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Captures the company’s need to enable better decision making throughout its value chain—not just better decisions by managers and executives but better decisions by everyone, from the delivery truck driver and the forklift operator to the foreman, sales executive and CEO.
Represents the organization’s agility, speed and overall responsiveness. Responding swiftly to all stakeholders helps differentiate the company. Faster enables competitive edge, as well as adaptability to changing business conditions.
It’s the company’s ability to scale and do more with the same or less investment in fixed costs and infrastructure.
We put Smarter, Faster and Leaner in that order because it represents the sequence of dependency. Companies need to start by being smarter. This improvement in effective decision making will help them to reduce delays, move more nimbly and improve service levels across the organization (it’s a pre-requisite to becoming faster). By being more agile, a company will expose waste and unnecessary expense that it can eliminate (leaner).
How can an SAP initiative make an organization Smarter, Faster and Leaner?
Over the last thirty years, ERP software has become very broad and deep in terms of functionality and capability. However, no matter what bells and whistles an ERP has, fundamentally it adds value by doing two things:
1. Improving automation of
2. Creating transparency vertically and
horizontally within an organization.
Although both sound generic and high-level, all other ERP capabilities fit into one (or both) of them.
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