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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.


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

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?

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

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...

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

10 Things Food Ingredient Manufacturers Can Do To Increase Market Share.

Posted by Harriet Schneider on Apr 5, 2018 5:51:44 PM

Your customers rely on you for the ingredients they need to produce some of the world's best-known food and beverage brands. Because the success of your customers depends on innovation and your ability to deliver the exact product they ordered, your business needs to be a leader in agility and continuous improvement.

Want to learn more about what drives formula agility for food ingredients and how you can maintain operational efficiency while optimizing your formulas?

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Topics: Food & Beverage, Infor M3

How To Navigate Volatile Ingredient Prices With Least Cost Formulation

Posted by Harriet Schneider on Feb 22, 2018 8:00:00 AM

Commodity prices have been driven down by a number of factors in recent years, including currency fluctuations, lower oil prices, and the traditional forces of supply and demand. In an unpredictable environment like this, least cost formulation becomes an essential, ongoing process, not a one-time calculation.

Read these four ways to use least cost formulation.

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Topics: Food & Beverage, Infor M3

Take Your Place On The Grocer’s Shelves

Posted by Harriet Schneider on Feb 8, 2018 8:00:00 AM

The beverage industry is under constant pressure to change. Sugary drinks, like sodas, have come under increasing consumer scrutiny. Meanwhile, from beer to juices to energy drinks to carbonated beverages, you’re fighting for the consumers’ fleeting attention, which affects how you provide a more diversified product range.

With Infor® Food & Beverage for the beverage industry you get a foundation for greater agility in dealing with fluctuations in ingredients, production capacity, and shipping. Whether you chose to deploy in the cloud, on premise, or as a hybrid of both, Infor Food & Beverage for the beverage manufacturing industry gives you the tools you need to manage all of the challenges your beverage business faces.

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Topics: Food & Beverage, Infor M3

Global Outlook For Manufacturing Is Optimistic

Posted by Harriet Schneider on Feb 1, 2018 8:00:00 AM

According to a recent blog post by our partner, Infor, manufacturers are expressing optimism for growth in 2018.

A report published by the Leading Edge Alliance paints a rosy picture of the global outlook for manufacturing. Manufacturers’ optimism for the world economy in 2018 is now 59.4%  — almost a 15-point increase over the 2017 outlook. Manufacturers are also optimistic about their national economies (69.3%) and their regional economies (69.3%)

 

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Topics: Manufacturing, Fashion & Retail, Food & Beverage, Distribution, Infor M3, Chemical, Equipment

Top 5 Reasons To Upgrade Infor M3 Food & Beverage.

Posted by Harriet Schneider on Jan 11, 2018 8:00:00 AM

Infor M3 Food & Beverage is a comprehensive ERP solution designed to help food and beverage companies respond to changes in customer demands, manage and speed up a global supply chain, minimize shelf-life issues, and reduce waste. Whether deployed as part of Infor CloudSuite Food & Beverage or on-premise, the latest version of Infor M3 Food & Beverage provides food, beverage, and other consumer packaged goods (CPG) companies a number of new and expanded capabilities.

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Topics: Food & Beverage, Infor M3

Achieving Superior Product Development In Process Manufacturing

Posted by Harriet Schneider on Dec 21, 2017 1:50:31 PM

 

Even the best innovators have notorious flops: New Coke®, Apple® Newton, Microsoft® Zune, LifeSavers® Soda, and Harley-Davidson® Perfume are a few notable examples. Some companies can overcome blunders because their sheer size makes them unstoppable market forces. But for others, even a single mishandled launch can threaten company-wide failure.

The risks are even greater for process manufacturers who must continually innovate with new and iterative products to excite customers and generate new revenue. But the path to profitable innovation is paved with challenges: tighter launch windows, fickle B2C and B2B customers, volatile market swings, and increasing demand for unique, customized products.

An uphill battle

Product development is fundamentally more difficult in process industries. For too many companies, years of internal research and testing lead to product launches that meet with lukewarm success-and negligible profits.

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Topics: Food & Beverage, Chemical, Process Manufacturing, Agricultural

Defining Networks In F&B And Why They Matter

Posted by Harriet Schneider on Dec 12, 2017 8:00:00 AM

The Food and Beverage industry has had its ups and downs, hits and misses, close calls and grand slam hits out of the ball park. Erratic seems to be an appropriate qualifier, on good days. On the other days, chaotic and confusing may come to mind. How is a food processor able to cope with never-ending waves of change, evolving  restrictions, fluctuating market demands, and consumer fickleness?

 

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Topics: Food & Beverage

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.

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