Posts

Why migrate to S/4HANA?

StrategyDriven Tactical Execution Article |S/4HANA|Why migrate to S/4HANA?Operating a business is not always an easy task. It requires you to stay updated on various trends to remain competitive and significant to your customers. Usually, IT complexity within companies will stall S/4HANAmigration projects. Nevertheless, many companies will find it helpful to shift S/4HANA. This article will provide you with the benefits your company will enjoy after migrating to S/4HANA.

Reduced Ownership Costs

S/4HANA facilitates functions like master data governance and Global Available to promise. From an infrastructural perspective, the reduced boxes to manage translates to lowered maintenance costs. Again, S/4HANA allows a shared infrastructure, thus enabling businesses to eliminate bare metal that needs replacement every five years.

Easy Business Model Updates

Typically, the SAP ECC was developed for business models that have not been forced to change as fast as today’s models. For instance, today’s models are changing to keep up with various influences such as customer expectations, hybrid workforces, supply chain disruptions, and advanced technologies. However, following the increased opportunities to pivot and apply data to new business models, organizations can allow easier model change through SA S/4HANA. Besides, SAP S/4HANA is developed from the bottom up and facilitates how organizations do business now.

Simplifies the Introduction of Acquisitions into the ERP Environment

In the consumer packaged goods sector, businesses add complementary goods to their offerings and expand into new markets by getting smaller brands. Before SAP S/4HANA was developed, companies were required to combine these acquisitions into their core ECC systems. Unfortunately, these activities needed many resources and time to accomplish. The good news is that with S/4HANA, companies do not have to fold acquisitions into their core; instead, they can store them in the SAP public cloud.


Faster and Better Analytical Insights

S/4HANA elevates its performance exponentially, especially running through the HANA in-memory databases. It incorporates an intelligent data design that decreases aggregate data and table redundancy, thus making it exceptionally efficient. Also, the core ERP system provides faster insights and analytics instead of keeping data in the warehouse and waiting for it to load each time you need it. Also, you will enjoy speed insights from the analytics capabilities and business transactions in the same system.

Enhances Forecasting Accuracy

Although they are evolving slowly, embedded machine and AI learning applications are steadily changing in S/4HANA, facilitating improved forecasting, predictive outcomes, and modeling. For instance, a retailer can utilize a Universal Data Element Framework to forecast demand based on historical data. This allows them to pull in third-party aspects like the weather. Therefore, a retailer can develop a model that can predict the demand for a specific product in a particular area.

Facilitates Proactive Assets Management

AI, machine learning, and in-memory databases allow businesses to combine industrial sensors with S/4HANA. This facilitates predictive analysis, especially in receiving alerts if a machine malfunctions and monitoring assets on the manufacturing shop floor. Additionally, the sensors work full-time, constantly monitoring movement, temperature, and vibration.

Also, guided by the baseline measurements, businesses can predict unexpected shutdowns or when a particular machine requires maintenance.

Cut The Inefficiencies Out Of Your Manufacturing Line

StrategyDriven Tactical Execution Article |Inefficiencies Of Manufacturing|Cut The Inefficiencies Out Of Your Manufacturing LineWe’re living in times that are not easy, economically speaking. That should be no surprise to anyone. The job market is shrinking and wages are stagnant despite rising costs of living. That so many businesses are able to survive, even thrive, is down to some old-fashioned ingenuity. One industry that’s showing that in spades is manufacturing. We’re going to take a look at some of the tactics and techniques that are helping them do that.

Getting more organized

It makes sense that better organization makes it easier for manufacturers to do things more efficiently. However, a lot of them have boiled it down to art. Lean manufacturing is down to the process of cutting waste out in all the different sectors. With the equipment, this means keeping it maintained, keeping it placed conveniently, and keeping the workload transition as smooth as possible. It’s even possible to apply lean techniques to safety in the workplace.

Be mindful of your energy spend

As you might imagine, energy consumption in manufacturing is nothing to underestimate. All that machinery is bound to have a high energy cost. However, following energy-saving tips is helping many businesses find solutions to decrease their energy use. For example, this includes using energy saving appliances like LED lights where possible, maintaining your existing equipment so that it’s better able to efficiently carry out its work and so on.


Reducing lost materials

Keeping track of the materials and different inventories is just as important as the equipment. Faulty materials can lead to faulty products which is a big source of loss for many manufacturing companies. Ensuring that you’re not wasting inventory in the manufacturing process is wise, too. With the help of laser measurement services, for instance, you can ensure that you’re never using more materials than you need to. Precision with your needs can reduce loss.

