Reviews and corrects ledger-to-subledger alignment in D365 by fixing posting configurations, inventory profiles, reconciliation logic, GL mapping, and critical reporting procedures.
Time for a Digital Transformation?
Posted on: October 5, 2021 | By: Minela Covic | Uncategorized
Recently, Supply Chain Management has been challenging, to say the least. These challenges could include working remotely during the pandemic, navigating resource shortages (employees and materials), or managing transportation issues that have arisen. These challenges can be turned into a great opportunity for your company to make a digital transformation. Some companies believe that due to these unprecedented challenges, now is not the right time for changes within their organization. This could be because of the time it takes, or the costs involved. However, this post will talk about how the perfect time for your company is to make a digital transformation is right now.
What is a digital transformation?
A digital transformation is the adoption of digital technology by a company to improve business process, value for customers and innovation. To larger companies, a digital transformation could be referring to integrating digital technologies to change how their business works. For example, upgrading their ERP system to a cloud-based platform rather than an on-premises platform.
Alternately, to other organizations, digital transformation could refer to an individual business process. For example, upgrading their requisition process from paper requisitions to utilizing electronic requisitions within their existing ERP system.
It Takes Time:
The time that it takes to transform an organization can vary depending on what digital transformation is right for your organization. A full ERP implementation is going to take longer than an upgrade or optimization. Nonetheless, we can agree that any transformation will take time. Logan’s methodology includes the creation of a project plan where Logan works closely with our client to plan what needs to be done as part of the project and when each step should be completed. During this process, we can adjust the plan to ensure that timing aligns with our client’s needs.
Embracing Technology:
These challenging times have, in many organizations, accelerated the adoption of technology solutions that they may not have used before. This is a great chance to continue that momentum within the organization while continuing to enhance your business practices.
For example, a new cloud-based ERP solution could be just what your organization needs to evolve the way you manage your business, data sources and systems into a centralized ERP system. This will not only allow your business to run more efficiently now, but it will also ensure that your company is better prepared if it faces similar challenges in the future.
Depending on the cloud-based ERP solution that is right for your company, this digital transformation can allow for better planning and forecasting capabilities to manage inventory and production. It can also provide you with the flexibility that is needed to adjust based on the current environment, while providing updated and accurate data in real time.
We are here to help you determine what digital transformation is right for your business. Please do not hesitate to contact Logan Consulting to discuss your current processes or to explore other ways we may choose to work together.
Logan Consulting is a professional services firm committed to helping businesses improve business processes to get the most from their ERP investments.
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