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Is Agile ERP an Oxymoron? It Better Not Be!

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Presentation on theme: "Is Agile ERP an Oxymoron? It Better Not Be!"— Presentation transcript:

1 Is Agile ERP an Oxymoron? It Better Not Be!
Cindy M. Jutras President, Mint Jutras

2 Definition ox·y·mo·ron (noun)
American Heritage Dictionary: A rhetorical figure in which an epigrammatic effect is created by the conjunction of incongruous or contradictory terms; a clever remark, more pointedly witty for seeming absurd or foolish. Epigram: A concisely and cleverly worded statement, making a pointed observation and often concluding with a satirical twist Microsoft Word: an expression with contradictory words

3 Definition ERP (Enterprise Resource Planning)
Mint Jutras: An integrated suite of modules that forms the operational and transactional system of record of your business Tightly integrated: Single data base, no redundant data, no synchronization required Uniform development platform Monolithic?

4 All Marching in Lock Step

5 Hard to Change Course

6 Why is Agility So Important Now?
Technology advances New opportunity New challenges Potential for disruption Impact on business and business models New regulatory requirements ASC 606 IFRS 15

7 Technology: The Digital World Today
Digital communication and collaboration Digital technologies: truly transformative Creates potential for disruption 84% of companies surveyed believe digital technologies have the potential of fundamentally changing the way we do business

8 Mint Jutras Annual Enterprise Solution Studies
2016 Study 525 responses Goals, Challenges, Status and Performance SaaS and Cloud Trends Disruption and Digital Preparedness 2017 Study 550 responses and (still) counting Innovation

9 “How much risk do you face in your industry being disrupted?”
Source: 2016 Mint Jutras Enterprise Solution Study

10 “Where will this distruption come from?”
Source: 2016 Mint Jutras Enterprise Solution Study

11 Don’t Forget More Traditional Forms of Disruption
Expansion to new territories Mergers & acquisitions Structural reorganizations Regulatory and compliance requirements Remember Sarbanes-Oxley (SOX)? IFRS and GAAP Now ASC 606 Not optional

12 The Business Case for Continuous Improvement
Common in manufacturing Lean Six Sigma Kaizen Why not apply the same to ERP? Objectives change Do you? A changing world requires a new mindset

13 Change in the Pace of Innovation?
Source: 2017 Mint Jutras Enterprise Solution Study

14 Innovation: 2 Sides to the Same Coin
Supplier (vendor) Consumer (You)

15 Innovation: 2 Sides to the Same Coin
Delivered versus “Consumed” Source: 2017 Mint Jutras Enterprise Solution Study

16 The Keys to Unlocking Agility
Platform “Smart” approach to customization Cloud/SaaS Components and extensions

17 Platform Speed of development “Application services”
File handling Security Searches Mobile access More… Product vs. Customization Tailor-ability, configurability Avoid invasive code changes

18 What Kind of Customization?
Source: 2017 Mint Jutras Enterprise Solution Study

19 What Roles Does the Cloud Play in Agility?

20 Cloud: An Enabler Growth, communication, collaboration
No capital expenditure required No need to build out a data center No hardware or a huge information technology (IT) staff in country

21 The Appeal of SaaS More innovation Cost Considerations
Cost and effort of upgrades with less disruption More innovation Ease of remote access Ease of bringing up new locations Security and business continuity

22 Innovation Delivered versus “Consumed”
Source: 2017 Mint Jutras Enterprise Solution Study How That Innovation is Delivered Matters

23 Innovation Delivered Versus “Consumed”
Source: 2017 Mint Jutras Enterprise Solution Study

24 Look No Further than Your Kitchen Floor

25 Tile (Components) Versus Single Sheet Of Linoleum

26 How Innovation is Delivered Matters
Monolithic Share single database Tightly Integrated Move forward: all or nothing Increased likelihood of invasive customization Loosely Coupled Integration not a “given” Redundancy and synchronization Move forward as required Extension vs customization Where is functionality strongest? Is integration seamless?

27 So… What Are Vendors Doing?
They Are Listening to You!

28 What Are Customers Saying? “How do you want vendor to prioritize?”
Source: 2017 Mint Jutras Enterprise Solution Study

29 Monolithic or Loosely Coupled? Be careful what you ask for…
Embedded in ERP? Source: 2017 Mint Jutras Enterprise Solution Study Monolithic or Loosely Coupled? Be careful what you ask for…

30 Summary Agility is paramount Platform is key Cloud/SaaS as enablers
Technology drives change Internet levels playing field New markets and business models New regulatory requirements Platform is key Cloud/SaaS as enablers Build it right!

31 Cindy M. Jutras President, Mint Jutras
Any Questions??? Cindy M. Jutras President, Mint Jutras


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