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Why Vertical Industry Expertise Is So Important?

Posted by Harriet Schneider on Jul 28, 2020 8:00:00 AM

If you follow industry news, attend prospect events, or read our partner Infor's website, you know that vertical industry expertise is a favorite topic for Infor executives, leaders, and strategists. Industry-specific functionality is part of our critical foundation and a strong differentiating feature for our software solutions, we say frequently. But, have you thought about why? Do you know where our industry expertise comes from and how we leverage it into valuable selling points? Let’s look closer at what “industry expertise” means, why we are highly focused on it as a strategy, and how it will propel Infor forward.

The backstory

To understand where we are going, it helps to know how we got here. History provides context. In the evolution of ERP solutions, there’s a long and winding road that providers and users travelled before today’s Software as a Service (SAAS) model became the accepted best practice. In early days of ERP solutions, massive monolithic solutions with complex architecture and rigid code structure were the norm. Large enterprises invested heavily and hired consultants to customize the operational features. The heavily modified systems were costly to update.

Then came cloud computing. But, for companies to take advantage of the benefits of multi-tenant cloud deployment, they needed to have their industry-specific functionality already built into the solution—so modifications wouldn’t be needed. Modifications slow down deployment and can get in the way of upgrades.

Infor had been heavily investing into industry-specific features of the core ERP solutions. The solutions contain the functionality needed for industry specific applications—making it easier to migrate to the cloud.

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Topics: ERP, Fashion & Retail, Food & Beverage, Infor M3, Fashion & Apparel, Enterprise Resource Planning, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor M3 ERP

Infor President & CTO Compliments ICCG For Delivering Last Mile Functionality For RSWM, Ltd.

Posted by Harriet Schneider on Apr 7, 2020 8:00:00 AM
40,000 person hours of implementation efforts capitalized on vertical and micro-vertical expertise for textile & fashion manufacturers.
 
With micro-vertical expertise in textile & fashion business, ICCG announced completion of a full-scale implementation of Infor M3 ERP. This implementation is one of the largest ERP projects for Infor and very strategic for RSWM Ltd. as well.
 

“RSWM implemented Infor Fashion Suite in their textile business and as an Industry specific software provider, we are proud to state that with the implementation led by our partner ICCG, RSWM has successfully rolled out the solution to their businesses and are able to realize the benefits as envisioned at the beginning of their technology modernization journey. ICCG helped with micro-vertical fit by delivering the last mile functionality needed for a textile business,” said Soma Somasundaram, President & CTO of Infor.

ICCG was requested by RSWM Management to first help them implement Infor M3 in the Yarn Manufacturing business of RSWM to onboard users on Infor’s leading ERP solution for Yarn and Textile Manufacturing division. On successful completion of that implementation, RSWM embarked on the project of modernizing its enterprise systems for the Denim fabric manufacturing division and that has been successfully completed by ICCG team.

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Topics: Infor M3, Infor M3 ERP

ICCG Completes Major Infor M3 ERP Implementation For RSWM Ltd.

Posted by Harriet Schneider on Feb 13, 2020 8:00:00 AM

Project scope included 40,000 person hours of implementation efforts.

ICCG has completed a full-scale implementation of Infor M3 ERP. This significant digital transformation implementation is one of the largest ERP projects for Infor and very strategic for RSWM Ltd. as well.

RSWM Management requested ICCG to first help them implement Infor M3 in their Yarn Manufacturing business by onboarding users on Infor’s leading ERP solution for Yarn and Textile Manufacturing division. On successful completion of that implementation, RSWM embarked on the project of modernizing its enterprise systems for the Denim fabric manufacturing division and that has been successfully completed by ICCG team.

"We are pleased to have delivered this project on schedule, demonstrating our expertise in executing large-scale, complex projects," said Shiv Kaushik, CEO of ICCG. "The completion of this 40,000 person hour project achieves another milestone in ICCG’s 32 year history of successful implementations for Infor M3 ERP.”

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Topics: Infor M3, Infor M3 ERP

5 Reasons Infor CloudSuite PLM For Process Completes Your ERP Solution

Posted by Harriet Schneider on Jan 23, 2020 8:00:00 AM

As robust and far-reaching as ERP solutions can be, it's simply not feasible to think that they can be all-encompassing, providing complete business functionality for every aspect of an organization. The simple truth is that all ERP solutions have gaps in specialized areas such as product lifecycle management (PLM). Successful companies know that it's best to close these gaps with focused, industry-specific solutions that address the unique aspects of their business.

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Topics: Food & Beverage, Infor M3, PLM, Infor Optiva, CloudSuite Food & Beverage

O Canada: Why McDonald’s, Tim Hortons And Starbucks Are Testing New Food Items Up North

Posted by Michael Lea on Oct 22, 2019 8:00:00 AM

Of course, the renewed and now emphatically changing world of Farm-to-Table is upon us and growing in popularity at rapid speed. I do find it all so very interesting because many years ago I did work with Gardenburger (in Portland, OR) prior to Kellogg’s purchasing them. 

