Introduction
We were pleased to write an article in the January 2020 edition of “Fashion Mannuscript New York*Los Angeles*Miami” Magazine’s “The Tech & Innovation Issue”. The article delves into the integration of Enterprise Resource Planning (ERP) systems in the fashion industry amid technological advancements. It highlights the potential benefits of ERP, emphasizing its role in streamlining operations and providing real-time data access, and provides awareness of ERP critical success factors. However, it cautions about the associated risks and challenges.
Value of ERP
The 1990s witnessed the evolution of ERP systems in response to customer service demands, global competition, and the need for enhanced supply chain visibility. Successful ERP implementation can offer a competitive advantage by improving manufacturing efficiency, business information management, cost reduction, and financial and inventory management.
ERP Implementation Risks and Challenges
Despite the advantages, the article underscores the high failure rates and challenges associated with ERP organizational change. Delays in realizing benefits, resource-intensive implementations, and potential negative impacts on production, product quality, and profits are highlighted as significant concerns.
Path to ERP Success
Many businesses still perceive successful ERP systems as valuable, even considering the inherent challenges. The article suggests that while challenges cannot be fully eliminated, they can be better managed through evaluative learning and awareness of ERP critical success factors. It stresses the importance of focusing on project management, vendor selection, executive team involvement, and transformational leadership.
ERP Critical Success Factors
To mitigate risks, the article advocates for a comprehensive approach, considering ERP critical success factors. These factors include proper project management, vendor selection, active executive team participation, and fostering transformational leadership. The need for strategy alignment and effective communication is emphasized for successful ERP assimilation.
Carefully Consider the Challenges
In conclusion, the article encourages businesses contemplating ERP implementation to carefully weigh the associated challenges and benefits. Success in ERP organizational change is contingent on meticulous project management, vendor selection, and active involvement of the executive team, while fostering a culture of acceptance and positive mindset among stakeholders.
Learn more about ERP implementation, ERP Organizational Change, and ERP critical success factors here, “What is ERP Organizational Change Research“.
“The ERP Organizational Change Journal” Podcast
Diving into the complexities of Enterprise Resource Planning, this ERP Podcast stands at the forefront of ERP change management discussions. It’s an essential hub for Private Equity Stakeholders, Practitioners, and Researchers seeking success in ERP organizational change. We focus on effective strategies and real-world experiences in ERP Change management, exploring the integral roles of people, processes, and technology in driving transformative ERP projects. “The ERP Organizational Change Journal“.
“Fashion Mannuscript”
“Fashion Mannuscript is a monthly business-to-business magazine that delivers extensive photo coverage of top fashion industry events, well-penned columns by experts in the community, and profiles of the people and companies behind some of the biggest deals in fashion. Stories feature news from across the country – from emerging designers showing at New York Fashion Week to companies showing off their latest technological innovations at ReMode in Los Angeles. With a keen focus on bustling cities from coast to coast, Fashion Mannuscript has gained access to some of the country’s biggest tradeshows, such as Dallas Market Center, AmericasMart Atlanta, CurvExpo, California Market Center, MAGIC, Liberty Fairs, WWIN, OFFPRICE, and many more.
Fashion Mannuscript’s style – utilizing the perspectives of attorneys, accountants, boutique owners, career advisors, and tech innovators – is what differentiates it from other trade publications and makes it a must-read for those who wish to be well-informed on all things fashion.”