How Modern ERP Solutions Can Support Greater Customer Experience

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A new IDC Manufacturing Insights report has uncovered the importance of a customer-oriented strategy for successful manufacturers.

Transcript of How Modern ERP Solutions Can Support Greater Customer Experience

Page 1: How Modern ERP Solutions Can Support Greater Customer Experience

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How modern ERP solutions can support greater customer experience

Become Customer Inspired

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Global manufacturing is going through a significant change period at the moment.

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Tough economic conditions have seen profits challenged by a number of factors.

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Organic growth and expansion has proven difficult over the last few years and will no doubt continue to be so.

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As a result, the need to retain and grow customers has become of paramount importance.

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In more mature markets, such as the UK, customer retention is a real concern and a critical business challenge

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Everyone is looking to cut costs and the pricing pressure on manufacturers has become intense.

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There is always a new cheaper alternative from an emerging economy.

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However, a business model based solely on cost cutting is not sustainable in the long term.

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Traditionally manufacturers have been more concerned with the efficiency of their own processes rather than customer satisfaction.

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Many manufacturers still view price as more important than reliability, quality, and service.

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Having this mindset is very short-termist, it can negatively affect profits and can also undermine differentiation.

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Quality and price are now commoditized features,competitive advantage needs to come from somewhere else.

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To survive, top manufacturers need to focus on differentiation through improved customer experience.

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Enhanced customer experience and added value services paves the way for customer loyalty and greater profitability.

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But what is customer experience, and how can it be improved?

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In modern business customer experience is much more than just meeting expectations in terms of features, quality and price.

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Service levels, after sale care, delivery, returns, reliability, and the speed of interaction, can all impact the perceived customer experience.

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By excelling in these areas, an organization can enjoy business benefits such as differentiation from competitors, business growth and profit increase.

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This is where technology can help.

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Adaptable, easy-to-use and flexible technology is the top enabler to be able to serve customers better.

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Although to get the best use out of the technology, a customer centric culture needs to run throughout the organization.

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For most manufacturers, an enterprise resource planning (ERP) system is essential for the smooth running of their business.

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In a recent survey by IDC Manufacturing Insights, only 35% of manufactures thought their ERP could help them deliver a better customer experience.

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Larger manufacturers seem to have much higher opinion of their ERP system with regards to customer experience.

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In contrast, smaller manufactures, perhaps using home grown software, are unaware how ERP technology can help them improve customer experience.

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At Epicor, we believe greater customer experience shouldn’t be the exclusive right of larger organisations.

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We believe, with the correct ERP system in place, thousands of SME manufacturers can also deliver inspiring customer experience and achieve business growth.

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We know this because we have helped many up their game already.

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Why not download the IDC Manufacturing Insights report on how the correct ERP system can improve customer experience?

Download your copy of the report now

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Or get in contact with us direct to see how our experts can help you take your business to the next level.

Visit us: www.epicor.com/uk

Email: [email protected]

Twitter: @EpicorUK

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