The evaluation and ultimate selection of a technology solution as materially transformative as an ERP package requires an organization to immerse itself in some in-depth self-reflection. Reflection of how it is currently operating, considering opportunities to re-engineer, optimize and standardize current business processes. Reflecting on the future. Where is the business going? What external market and regulatory pressures are mandating? What and how will we drive competitive differentiation and growth, enhancing flexibility and scalability, while driving operational excellence across our business? What new innovative technology solutions would we want to consider? Cultural implications of a change this large are a significant component that has to be considered as are the organization’s tolerance for risk and approach to technology adoption. Enterprise architecture forms the basis for delivery of business capability ensuring secure, flexible, robust platforms from which business services can be delivered. Opportunities abound in this space but will require careful evaluation and consideration to ensure that they will deliver on the business expectations and requirements.
Wavestone US was retained by a Fortune 500 national distributor in the oil and gas industry to perform an ERP evaluation and selection. The driver to assess a new technology solution was a strategic, multi-year plan to grow revenue and share value. However, the company’s aging, existing technology was unable to scale and accommodate the significant business model transformation required by the plan. Wavestone US’ mandate was to fully understand the nuances of the new business model and strategic direction and obtain a deep insight into the current technology environment. The scope encompassed
- Core integration points and especially limitations of existing architecture
- Help with the design and review of current operational process mapping to determine risk and opportunities for optimization and re-engineering
- Ensure that integration of an ERP solution to new fleet tracking and inventory systems was maintained as a core requirement
- Ensure the ability to obtain, retain and utilize as yet untapped data sources to drive actionable predictive analytics
Internal culture and operational business structure design also had to be considered and evaluated as part of the selection criteria.
Our work enabled the corporation to make a data driven, fact based decision around the optimal architecture and solution that would deliver on their outcomes, goals and objectives they required.
To learn more about what Wavestone US can do for your company, visit http://wavestone.us/capabilities.
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