Top 5 Inventory Mistakes and How to Avoid Them

Top 5 Inventory Mistakes and How to Avoid Them

Days before the solar eclipse of 2017 it became nearly impossible to purchase the special glasses needed to safely observe the event. People rushing from store to store in a frenzy trying to locate the last available pair of glasses, found the stores had just not planned well… they had nothing left. It got so bad that some stores reported customers coming to blows as they fought over the remaining items. To make matters worse, Amazon and Walmart had to let customers know that the glasses they purchased might not be safe. Some brands were not made to the proper specifications and could not be trusted. Walmart reported another problem… the stock they had ordered never arrived. That should not have happened at Walmart, a store known for its amazing supply chain. They manage over 11,000 stores in 27 countries, requiring a technological tour de force that rarely lets them down. Balancing supply and demand completely overwhelmed most retail and manufacturing entities. Somehow, their systems failed them. Inventory planning and management are among the most important tasks, as this event clearly demonstrated. When not managed well, the failure can be catastrophic. Rootstock recently conducted a webinar designed to identify 5 […]

The Impact of the Cloud on Manufacturing

Today’s manufacturers need to be agile in order to respond quickly to dynamic markets and changing customer demands. They must implement streamlined and efficient workflows that increase the speed of deployment and provide scalability. Manufacturers know that when they become more agile, they become more competitive and successful. That’s why they have turned to the cloud. The cloud enables automation, and more automation not only makes a firm more nimble, it also leads to increased revenues through cost efficiency and new revenue streams. The cloud gives firms the ability to store large amounts of data and then access that data in real-time from anywhere, and this allows just-in-time business decisions and increased collaboration across the entire supply chain. Cloud-based ERP solutions give companies end-to-end visibility into their entire operations, resulting in greater flexibility and adaptability and ultimately, greater profits. In a 2016 survey by Inspirage, 73% of manufacturing companies responding considered it important or very important that cloud ERP software establish and scale collaboration to reduce risk and increase agility. By now, the benefits of the cloud should be old news: on-demand real-time access to data and resources, scalability, data storage, reduced costs and the ability to connect core manufacturing […]

Rootstock’s Growing Partner Network

At Rootstock, we’re serious about supporting manufacturers who compete on a global scale. Not only does our Cloud ERP provide an ideal manufacturing ERP solution for international firms with global supply chains, but also our partner network continues to expand around the world as well, adding even more technology, sales and service for our customers. Rootstock partners only with best-of-breed companies around the world that add real value to our Cloud ERP solutions. Our partners in North America, Europe and Australia build apps to extend our Cloud ERP solutions, provide support and implementation services, and sells our solutions in regions all around the world. As more firms see the value of our Cloud ERP solution, our partner network has also grown, especially in Europe. Partners in Europe Our most important partner is Vanenburg Software in the Netherlands. Vanenburg was founded by Jan Baan, an internationally recognized leader who played a key role in creating the worldwide market for ERP software. Vanenburg is an independent software and services organization that delivers process-centric solutions and apps developed on Open techniques that allow organizations to continuously improve their business operations. As a premier Channel Partner of Rootstock Software, Vanenburg represents Rootstock’s cloud-based ERP […]

Why Choose a New Cloud ERP Solution?

Everybody’s getting lean. Manufacturers have known for some time that in order to compete locally or globally, be profitable and grown their companies, they need to adapt lean manufacturing techniques to reduce waste, increase efficiency, sustain continuous process improvement, ensure product quality and support just-in-time manufacturing. Lately these firms have been embracing cloud ERP in their efforts to get lean. Why are manufacturers choosing cloud-based ERP solutions? First, many of these firms have discovered that legacy ERP systems are simply too expensive, difficult to use and don’t grow with their company. Sure, some legacy, on-premise ERP vendors are promising some cloud-based functionality, but often these are bolted-on afterthoughts in an effort to get some of the cloud ERP market share. A true cloud-based ERP solution is one that is designed and implemented in the cloud and takes advantage of storage, real-time access and mobility benefits that the cloud provides. Cloud ERP’s ability to provide real-time access to critical data allows firms to track every step and component in their supply chain. For example, firms can use cloud ERP to track production, receiving, yields and efficiency, and their production workers can then access this data in real time on their smartphones. […]

Check Vendor’s Manufacturing Expertise Before Selecting Your New Cloud ERP

As you begin your quest to find the cloud manufacturing ERP you need to help run your company, you are going to note a similarity among a great number of them. Many Cloud ERP packages have fallen short, because in the rush to get to the Cloud, they are either severely limited in functionality or they are only replications of a predecessor legacy ERP package supporting one business type. They do not acknowledge that manufacturers of today require a greater variety of manufacturing methods and services to be supported. You don’t need to be a software Sherlock Holmes to conclude that many of these apps were not created by people that understand manufacturing, especially in today’s world. Of course, that is not true in all cases. Consider the following quote from the noted research firm, Frost and Sullivan. “Rootstock has secured an edge for itself over its competitors by leveraging its strong technical expertise and years of manufacturing experience to build a broad and deep end-to-end functional cloud ERP solution in a short time frame,” reported Sankara Narayanan, Frost & Sullivan Senior Analyst. “This solution supports requirements for multiple modes of manufacturing and enables real-time management of manufacturing for customers […]

