital product, application, account and other intelligence at the point of sale.

Rather than requiring a user to access business intelligence through discrete software, the new Epicor IDA widgets automatically appear based on keywords entered into any of a wide range of browser-based solutions, including electronic catalogs, shop management systems, and Microsoft Outlook email. A parts counterperson or repair shop service writer looking up “2015 Honda Accord Sport,” as one example, would be presented not only with corresponding parts and labor information but also a pop-up snapshot of leading, vehicle-specific service needs based on parts demand. The user can gain deeper insight by clicking on the widget to connect with subscription-based analytics available through Epicor.

“These new tools put Epicor on the leading edge of a trend known as ‘pervasive analytics,’ where we can deliver the valuable vehicle, product and customer intelligence directly to the point of decision,” said Rod Bayless, senior director, industry data analytics, Epicor. “We expect this portfolio of tools to ultimately help drive sales and transactional efficiency at every level of the industry, including in the vehicle repair bay.”

Epicor is offering free demonstrations of its new parts replacement rate widget, which ranks part demand by vehicle application across multiple product categories, and a customer account management widget that automatically provides account status, purchase trends and other key information when an authorized user enters the customer name into an integrated browser-based solution.

Source: After Market News

Data V Tech is proud to be one of the leading ERP vendors in Vietnam. For further consultation, please feel free to contact us.

erp software market 2020-2027

ERP Software Market 2020 – 2027 Trends, Analysis, Market Forecast

Erp Software Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2027). The research presents a complete assessment of the market and contains Future trends, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry-validated market data.

Erp Software Market research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the ERP Software Market along with industry-leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. The research report also provides a detailed analysis of the ERP Software Market current applications and comparative analysis with more focused on the pros and cons of Erp Software and competitive analysis of major companies.

Key players in the ERP Software market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All measurement shares split, and breakdowns have been resolute using secondary sources and verified primary sources. The ERP Software Market report begins with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry chain structure and all these together will help leading players understand the scope of the Market, what characteristics it offers and how it will fulfill customer’s requirements.

The report also makes some important proposals for a new project of ERP Software Market before evaluating its feasibility. Overall, the report covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the ERP Software market. It offers facts related to the mergers, acquirement, partnerships, and joint venture activities widespread in the market.

This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the ERP Software market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

What ERP Software Market report offers:

  1. ERP Software Market share assessments for the regional and country-level segments
  2. Market share analysis of the top industry players
  3. ERP Software Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  4. Strategic recommendations in key business segments based on the market estimations
  5. Competitive landscape covering the following points: Company Overview, Product Portfolio, Financial Performance, Recent Highlights, Strategies

erp software market 2020-2027

The complete knowledge of ERP Software Market is based on the latest industry news, opportunities, and trends. ERP Software Market research report offers a clear insight into the influential factors that are expected to transform the global market in the near future. Both top-down and bottom-up approaches have been used to estimate and validate the market size of the ERP Software market, to estimate the size of various other dependent submarkets in the overall market.

Remarkable Attributes of ERP Software Market Report:

  • The current status of the global ERP Software market, current market & the two regional and region levels.
  • In-Depth Understanding of Facets Activating the Development of the global ERP Software marketplace.
  • Current market isolation Relating to Identifying portions like ERP Software Merchandise Sort, end-use Software
  • The innovative perspective of this global ERP Software current market with layouts that are standard, and also prime chances.
  • The research of this market enticing place regarding product sales of ERP Software.
  • Various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for ERP Software market, research and consulting firms, new entrants, and financial analysts

 

For further information on the ERP market in Vietnam, please feel free to contact us here. Data V Tech is proud to be Epicor’s authorized partner and have a long history of implementing Epicor ERP in the country. We are pleased to share and will answer you the soonest.

ERP vendors 2020

Solutions Review Names 4 ERP Vendors to Watch in 2020

Solutions Review’s ERP Vendors to Watch is an annual listing of solution providers we believe are worth monitoring. Companies are commonly included if they demonstrate a product roadmap aligning with our meta-analysis of the marketplace. Other criteria include recent and significant funding, talent acquisition, a disruptive or innovative new technology or product, or inclusion in a major analyst publication.

The process of searching, evaluating, purchasing, and deploying an Enterprise Resource Planning (ERP) solution is not as simple as it once was. There’s no such thing as a one-size-fits-all approach when it comes to ERP software. Solutions today come in a variety of different flavors, each features a particular set of capabilities, strengths, and drawbacks. Choosing the right vendor and solution is a complicated process—one that requires in-depth research and often comes down to more than just the solution and its technical capabilities.

