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Episode 28 Certainty in an Uncertain World

Episode 28 Certainty in an Uncertain World

Released Tuesday, 9th November 2021
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Episode 28 Certainty in an Uncertain World

Episode 28 Certainty in an Uncertain World

Episode 28 Certainty in an Uncertain World

Episode 28 Certainty in an Uncertain World

Tuesday, 9th November 2021
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It's Crazy Out There!We can't control the outside world, but as Uncertainty reigns externally, Business Equilibrium results when we create better data certainty within our businesses. See how other leading companies have managed the raging seas of uncertainty in the boat of Cloud ERP ERPodcast - Ranked #3 in Top 15 ERP Podcasts!

Recently - Feedspot.com a digital content aggregator assymbled a Top 15 ERP podcasts list - and the ERPodcast came in at #3 - Unfortunately, we dropped in the recent rankings and today's episode contains the original recording we posted on LinkedIn when the original rankings came out - apologies for any confusion!About today's ERPodcast MIsaligned incentives - budget shortfalls - tight implementation timelines - How do you conquer the most common pitfalls leading to a failed ERP implementation? The ProfitFromERP methodology bakes in best practices so you end up watching company goals and, like we say, ProfitFromERP, our clients make ERP PAY!E28c ERPodcast - Certainty in an Uncertain World

 

MFX up and under (but louder than last time)

 

 

It’s the ERPodcast Episode 28 – The official podcast of ProfitFromERP.com and I’m the Director, Gene Hammons, Over the past 18 months, we’ve helped about a dozen companies get through challenges we never thought any of us would face.

 

If you’ve listened to earlier ERPodcast Episodes, you know what a huge advantage digital companies had dealing with a world gone virtual.

The #1 Issue? Uncertainty. The country, the workforce, supply chains, inflation, is covid up or down? Opening up or locking down?

- - There’s a world of uncertainty out there  - - - if we’re going to maintain the right business equilibrium we need to create more certainty within the four walls of our businesses.  We can’t control outside uncertainties but we can surely affect the internal workings That’s Our ability to respond. That’s response – ability – and here’s how some of our clients define business responsibility today.

 

One big uncertainty is in today’s workforce. How do we deal with the changes, what are the technology issues that can even stop top talent from joining your firm? So let’s talk about how can technology help us get more done with the fewer people we actually do have on staff

We’ll examine that.

 

Supply Chain issues? Overseas shipments are bringing back the old phrase Slow Boat from China – which many of you didn’t even know was a phrase – tech can’t help get your boat unloaded. But we can use demand planning to anticipate shortages long before your ship is just offshore with the parts, raw materials and goods your customers are already waiting for – never mind the trucking

 

 

Creating certainty in an uncertain world comes down to the Information in Information Technology – just in case you forgot what IT stood for.  Is your information good enough, timely enough, informative enough? You may be running a traditional ERP system that wasn’t ever giving you the reports you need. Or you may have a great baseline ERP but operationally, there’s no accurate way to gather data. Or FP&A modeling – can you project your profit margins when gas goes to $5 a gallon? Sometimes it’s modular additions to your technology stack – Sometimes it’s a complete Digital Transformation – a total software overhaul of your company.

 

Here’s what real world ProfitFromERP clients are doing to create certainty for savvy CFO’s and operational teams.

 

Item One – having a hard time finding enough people?  Maybe your old technology is keeping today’s workforce away  - - Item Two It’s th...

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