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Is your business information helping or hindering you? Our latest masterclass series shows you how to avoid the pitfalls.Spot the three pitfalls of business expansion and learn how to avoid them. Our new masterclass series has the details.
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Masterclass 2The three pitfalls of business expansion… and how to avoid them
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 2
Introduction
SMEs across the world prioritize the effective use of technology to support growth
Survey conducted among SMEs by Economist Intelligence Unit in US, Japan, Germany, UK, France, Brazil, Russia, India, China & Mexico
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 3
Avoiding the Pitfalls
Three pitfalls related to managing:
• Business processes
• Analytics
• Information systems
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 4
Business processes – plug the process gaps
• Warning signs
Process gaps are more obvious
Inaccurate inventory
Unreliable forecasts
Quality control
Shipment delays
Dissatisfied customers
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 5
Business processes – see clearly again
• ERP helps you avoid the pitfalls
• The bigger the company, the greater the need
• Design your own best practice
• Integrate corporate governance
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 6
Business processes – act local, work together
• Different processes where needed
• Better collaboration
• Spend your time more constructively
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 7
Analytics – disparate data
• Do you know how you’re doing?
• Expansion can cause confusion
• Leads to bad decisions
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 8
Information systems – a choice of solutions
• How to make information reliable?
• Common portal or uniform platform?
• ERP lets you align metrics to strategy
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 9
Information systems – integrating information
• High-quality data is vital
Look out for basic mismatches
• Bad data leads to bad management
Workarounds
Corporate governance
• Huge handicap for expanding companies
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 10
Information systems – keep it simple
• Apply a single system
• Plan quickly
• Implementation through change management
• Shared vision
© 2013 SAP AG or an SAP affiliate company. All rights reserved. 11
Putting it all together
• ERP helps you avoid the pitfalls
• Better decisions based on reliable data
• Look forward not back
• Fulfil your potential
© 2013 SAP AG or an SAP affiliate company. All rights reserved.
Thank you
Contact information:
Madeline ten KroodenMarketing [email protected]+27 12 345 2505www.4most.co.za