Can ERP system in electronic industry really help enterprises resist risks?

Under the impact of COVID-19: supply instability, demand fluctuations, personnel difficulties, even normal production and operation are difficult to guarantee, what is the development? In fact, what is even more fatal is that this is only a part of the risks. Fast technology iteration, how to reduce duplication of labor, ensure business compliance, and improve efficiency and core competitiveness are the new challenges that enterprises need to continue to face. Looking around, how to manage the supply chain, production, storage and sales, especially when the industry risk strikes All these have become the survival questions that electronic enterprises must face. How to resist risks, the outside world has a variety of voices, but I am afraid to hear the most digital, electronic industry ERP system. In this case, let’s take a look: can ERP system in electronic industry really help enterprises resist risks?

On ERP system in electronic industry

Experts and managers have different voices about whether ERP can really help enterprises resist risks. The managers who have seen that many enterprises still fail to achieve the ideal effect after ERP are full of doubts about ERP in electronic industry, but many experts are full of confidence and have their own path to successful transformation. For example, acloudear, an expert in digital transformation of high-tech electronics industry and a platinum partner of sap, mentioned in its white paper on digital transformation of acloudear’s high-tech enterprises that ERP used in the electronics industry can completely help electronic enterprises resist risks, and cited the successful cases of the world’s top 500 enterprises. Both sides hold different opinions. What should we think?

Let’s see first: what do the CEOs of the world’s top 500 think?

In 2017, IDC interviewed the CEOs of the world’s top 2000 enterprises, and two thirds of them said that at the end of the year, digital transformation was the core of their future development strategy. Three years later, Wang Ping, a global managing partner of McKinsey, also published that “the more successful an enterprise is in digital transformation, the stronger its ability to resist risks.” Such a clear-cut attitude. The situation is drifting towards the experts.

Then, how can ERP system help enterprises resist risks?

Since you say yes, no problem. OK, let’s take a look at how ERP system in electronic industry helps enterprises resist risks. Let’s take the SAP system that 97% of the enterprises in the global discrete manufacturing industry are using as an example. If you want to resist risks, you must first have a clear understanding of internal and external risks and the enterprise itself in order to seek solutions. Secondly, digital concept, advanced management experience and digital management tools (electronic industry ERP system) are used as intelligent support to resist risks. Take a look at the figure below to see how the ERP system of SAP electronics industry thinks.

In view of the electronic industry enterprises to resist risks, SAP electronic industry ERP system puts forward five strategic directions to resist risks, which must: strengthen the close relationship with customers, accelerate the plan and change response, expand the source seeking and procurement channels, multi-source labor allocation and training, and comprehensively analyze the decision-making ability, so as to help enterprises turn the crisis into opportunity. Similarly, for how to take the customer as the center, and further for the pain points, challenges put forward five solutions.

In fact, as a master of management behind the world’s top 500, digital brands with 48 years of advanced management experience usually start from business, build five priority strategies for enterprise transformation, use SAP electronic industry ERP system to sort out business processes one by one, optimize business structure, etc. to realize smart enterprises, and cope with the challenges from environment, trend and internal management more calmly and flexibly Risk. After a brief comparison between the traditional scenario and SAP scenario, we can see that:

Through the value driven, make the order more intelligent and automatic, so as to bring the performance income and customer satisfaction is also very considerable. Of course, this is only one aspect of the traditional order. The 33 end-to-end scenario management and control covered by the ERP system of SAP electronic industry help electronic enterprises easily realize efficient management. Flexible and easy enough to deal with risks.

However, if enterprise managers in the electronic industry need to fully understand the secrets of electronic enterprises to resist risks,

Search and download the white paper on digital transformation of acloudear high tech enterprises prepared by digital expert acloudear for you to fully understand the trend, current situation, pain points, transformation direction and solutions of the electronic industry.

Want to play the electronic industry ERP system, digital thinking, digital tools, how to skillfully use digital ability, one can not be less.

This article "Can ERP system in electronic industry really help enterprises resist risks?" by AcloudEAR. We focus on business applications such as cloud ERP.

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