Business Automation and Software Blog

The manufacturing industry has changed and is relying on data and analytics from a manufacturing ERP system more than ever to support its business endeavors. Data is required to provide visibility over the company’s operations. Managers use these data and analytics to make better decisions for the company. The delivery system that collects the data and stores it must be reliable; the data must be timely and accurate. The manager must be able to access it in a format that is understandable.

There are many reasons a manufacturer will implement an ERP, all leading to that much-coveted return on investment—or, saving more than you spent. According to one study, the average ROI of an ERP implementation is $7+ for every dollar spent. ROI plays a critical role in ERP selection and implementation, but what exactly does that mean? What is the real ROI of a manufacturing ERP?