What Companies Say About Building a Salesforce-Based Best-of-Breed System

As many companies are looking to move their systems to the cloud, they also want cloud-based software that can be easily integrated with other apps. Third-party applications that share the same platform are easier to manage and integrate. They provide users with a consistent interface and experience. Salesforce has a huge lead over its competitors when it comes to ecosystem and platform maturity, as it clearly has the most applications, customers, revenue and advanced features, making it the clear market leader, says Gartner, the large research firm. The Salesforce Platform is the world’s most trusted and comprehensive cloud platform for building social and mobile cloud apps. It powers Salesforce CRM, more than 3 million custom apps built by customers and more than 2,000 apps developed by partners in its ecosystem. Because it is a 100 percent native Salesforce solution, Rootstock cloud ERP easily integrates with other, wholly separate apps built on the Salesforce platform, helping customers build a best of breed enterprise solution. Built entirely on the Salesforce Platform, Rootstock’s solution includes “out of the box” integration with the Salesforce Sales Cloud and Service Cloud; mobile accessibility and finance and accounting apps; plus Salesforce Communities, Salesforce Chatter and the Salesforce […]

4 Myths About Cloud ERP Software

Manufacturing firms have been moving to the cloud for their ERP software. Yet some myths about cloud ERP persist. Myth 1 – Cloud ERP is Too Costly We’ve heard this one many times before. But industry analysts disagree. Their studies conclude that cloud-based ERP software reduces infrastructure, maintenance and lifecycle costs by as much 54%, and save money and time by increasing real-time collaboration and reducing time to market. Cloud ERP lets firms spend less on IT. Over a three- to five-year period, consider the hardware, software, implementation, customization, training, support and maintenance costs required for on-premise ERP. These items simply do not exist or are easier to implement with cloud ERP, which doesn’t need large computers or onsite staff to maintain them. Myth 2 – Cloud ERP is Not Secure Another persistent myth about cloud ERP is that it’s not secure. When cloud solutions first appeared, sure, security was a major concern. But this is no longer true with the best cloud-based ERP systems of today. Security for these systems includes firewalls, two-factor authentication, advanced encryption, frequent security updates, and detection. Compare the cloud ERP security to legacy ERP security. The Aberdeen Group recently wrote in the article “Web […]

Needed – A Close Relationship between Manufacturing and Distribution ERPs

If you’ve reviewed the September 9 (2016) feature of Manufacturing Business Technology, you probably saw the article with this heading by Rootstock CEO Pat Garrehy. More than once, an interviewer has asked Pat why Rootstock created both a manufacturing and a distribution version of their cloud ERP. Pat typically responds with a real world example. Consider a company that produces RFID readers. In its manufacturing process, it orders printed circuit boards from one vendor, LEDs from another vendor and plastic housing or steel housing from yet another vendor(s). The various RFID readers – some potted; some not, different colors, various read ranges – are then boxed, the boxes put into skids with shipping instructions applied and sent to the customer. This process is classic discrete manufacturing. For this function, the organization would select a manufacturing ERP. However, this company doesn’t make long range read solutions because that’s an entirely different technology and the numbers don’t result in a profit by setting up manufacturing for these units. Yet, the company needs such units to fill out its line so prospects can buy all ID readers from one manufacturer, no matter the read range. So, the company buys long range readers from […]

The Oracle-NetSuite Acquisition – Good for Cloud ERP, Not So Good for Manufacturers

And why Salesforce-Rootstock – Salesforce’s ecosystem is a better combination than Oracle-Netsuite! Oracle’s recent acquisition of NetSuite is great news for cloud ERP, but may not be such great news for manufacturers. The NetSuite acquisition validates cloud ERP and helps to cement the technology as business critical, but both NetSuite and Oracle have platforms that have never been integrated, and NetSuite’s ecosystem is small and offers a limited number of solutions. Even if they can be integrated, the two systems cannot come close to the large number of products that are natively integrated on the Salesforce ecosystem and can provide a true, end-to-end cloud solution. Oracle and NetSuite After years of ignoring the cloud, Oracle is finally trying to expand into cloud services with the expectation that the extra sales will cover lost sales in its core software business. With the acquisition of NetSuite, Oracle hopes to set up a new retail cloud-computing division to compete with other retail cloud platforms from Amazon, Google and Microsoft. NetSuite is a cloud ERP system for professional services, retailers, distribution and other industries. It boasts strong market leadership and aggressive marketing, spending almost $100 million in annual advertising, marketing and media. Combining NetSuite […]

Does Oracle Lead Salesforce in ERP?

by Pat Garrehy, CEO, Rootstock Software In Oracle’s June 16, 2016 earnings call1, Larry Ellison, Oracle Chairman and CEO states, “[Salesforce] don’t compete in the largest category, which is ERP, also not HCM, again supply chain and manufacturing again and we think that gives us a huge advantage that our footprint is wider.” In their 2016 Q1 earnings report, he states, “In some of our most important SaaS markets, such as ERP, HCM, Supply Chain and Manufacturing, Salesforce.com does not participate at all. By successfully competing in all of these markets, Oracle has the ability to sustain its high growth over a long period of time. That should make it easy for us to pass Salesforce.com and become the largest SaaS and PaaS cloud company in the world.” What Does Salesforce Provide For Manufacturers? It is common knowledge that Salesforce provides the world’s leading apps for Marketing, Sales and Support, all working seamlessly together on the same platform. What may not be as well known is that Salesforce has built an incredible platform that today features nearly 3,000 ISV applications. These products have been widely adopted, with over 3 million installs to date. The beauty of this platform is that […]