The 2008 US-President Elections campaign slogan "CHANGE WE NEED" by Barack Obama led him to a victory. Being the decision-makers of enterprise, are you inspired to think of some changes in the operation of your daily business?
Near the end of 2008 is definitely the busiest period for the accountants as they need to hurry up for calculating this year profit. The result could either be encouraging or worse. Even though the company has achieved its target with the joint effort of different departments under such disadvantageous situations; however the investment in production, fixed asset, human resources etc also increased compared to the previous year, the overall profit margin does not increase much though as well as the warehouse storage quantity, the purchasing cost and the sales cost still remains high.???
In early 2009, most companies are busy with summarizing the previous year and forecasting the current year. They may formulate a set of ¡§Strategic Planning¡¨ to confront the upcoming peak production season. For those who have not prepared it yet, is it time for a "CHANGE"? What to "CHANGE"?
What are the reasons for the cease flowing of inventory and semi-production process? These may be due to over-purchasing of raw materials, the change in production process, the miscommunication between order-processing and production department. The increase in cost of purchasing may be caused by the cost of delivery and over-time payment by suppliers. Similarly, the increase in cost of sales may be caused by the change in delivery method from ocean shipping to air freight.
Warren Buffett¡¦s famous saying: "Only when the tide goes out do you discover who¡¦s been swimming naked". If this situation is found in your company, it needs not to hurry setting up the new ¡§Strategic Planning¡¨, but examining the existing system and processing procedures; and see how effective they are to your strategic planning? Do they need a "CHANGE"?
When an ERP system is running smoothly in most of enterprises, no matter the size and type of the enterprise, we believe that it should be suitable for your company too. If your company is still manually-driven, it is time to "CHANGE" from manual-processing to computerized-processing by implementing an ERP System.
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