High-growth Medical Device companies are always looking for ways to accelerate innovation across the product lifecycle to support patient needs. They are also seeking to improve product quality and manage costs to support financial growth.

Until recently, companies have gad to implementing multiple on-premise point solutions, such as ERP, PLM, MES, and QMS to achieve these goals. Today, these Medical Device organizations are looking for enterprise-wise, cloud-native platforms that support improved outcomes across the entries product lifecycle.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


ERP Vendor Update: Industrial Equipment Manufacturing is compiled by Ultra Consultants from interviews with software company product experts, product documentation and product briefings, independent research, and Ultra internal documents.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Industrial Equipment Manufacturers face complex business challenges. Especially Now.

It’s always been difficult to effectively manage parts, production, people, and products. And today, in the wake of the COVID-19 pandemic, it’s even harder. Supply chains continue to be unsettled. Distribution channels are disrupted. Costs are rising.

The solution – in good times and bad – is to become more efficient: Fix broken business processes. Eliminate workarounds and manual make-dos. Integrate core systems. Control inventory spend. Streamline the supply chain. Reduce overall costs and improve cash flow. Achieve transparency and visibility into every aspect of operations.

To do these things, you need the right ERP solution. But what is the best solution for your organization?

That’s the challenge. Because answers can turn into more questions. Because every organization is different. And because no company handles any phase of operations – estimating, configuration, orders, changes, planning, manufacturing, quality, purchasing, inventory, distribution, shipping, sales, and field service – the same way.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


The fourth annual Epicor Global Growth Index looks at the constantly changing state of growth in the manufacturing, distribution, and retail industries along with what trends impact the bottom line. We asked more than 2,000 businesses about key strategies, growth initiatives, and how they define success. Overall, findings suggest that enterprises are embracing better technology to offset the effects of Covid-19, supply chain disruptions, and global competitors.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


The confluence of an improved market outlook, the shift to the cloud, the pressure of digital transformation, and replacement cycle dynamics have created one of the biggest growth opportunities for enterprise resource planning (ERP) refreshes. New cloud deployments provide a catalyst for improving and automating back-office processes like never before.

This Market Overview examines the wide range of cloud ERP solutions based on product- versus services-centric offerings and unregulated versus regulated solutions. While the number of vendors in the market has diminished due to mergers and acquisitions, the consolidation has led to concentrated platform investments in the cloud and exponential technologies such as artificial intelligence (AI), big data, augmented reality, the Internet of Things, 5G, and blockchain.

Successful deployments will achieve the elusive goal of improving efficiencies and preparing for exponential growth. The use of AI in the back office will power the next wave of post-digital ERP advancements.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Key themes woven into our worldwide manufacturing top 10 predictions for 2021 include the focus on the ecosystems, supply chain management, product and service innovation, quality, technology consolidation, and AI. These predictions span the manufacturing value chain, as DX continues to be embraced by all parts of the business. This IDC study provides manufacturers with the top 10 predictions and underlying drivers that we expect to impact manufacturers’ IT investments in 2021 and beyond. Technology leaders and their counterparts in the line-of-business (LOB) operations can use this document to guide their IT strategic planning efforts.

IDC provides its top 10 predictions for the manufacturing industry with an analysis that covers five years. The predictions are designed to provide organizational decision makers with a call-to-action investment plan concerning these technologies

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, or renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Manufacturers face several challenges. Whether it’s market volatility, supply chain risk, finding value in your data, rising customer expectations, or serious skill shortages, the entire industry is feeling the crunch.

You’ve probably heard that Industry 4.0, cloud, and Internet of Things (IoT) can help with these challenges, but to what extent? How can modernizing your operation with a connected manufacturing strategy help you grow?

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm specializing in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Defining Industrial Transformation (IX), measuring companies’ progress along the journey, and identifying the best practices of leaders ― that’s been the focus of LNS Research for several years. A wide range of emerging technologies power industrial companies’ transformation efforts, and they’re changing the way organizations run operations. Chief
among them are:

  • Industrial Internet of Things (IIoT) technologies are designed to make sense of the incredible stream of data generated in plants and factories; and
  • Artificial intelligence (AI), monitors and analyzes that data and seeks ways to improve operations through digital insights.

After an extensive period of testing and pilot projects, these rapidly evolving technologies and use cases are having a real-world impact on industrial operations and production today ― in some surprising ways.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Artificial Intelligence/Machine Learning and Big Data are recognized as the #1 and #2 most hyped technologies in the industrial technology landscape today. At the same time, the hype is not void of momentum, compared to the 2018 Analytics That Matter (ATM) study; there has been a dramatic increase in analytics capabilities over the past two years. LNS survey data shows that there has been a 52% increase in the share of industrial companies with a formal analytics program. There also has been a 102% increase in diagnostic capabilities and a 66% increase in predictive capabilities. That is the good news.

Unfortunately, the industry also still has significant challenges. We have only seen a 39% increase in prescriptive capabilities – well behind the increases in diagnostic and predictive. Furthermore, all of these increases in analytics capabilities have had a limited impact on ultimate operational and business performance. Average Overall Equipment Effectiveness (OEE) and average On-Time Delivery show no appreciable improvement over this same two-year time period.

In this new study, LNS Research will show how analytics is a critical component of Industrial Transformation (IX) and how the enhanced decision-making capabilities provided by analytics can help drive success in transformation and improve business results.

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.


Technology Evaluation Centers (TEC) is pleased to announce that Epicor ERP by Epicor is now TEC Certified for online evaluation of ERP solutions for discrete manufacturing in the ERP Evaluation Center. The TEC Evaluation Centers enable you to compare and evaluate functionality based on TEC’s comprehensive models of business software.

Data used in the Evaluation Centers are obtained from the vendors’ responses to TEC’s research questionnaire.

Certification ensures that Epicor has demonstrated Epicor ERP’s support for specific real-world business processes chosen by TEC analysts and that TEC analysts have analytically and comparatively reviewed research questionnaire data about Epicor ERP against known benchmarks

 

About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of the Industry.