Simplifying the production line

Another factor of lean manufacturing that saves a lot of time is getting rid of the complexity in the manufacturing line. Besides maintaining equipment, attention should be given to its placement. Businesses shouldn’t be afraid to get rid of redundant equipment and even redundant space. Selling commercial property can cut a lot of costs in one swoop.

Make more efficiency use of your employees

It’s not just the equipment that can be made more efficient, however. Taking the lean approach to employees means making them more versatile and making sure they use their time in the most efficient way. Cross-training achieves that by teaching them all the skills they need to fit multiple roles in the manufactory, making them more productive. It also has the added benefit of ensuring no employee is indispensable. This is a useful thing to have in case one of them is no longer able or willing to work for the business.

With the help of the tips above, you can improve the efficiency of your manufacturing line greatly, which can lead to more cost-effective production, more savings in your pocket, and easier profits. Of course, the specifics of how these principles work will depend largely on your manufacturing line’s particular setup.

Do You Need a CRM?

StrategyDriven Customer Relationship Management Article | Do you need a CRM?Customer relationships are crucial to the success of any small business. Recently, customer relationship management (CRM) has gained popularity. The use of the best free CRM software is a tremendous accomplishment. To what extent may implementing a customer relationship management system predict the success of your organization? Here are some problems you might be going through in your business that might indicate that you need a CRM:

The Quantity of Leads is Unmanageable

CRM could be handy if you are trying to handle the inflow of consumers you are having. A sophisticated CRM system will categorize and prioritize leads so that your sales team can respond to them promptly.

You Are Unable to Locate Any Client Information

In the past, spreadsheets, emails, and post-it notes may have been adequate for your organization. Your team’s ability to see consumer interactions and make timely decisions will be hindered as it grows if it continues to use obsolete tools. A corporation should utilize a customer relationship management system to enhance sales and customer retention.

You Are Unaware of the Members of Your Sales Team

Monitor your sales force both at home and on the road. Using a sophisticated CRM, team members can rapidly update information from their mobile devices, allowing you to monitor and respond to real-time changes. A dependable customer relationship management system enables accurate monitoring of company operations and revenue forecasting.


Inept Interactions With Customers

Acquiring new clients is a challenging endeavor. The last thing you desire is subpar service. If your customer service team spends more time reacting to problems than proactively addressing client expectations, you may want a customer relationship management system. Case management and a comprehensive customer view enable you to impress and retain customers.

Reasonable customer relationship management solutions promote knowledge sharing and case assignment among customer support agents. Customers can acquire answers through self-service forums, allowing operators to focus on more complicated problems.

You Are Responsible for Managing the Accounts Over the Long Term

There are numerous types of consumers. No one wants to feel as though they are unimportant to you. By keeping track of significant anniversaries and accomplishments for your most valuable clients, a CRM system may enable you to send timely emails demonstrating your concern for their company. A CRM system can also be used to monitor employees. This allows you to adapt to future encounters and retain a relationship with a client even after contact has moved on.

The Preparation of Reports Wastes Time

Manually entering data into reports deprives salespeople of time they could spend making sales. The centralized nature of CRM platforms’ data storage facilitates analysis and reporting. Periodically, some programs can “clean” client data by adding missing information and deleting duplicates. They can also synchronize your account and contact information with your CRM.

The Path to Your Growth is Obscure

Describe your strategy for acquiring new customers. Is your confidence in the scalability of your company warranted? It may be time to consider a customer relationship management system if your approaches and resources are insufficient. A scalable solution allows your organization to grow without sacrificing efficiency. A scalable CRM software/Sales CRM system can expand and adapt to your business. On the Salesforce AppExchange, there are close to 3,000 corporate applications.

Reasons Why You Should Get A LinkedIn Marketing Strategy Done

StrategyDriven Online Marketing and Website Development Article, Reasons Why You Should Get A LinkedIn Marketing Strategy Done

Getting your team involved in LinkedIn marketing can be tricky. Fortunately, there are some resources you can use to make it easier. These include templates that follow brand guidelines and content ideas. This way, even if your team isn’t a designer, they can still be included in the strategy.

Influencer Marketing

Influencer marketing on LinkedIn is a great way to get the attention of industry leaders who may be interested in your products or services. However, it’s important to start building relationships early. Influencers can help boost your brand’s reputation and drive sales.

