2021 Marcum National Manufacturing Survey

15

www.marcumllp.com

100%

Q29 What ERP (Enterprise Resource Planning) are you using as your primary system?

90%

80%

70%

60%

Other 48.57% (17)

Microsoft (SL, GP, NAV, AX, Dynamics, Business Central, Other) 5.71% (2)

IQMS 2.86% (1)

50%

40%

Oracle (Netsuite, Oracle ERP, Other) 8.57% (3)

Infor (Syteline, Cloudsuite, M3, other) 5.71% (2)

30%

Global Shop Solutions 8.57% (3)

20%

Epicor 11.43% (4)

Sage (50, 100, 300, 500, Intacct, Other) 5.71% (2)

10%

None 2.86% (1)

Acumatica 0.00% (0)

0%

Syspro 0.00% (0)

SAP (Business One, S/4Hana) 0.00% (0)

ERP ERP Keeps Evolving

OPERATIONS MANAGEMENT INITIATIVES Staying Lean Remains Important

Most manufacturers use some kind of ERP system to track and measure critical business activities, but many could be missing out on the latest offerings for manufacturers in this quickly evolving segment. Only 43% of respondents had completed an ERP update within the last year, and many respondents are using large-scale ERP systems that may not be tailored to the needs of small and mid-sized manufacturers. The latest ERP systems offer flexible solutions designed for manufacturers of all stripes. They are typically cloud-based, modular platforms that can be highly specialized to customers’ needs. A good technology advisor can help navigate the options and possibilities offered by these newer systems, which are variably priced and much easier to implement than legacy systems.

Most survey respondents apply at least one formal operations management approach to keep production processes lean and optimized. Using Lean Six Sigma elements was the most common, followed by others like kaizen. Formal systems for getting and staying lean help improve quality, productivity, and financial results. DATA ANALYTICS Data Analytics Is an Opportunity for Most Manufacturers can access more data than ever before. They can even track how individual machines perform a given task under an array of circumstances. But that data is only useful if it’s properly gathered and analyzed. Just 14% of respondents said they have both a robust data warehouse and real-time dashboard systems, meaning almost everyone has room to make huge improvements here. Using data to drive your decisions and, in many cases, to ensure compliance is critical. And it doesn’t have to be difficult. Data analytics services can be tailored to your specific goals and needs.