Morningstar Farms were popular items (and still are today) but also were products that were sold primarily to vegans or vegetarians and often sold at local organic food co-ops or whole food markets (or similar). Might be a stretch analogy but let’s recall that decades ago major automobile companies were making electric cars but in similar terms the renewed and recent popularity can be directed at Tesla. Beyond meat and Impossible foods (and many others to come) will also need to be certain they can support the new demand so that they are not like Popeye’s chicken franchises that gained major popularity with their chicken sandwiches but had a complete failure with keeping up with the demand (failed supply chain).

As to the article, I think that the following words really show how McDonald's and others are afraid of falling behind, but also somewhat skeptical about whether this growth vertical will continue. Let alone, let’s be frank, McDonald's has never been the first to initiate or ingratiate itself to healthy menu items (and lifestyle-consumer) choices.

The experiment shows that the company has paid attention to consumers’ growing interest in plant-based burgers.

However, the P.L.T. is not vegan.

The stakes are smaller. If McDonald’s P.L.T. is a flop, it can quickly pull it from the market and go back to the drawing board.

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Topics: Food & Beverage, Infor M3, PLM, Infor Optiva, CloudSuite Food & Beverage

Inforum 2019 Focuses On Ease Of Deployment And Intelligent ERP

Posted by Harriet Schneider on Oct 2, 2019 8:00:00 AM

Infor is focused on productivity improvements and outcomes-based delivery of projects as the keys to ERP technology success.

To enhance productivity, Infor wants to make it easier for customers to move to its CloudSuite systems, a cloud-based ERP, and wants those systems to be embedded with intelligent ERP technologies such as business analytics, as well as AI, machine learning and robotic process automation (RPA).

"We're constantly looking at ways for our software to bring value to your organization," Infor CEO Kevin Samuelson said during Inforum 2019's opening keynote.

There is interest in intelligent ERP, but some customers and analysts believe it's too early to tell if it will be widely adopted in applications.

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Topics: ERP, Infor M3, Enterprise Resource Planning, AI, Machine Learning

A Fresh Look At Bringing Product Innovation To Market.

Posted by Harriet Schneider on Sep 26, 2019 8:00:00 AM

At a recent Infor webinar they discussed the importance of new and revised products to a food company’s revenue and bottom-line growth. Successful product innovation, though, has never been more complex as consumers’, customers’ and regulators’ expectations continue to evolve and expand. And this is not just a challenge for your R&D department. It expands across all disciplines from procurement to production to marketing.

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Topics: Food & Beverage, Infor M3, Infor Optiva, CloudSuite Food & Beverage

Is There An Unrelenting Collapse Of The Middle In Retail?

Posted by Harriet Schneider on Sep 24, 2019 10:00:00 AM

We thought this was an interesting article. Published by Forbes this month it talks about how it’s a virtual certainty that this year will end with physical stores sales not only being up year over year (again) but also, according to eMarketer, contributing more incremental sales growth than e-commerce.

Great news but for all retailers? Here's what Mitchell Chi, ICCG's General Manager - Americas, Enterprise Software has to say...

My thoughts about the collapse of the middle…

Did you know that 83% of retail shoppers enjoy socializing with friends centered on physical stores? Some retailers, when pressured to increase margins, focused on cutting wages, training and staff. They shifted spending to store displays, traditional advertising, and  a poor product assortment. These retailers deserved to die. Good riddance. 

But all of this makes the mid-market ripe for a low cost, “social retailer.” One like Primark. Great selection, well trained staff and FUN. My go to store for weekend, lay around the house clothing. 

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Topics: Retail, Infor M3, Retail Trends, Online Retail, CloudSuite Retail, Cloudsuite Fashion & Apparel, CloudSuite PLM

Infor CloudSuite Food & Beverage

Posted by Harriet Schneider on Sep 17, 2019 8:00:00 AM

M3 Food & Beverage is a comprehensive ERP solution designed to help food and beverage companies respond to changes in customer demands, manage their global supply chains, plan for seasonality, and reduce waste. 

Infor M3 Food & Beverage is the industry's most complete solution dedicated to solving the unique challenges of the food industry, including shelf-life, yield; reverse bill of materials, attribute management, grower accounting, and comprehensive asset management.

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Topics: Food & Beverage, Infor M3, PLM, Infor Optiva, CloudSuite Food & Beverage

Infor M3 Cloud

Posted by Harriet Schneider on Sep 12, 2019 8:00:00 AM

Establish a foundation for digital transformation:

With the world changing faster than ever before, companies need to keep up by becoming more agile and adopting new technology to stay competitive and stand out from the competition. Moving to the cloud is one way that can help you stay ahead.

Infor M3 Cloud delivers software as a service, offering complete flexibility in operations, technology, and scale. As a multi-site, multi-country, and multi-company ERP solution, M3 Cloud empowers your organization to easily adapt to changing business needs.

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Topics: Manufacturing, Fashion & Retail, Food & Beverage, Infor M3

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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