Maintaining a competitive status requires bold actions Manufacturers face many difficult strategic decisions, but one of the most far reaching is deciding whether to keep or replace an aging ERP system. In Parts 1-3 of this Competitive ERP series, we discussed the urgency of responding to current market pressures and harnessing the power of new technologies. We also discussed the Manufacturing Performance Institute (MPI) paper, which explains the three options a manufacturer has when a system has become outdated: modify, expand, or replace. Replacing a legacy ERP system is a serious step, of course. Not only must the capital investment…