In that spirit, we’ve turned our gaze to the future of ERP software. Whether its inclusion in a recent analyst report, the release of an innovative new tool, or a bump in venture funding, these are the ERP providers that have earned watch list status from Solutions Review for the year ahead.

ERP vendors 2020

Infor is a global provider of cloud-based business management software products for companies in industry-specific markets. Founded in 2002 as an ERP software company primarily focused on manufacturing, Infor has since expanded to offer ERP solutions to industries such as automotive, distribution, construction, fashion, food & beverage, hospitality, retail, and more. Today, Infor offers industry-specific CloudSuite solutions for businesses of all sizes. Building on robust ERP systems such as Infor LN, Infor M3, and Infor CloudSuite Financials, CloudSuite solutions deliver last-mile functionality for process and discrete manufacturers; global and SMB wholesale distributors; and service industries requiring end-to-end financial, supply, human capital, and enterprise performance management.

ERP vendors 2020

In 2016, Oracle acquired NetSuite in a definitive agreement saying “Oracle and NetSuite cloud applications are complementary and will coexist in the marketplace forever.” That being said, the two offer leading cloud-based ERP solutions designed for small, medium-sized and large enterprises. From advanced financials to supply chain management to billing and beyond, NetSuite and Oracle ERP solutions give companies the tools they need to accelerate growth and drive innovation, in industries such as financial services, healthcare, education, manufacturing, and retail. Oracle NetSuite ERP is a horizontal package designed for a wide range of industries. It permits customers in any industry to manage their front and back-office functions, plus web operations, all from a single and reliable source.

Founded in 2008, Acumatica provides cloud and browser-based business management software designed for small, mid-sized businesses and large enterprises. Acumatica delivers adaptable cloud and mobile technology with a unique all-inclusive user licensing model, enabling a complete, real-time view of your business anytime, anywhere. Acumatica ERP provides the full suite of integrated business management applications, including financials, distribution, manufacturing, project accounting, field service, Commerce Edition, Construction Edition, and customer relationship management. Acumatica provides its Studio feature, which empowers business process changes while enabling software customization instead of requiring businesses to change their business processes.

Epicor ERP 10

Established in 1972, Epicor Software Corporation provides cloud-based industry-specific business software designed around the needs of manufacturing, distribution, retail, and services organizations. With three ERP platform offerings, (Epicor ERP, Epicor Prophet 21 and Epicor Eclipse) ERP solutions from Epicor help customers harness data and automation to stay productive and profitable. With capabilities spanning from customer relationship management, content management, BI and Analytics, to eCommerce and sales and financials – Epicor ERP products give you room to scale and evolve with a software system that helps you keep pace with technology in the age of Industry 4.0.

Source: Solutions Review


Data V Tech is proud to be one of the leading ERP vendors in Vietnam. For further consultation, please feel free to contact us.

sales software market research

Global inside sales software market research insight 2019-2025

The Global Inside Sales Software Market includes the industry growth driving factors, latest market statistics, trends, size, share, as well as Forecast. The Inside Sales Software market study is rendered for the global markets including competitive landscape analysis, growth trends, and key region’s advancement status. The market size knowledge, pin-point analysis along with segmentation and competitive insights. Additionally, this report investigates Inside Sales Software market share, size, trends, development plans,  growth, driver’s analysis, Investment Plan, and cost structure.

The report additionally produces a clear picture of the different factors that will drive the global Inside Sales Software market in the upcoming years. In order to assist companies to detect possible threats and to provide them a clear picture of the opportunities that exist in the Inside Sales Software market, the report provides a SWOT analysis of the global market. For study purposes, market analysts have employed accurate primary and secondary research techniques. That delivers the analyses and forecasts more accurate and assists analysts to check the market from a broader viewpoint. Additionally, the Inside Sales Software market size has been reviewed in-depth, in terms of its sales volume and revenue, furthermore to the list of the top players competing with each other for strengthening their position in the market.

The report provides an extensive evaluation of the Inside Sales Software market. It does so by historical data, verifiable projections and in-depth qualitative insights about market size. The forecasts highlighted in the report have been obtained using proven research methodologies and theories. The Inside Sales Software report aims at historical (2014-2019) events, discusses the current status of the industry and also offers valuable forecast information up to 2025. Major regions like USA, Europe, Japan, China, India, South-east Asia, South America, South Africa, Others.

The Prominent Key Players in Inside Sales Software Market:
VanillaSoft, Epicor, Salesforce, NewVoiceMedia, Bluefin, Autopilot, Podio, Zoho, Entree, SecureDoc, SAP, Abacus, Plex, HubSpot, Pipedrive, amoCRM(QSOFT)

Product Types of Inside Sales Software covered are:
Cloud-based, On-premises

Applications of Inside Sales Software covered are:
Small Business, Medium-sized Business, Large Business

The Market Factors Specified in This Report are:

Key Strategic Developments: The Inside Sales Software research encompasses the key strategic developments of the market, agreements, M&A, comprising R&D, new product launch, partnerships, joint ventures, collaborations, and regional development of the key contenders operating in the market on a global and regional scale.

