In the world of continuous improvement, having data is a cornerstone to understanding where to improve and measuring your efforts in doing so. So it’s natural to want to build technology systems to capture data across your business. A popular choice of technology solutions is the integrated Enterprise Resource Planning (ERP) system. This blog is focused on when is the right time to implement an ERP system relative to the Continuous Improvement process.
ERPs come in many shapes and sizes, from behemoth, multi-million-dollar solutions that require an army of analysts to maintain to small, cloud-based subscription models. There are even free open source versions out there as well. But regardless of the solution you choose – a detailed topic in and of itself – implementing an ERP system is a daunting task. Generally, the implementation costs far outweigh the cost of the software and the risk to your business of a poorly-implemented ERP can be catastrophic.