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How ERP can revolutionise BI

Posted by Dawn Aldwinckle on November 2nd, 2015

 

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How do you harness your business data for effective business intelligence (BI)? You may be surprised to learn that ERP is the place to start.

ERP software and business intelligence (BI) can be a match made in heaven, especially if you have an ERP solution that is specially tailored to the needs and features of your business. Think about it: your ERP is a rich vein of data ready to mine, if only you had the right tools to collate and present it in a useful manner.

The value of BI…

BI tools can help bring your business to a higher operating plain by adding strategic value. With an increasing amount of data been created and stored by manufacturers, it is vital that the data is being harnessed to support critical business decisions. BI has the ability to provide better decision support with integrated enterprise data, an important factor in turning data into actionable intelligence.

…plus better ERP

In recent years, ERP software has developed to be more dynamic. With more automation, it allows staff to make better use of their time and focus on strategy and improving operations. With increased transparency in operations, it is easier to collect accurate information. With real time visibility into the business, you are able to drill down into the more granular ‘everyday’ activities and see where improvements can be made. And with mobile applications, staff and senior management have instant access to critical information wherever they are, enabling faster response and quicker decision making.

…evolutionises your business strategy

ERP system and BI therefore should no longer be seen as separate entities. When ERP is integrated with BI tools, it revolutionises the way you analyse your business operations. As older, standalone systems don’t provide enough visibility, you end up with confusing reports on multiple systems, which may not even be presenting the correct information, as the system is not communicating with other areas that may impact on the data.

However, with more intuitive, modern ERP systems, that are BI-focused and integrated with your entire manufacturing process, you can get customer reports related specifically to the needs and activity that is impacting your business. A sure fire way to make sure you are getting a BI-focused solution is to seek out ERP software that has specific BI modules as part of the package.

And as your ERP and BI system tools are integrated, so should your approach be. Don’t just leave it to IT to collect the data – your team needs to have an understanding of BI and the value of the information available. Create cross-functional teams that focus on both ERP and BI projects within your business, and not only will you have information that is more readily available and reliable, but the know-how to make better use of the insights it offers.

For more information on purchasing ERP software to help revolutionise your BI, download our free guide to selecting ERP for a competitive edge.

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The 10 best ERP resources from around the web

Posted by Dawn Aldwinckle on April 21st, 2015

ERP criteria

Looking for the best advice and information on all things ERP?

We’ve made the search easier and rounded up the 10 best ERP resources on the internet – not including our own, of course!

Here they are, in no particular order…

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Software Development – crack the code with Mat Noonan, our Head of Development

Posted by Dawn Aldwinckle on March 3rd, 2015

Mat NoonanAs part of our blog series getting to know the people behind the scenes at Lakeview, we sat down with Mat Noonan who has been part of our development team for 24 years. He tells us about his role, and some of his thoughts for the future of Lakeview Software… Read the rest of this entry »

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Nothing to hide: how the new food labelling regulations can help prevent another horsemeat scandal

Posted by Dawn Aldwinckle on February 23rd, 2015

Food labellingAs the December 2014 food labelling regulations came into force, much of the focus was on the major changes to food allergy information. Clearer, more consistent information on allergens would make for safer purchasing for allergy sufferers. Read the rest of this entry »

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The most terrifying result of getting food allergy labelling wrong

Posted by Michelle James on February 10th, 2015

Food allergy labellingUK hospital admissions for food allergies have increased by 500% since 1990. In response to the risk that an increasing number of consumers face, December 2014 saw a change in EU legislation to ensure that all allergen information is presented and is easily understood by consumers.

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Unveiling Lakeview’s hardware services: meet Dave Beattie, our Innovation & Product Development Manager

Posted by Dawn Aldwinckle on January 27th, 2015

Hardware_servicesAs part of our blog series getting to know the people behind the scenes at Lakeview, we sat down with Dave Beattie, who has been part of our engineering team for 16 years. He tells us about his role, and some of Lakeview’s lesser-known hardware services…

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Smooth sailing – avoid food allergy labelling errors that will make waves in your supply chain

Posted by Dawn Aldwinckle on January 19th, 2015

food labelling regulationsThe food allergy labelling regulations that came in at the end of 2014 marked a giant leap forward in transparency within the food and beverage manufacturing supply chain. Of course, depending on your outlook, it also means there is now more risk of error and non-compliancy as the industry gets to grips with more stringent labelling rules.

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Total recall: Don’t fall foul of the new food allergy labelling regulations

Posted by Dawn Aldwinckle on January 12th, 2015

food-allergy-labellingAs a food and drink manufacturer, you know that allergies are a serious concern for you and your business. It’s also an issue on the increase; it is estimated that the number of people diagnosed with a food allergy rises by 5% every year, and new food labelling regulations have been brought in to address the problem. Read the rest of this entry »

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ERP trends for 2015

Posted by Dawn Aldwinckle on January 5th, 2015

ERP trendsChristmas and the New Year are good times for reflection, and also for looking to the future. We’ve already reflected on the ERP trends seen in 2014, so now, let’s consider what is in store for 2015… 

What does the future hold for ERP systems in 2015? In short, we think there’s going to be more, more, more. More uptake, more investment in mobile and cloud technologies, and more accessibility for businesses of all sizes. Read the rest of this entry »

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ERP trends in 2014 – a year in review

Posted by Michelle James on December 8th, 2014

ERP trends in 2014What trends and changes have we seen in the ERP market this year? And how will they affect your approach to selecting an ERP system in 2015? 

In the last few years, ERP software has evolved rapidly and businesses are changing their approach to their ERP systems as a result. The past year has been no different. As the year draws to a close, we take a look at three of the key ERP trends in 2014 and see how they compare to our predictions at the end of 2013!

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