Key Market Features: The report evaluated key market features, containing market share, price, cost, capacity, revenue, production, consumption, production rate, capacity utilization rate, import/export, supply/demand, CAGR, and gross margin. Additionally to that, the research gives an extensive analysis of the latest trends and their key market factors, along with appropriate Inside Sales Software market segments and sub-segments.

Analytical Tools: The Global Inside Sales Software Market report gives the accurately studied and evaluated the information of the leading industry players and their scope in the market by means of several analytical tools. The analytical tools such as SWOT analysis, Porter’s five forces analysis, feasibility study, and ROI analysis have been prepared to review the growth of the key players operating in the market.

Why Buy this Inside Sales Software Market Report:–

– The report provides a gradual lookout of various factors driving or operating or regulating market growth.
– The Inside Sales Software industry report delivers crucial analysis for changing competitive dynamics.
– This report provides a technological growth map over time to understand the industry growth rate.
– It gives future growth based on an evaluation of the Five-year forecast report.
– The report assists in understanding the significant product components and their future.

In outcome, the Inside Sales Software market is investigated for Revenue, Sales, Gross Margin and Price. These points are examined for companies, types, applications, and regions.

Ask a customized copy of Inside Sales Software Report

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Source: News Ours Today

 

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ERP purchasing: 5 things to consider

Here are five things to consider before going on an Enterprise Resource Planning (ERP) purchasing journey.

The world’s most popular ERP providers now have variations of their products built specifically for different industries and business models. Each one with hosts of add-on modules, “configurable” to a degree can create a bespoke solution meeting your specific business needs. It is recommended that you request a demo in order to check if it really fits.

It is no secret that software costs money and can be expensive. Accepting this is typically a prerequisite to embarking on an EPR purchasing journey. That is a significant commitment required to procure and implement an ERP solution.

The business can decide to embark on the pursuit entirely on its own. Otherwise, it can choose to consult with experts to guide them through the process, the time, resources. In the latter case, monetary costs can escalate quickly. In either regard though, you get out of it what you put in. Implementing the best ERP for your business and learning how to take full advantage of its capabilities can completely transform your enterprise. More importantly, that can lead to tremendous growth in your business. This up-front cost must be weighed against the substantial time and resource savings the solution will unlock in efficiency gains.

An ERP solution can be a significant investment. Thus, it is important to consider the fact that what your business looks like today might not be what it does tomorrow. The natural path of any successful business is growing. With growth comes expanding business needs, often with an increased degree of complexity.

It’s important to seek out and design an ERP tool that can grow and expand with you while offering a platform to drive innovation. This can be as simple as the ability to add additional users or lines of business. However, it can also be as complex as the ability to handle international operations across multiple business entities using local languages. To get the most out of a new ERP tool, decision-makers should keep in mind the overall trajectory of their business and their vision.

This foresight will help a new ERP become an enabler, integral to the business achieving its ultimate mission and vision.

Transitioning to a new ERP is a tremendous opportunity for a business. It opens up the possibility to transform and modernize the way it operates. For example, you can rethink how to work more efficiently today in the digital world. Keeping that in mind, though, the transition can be detrimental to a business if it attempts to completely erase its previous life. Thus, it is vital to consider the end-user when making the decision to move to a new ERP tool and its implementation.

Technology is all well and good. However, if business owners and employees cannot actually do their job, an ERP transition can cause immense turmoil. More seriously, it has the potential to be the beginning of the end. By considering the needs of the end-user “internal customer” rather than only seeking out the dream-like functionality, you can be sure to select the best course of action for the entire enterprise. At the same time, you can make the transition as seamless as possible.

Keep in mind what a new ERP tool means in its most fundamental sense for your business. Furthermore, change inevitably equals uncertainty. In large part, it is easy for a business owner or executive to make a business case for transitioning to a new ERP. Intentions mean nothing if stakeholders do not buy-in to the project, buy-in to the change, and buy-in works its way from the top down. Without it, a new ERP will never achieve its full potential and can possibly fail entirely.

Before embarking on an ERP purchasing journey, consider what it means for the people that will be most affected. Then, make an effort from the very beginning to get everyone on board. Finally, you get to work together toward the ultimate goal of improving your bottom line. Buy-in equals user adoption which equals more certainty towards achieving a return on investment.

Source: Thomas Burns

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