ICCG BLOG -3.jpg

The 10 Coolest CEOs In Enterprise Resource Planning

Posted by Harriet Schneider on Aug 16, 2018 8:00:00 AM

 

The Chief Executive Officer (CEO) is the highest-ranked executive in a company. The CEO has many responsibilities, ranging from setting strategy and direction to configuring the company’s culture, values and behavior. The chief executive is also responsible for building an executive leadership team and allocating funds to match the company’s goals and priorities. Some CEOs have even more on their plate, especially those at the head of startups. Oftentimes they are responsible for more than just the traditional duties, and can include anything from brewing coffee to marketing their product. 

The list, compiled by ERP's Solution Review, includes Infor CEO, Charles Phillips.


Read More

Topics: ERP, Manufacturing, Fashion & Retail, Food & Beverage, Distribution, Rentals & Equipment, Enterprise Resource Planning, CEO

Are You Ready To Collaborate With Your Customers On Product Design?

Posted by Harriet Schneider on Aug 14, 2018 8:00:00 AM

 

In its 2018 predictions, analyst firm IDC prognosticated the following will happen by 2019:

50% of manufacturers will be collaborating directly with customers and consumers regarding new and improved product designs through cloud-based crowd-sourcing, virtual reality, and product virtualization, realizing up to 25% improvement in product success rates. (This is prediction #5 in the IndustryWeek article discussing IDC’s Top 10 predictions.)

Read More

Topics: Manufacturing, Industrial Manufacturing, Product Design & Development

What Does Agility Mean In The Era Of Digital Disruption?

Posted by Harriet Schneider on Aug 9, 2018 8:00:00 AM

 

Digital disruption is the new normal. And, as part of their digitalization journey, manufacturers now have a whole spectrum of modern tools to embrace. Greater agility is often touted as one of the important benefits of these digital tactics. Greater speed is a coveted prize, sought after by manufacturers since the era of Henry Ford’s assembly line.

Now, though, responding to change with lightning fast reflexes is not enough. Manufacturers must anticipate future trends and strive to predict customer demands before the customer even has acknowledged the need. Being the first in a market pace is often the key to owning it.

So, having a view of tomorrow is now more important than ever. Today we call it predictive algorithms and data science. We strive to speed product releases and adopt new features as quickly possible. Accelerating speed in one department drives the need for acceleration in other departments. The continuous rush of change, when not controlled, can start to resemble a hamster spinning in its wheel—but getting nowhere. Without meaningful objectives, speed for the sake of speed starts to become fruitless.

As manufacturers undertake digital initiatives, they should pause and consider the ongoing quest for speed and understand its true value. It’s important to be cautious about blind, over-emphasis. Speed has its risks, from higher levels of errors, quality issues, and a workforce that isn’t trained on new policies or processes. There is a fine line between efficient decision-making and rash, knee-jerk responses which can take a company down circuitous routes, far from the prime objectives. In fact, some would contend that reactionary measures lacking cost analysis and thorough financial impact study are simply reflexes, with a 50-50 chance of being right or wrong.

How did we get here?

Read More

Topics: Digital Transformation, Manufacturing, Food & Beverage, Rentals & Equipment, Fashion & Apparel, digital disruption

Podcast: Stranger Than Fiction

Posted by Harriet Schneider on Aug 7, 2018 12:12:36 PM

What deep learning means for Retail CX

Matt Gunn and Puneet Mehta of msg.ai, a Silicon Valley startup focused on conversational AI, discuss how deep learning will shape the future of retail as consumers engage with brands (and their AI) to achieve more personalized, intimate shopping experiences.

Read More

Topics: Fashion & Retail, Fashion & Apparel, retail software

Seven Steps For Building A Digital Strategy For Distribution

Posted by Harriet Schneider on Aug 2, 2018 8:00:00 AM

Every wholesale distributor faces increasing pressure to adopt a digital strategy for confronting massive disruption in the industry. Unfortunately, according to a recent survey by MDM, the approach most distributors take in developing an overall digital strategy is very reactive, with only 31% approaching their digital needs with a “comprehensive strategy that includes all types of software and solutions.” It’s time to think strategically about the technology that will determine the future of your enterprise.

Read these seven steps every distributor should take right now to develop a sharp, focused digital strategy:

Read More

Topics: Distribution, Digital Strategy

Warehouse Management System For Retailers

Posted by Harriet Schneider on Jul 31, 2018 12:42:28 PM

Engineered for speed, choice, and change.

As a retail company, intense competition is your business reality, each and every day. You need to enable the smooth, accurate, and timely flow of goods to your stores and customers. You need a holistic, scalable software solution that efficiently executes core distribution processes, while maintaining realtime inventory at the discrete location level, allowing you to quickly move the right product to the right location at the lowest cost. Infor® Supply Chain Execution is that solution.

Read More

Topics: Fashion & Retail, Retail, Retail Trends

Podcast: It Takes A Village

Posted by Harriet Schneider on Jul 26, 2018 8:00:00 AM

In this episode of Reinventing Retail, Matt Gunn and Jenny Reese Potter chat with Tomer Tagrin, CEO and founder of Yotpo: a company out of Tel Aviv that leverages user generated content throughout the buyer journey to increase trust, social proof, and sales.

Read More

Topics: Fashion & Retail, Fashion & Apparel, retail software

The Impact Of Communication – Telling The Digital Transformation Story

Posted by Harriet Schneider on Jul 24, 2018 8:00:00 AM

 

By Carol Fitzgerald Tyler
Global Senior Practice Director, Organization Change Management | Infor

Challenging though it may be to create a vision that will transform an organization, it is crucial to effectively spread the message of digital innovation. Communication is often cited as the number one challenge for business transformation and change management. A strong communications strategy can lead an organization to a successful transform.  Leaders can encourage teams to innovate by communicating both the organizational vision and the acceptance of occasional failure. Companies with a clear vision are on average more effective in their efforts, and as a result, more profitable.

A strong communications strategy can lead an organization to a successful transform...

Read More

Topics: Digital Transformation, Manufacturing, Food & Beverage, Rentals & Equipment, Fashion & Apparel, Change Management

Overcoming Digital Dread

Posted by Harriet Schneider on Jul 19, 2018 8:00:00 AM

 

Not sure where to start in upgrading your operation? Map out an incremental approach. This article from Industry Week can help you get started.

Smart factories, digitization, and the Internet of Things (IoT) are all hot topics in the manufacturing sector, generating considerable buzz—and some consternation. These disruptive technologies are exciting, yet the complexity can also be overwhelming.

But with a practical, incremental plan of action, including options with minimal disruption and low-risk, even those who have been reluctant to embrace next-generation technology can get started on the journey. 

Read More

Topics: Manufacturing

Creating A Competitive Edge Through Service

Posted by Harriet Schneider on Jul 17, 2018 8:00:00 AM

This is Part 3 in a 3-Part series on facing the competition.

Technology supports enhanced customer centricity.

Value-add programs are more important than ever as tools to overcome increased competition. Empowered by technology, new entrants into the market, as well as established veterans, are putting pressure on manufacturers to examine their mix of product offerings and services. Unless they want to risk commoditization of products or eroding market share, manufacturers must find ways to stand apart from their competitors. Enhancing the customer experience, from order entry to after-market service, is one of the most effective ways to build relationships that are resilient to aggressive competitors.

Read More

Topics: Manufacturing

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

Subscribe to Email Updates

Recent Posts