Clear Strategic Goals

To be successful, your LinkedIn marketing strategy must be based on clear, strategic goals. These goals should be specific and include brand awareness, consideration, and conversion. They should also include measurable metrics and a planned editorial calendar. It is helpful to divide your objectives into sections, such as macro-topics. Then, you can create an editorial calendar that includes topics related to each objective.

In addition to attracting followers, your LinkedIn strategy must also focus on retaining these followers. This requires providing relevant, high-quality content. The quality of your posts can make or break your LinkedIn marketing strategy.

Taking Advantage Of LinkedIn’s Features

One of the most effective ways to generate new leads on LinkedIn is by leveraging the features of this networking site. For example, you can publish an article on the LinkedIn blog. This feature enables you to publish articles that can be read by other members and get indexed by search engines. Not only is this feature useful for building relationships, but it also allows you to stand out from the crowd.

LinkedIn has many free features to help you market your business. For example, you can post blog posts and status updates and even request recommendations from your connections. This helps you attract potential new customers. Moreover, you can even use LinkedIn for recruiting, hiring, and finding new business leads.

To Promote Your Business

To promote your business on LinkedIn, you need a strategy. Unlike other social networks, you can’t just publish the same content across different networks. Your strategy should focus on specific objectives such as brand awareness, consideration, and conversion. You need to have clear goals and define metrics, as well as a planned editorial calendar. For example, you need to establish what types of content your audience wants to read, and then organize your schedule around them.

To Generate Leads

Creating and sharing your content on LinkedIn is an excellent way to engage your followers and generate leads. You can choose to make your content more targeted and niched, and use a variety of marketing methods. For example, you can create ads aimed at specific groups of people, such as people who are looking for jobs. This can be a great way to generate leads for your real estate business.

Another great way to generate leads on LinkedIn is to learn from your connections. Connect with your existing clients and ask them to recommend you to their connections. This method is far fewer sales and pushy than cold calling. You can also browse through the profiles of your current clients and see who you have in common. This can give your leads a sense of confidence in you.

To Increase Traffic

If you want to gain the most benefit from using LinkedIn, the first step is to get a strategy in place. You can get help from social media dashboard software to get an idea of what works and what doesn’t. Once you have a strategy in place, you can get started and reap the rewards.

For Employee Advocacy

Employee advocacy is a great way to gain more exposure for your brand, and it’s also a cost-effective way to engage with your customers. Employees have personal networks that can connect them with others and build trust. They can share content with their connections, which improves networking and sales results.

Employee advocacy can also help your company build a positive reputation in the industry. Employees are usually proud of their employer and are happy to share positive experiences. This will make employees feel more attached to the company, which will increase retention and longevity. A successful employee advocacy strategy on LinkedIn will give your employees ready-to-share content and optimize their profiles to get the most attention possible.

Lastly

LinkedIn is a powerful social network. It can be used for employee advocacy and to drive leads. But, before you can make the most of it, you need a marketing strategy. That’s where a professional LinkedIn marketing strategy comes in handy.

5 Problems No SEO Expert Should Solve — And Why You Should Fix Them First

Nowadays, relying on search engine optimization experts to improve your online visibility is a good business practice. Indeed, working with a professional SEO Company can positively affect your ranking in the search result pages, help drive more organic traffic to your website, and generate more leads. Your SEO strategy can be highly effective in maximizing lead generation. After all, SEO guarantees visibility on one of the most trusted brands in the world, Google. Being seen and found in Google search is a recipe for success.

Additionally, unlike advertising campaigns, organic leads coming through your SEO activities are “free”. While this doesn’t mean that a partnership with an SEO expert is pro bono, there are no advertising fees or cost per click with search engine optimization. Your SEO results can also help lower your advertising costs. For example, SEO-optimized pages decrease their average bid costs on Google AdWords. In other words, SEO can drive leads, increase brand awareness, and decrease other marketing expenses.

But it is important to understand that while SEO can be a highly effective strategy, it isn’t a miracle solution to solve all business problems. Here are 5 things you can’t expect from your SEO specialist.

#1. Figuring out the rest of your marketing strategy

An SEO partner focuses their energy on developing your SEO plan. When it comes to determining other marketing activities, your SEO contractor is the wrong point of contact. Indeed, high level marketing activities such as market data, marketing budget, or even marketing objectives will be defined by your business plan. Your business plan acts as a guiding map providing clarity on your business services, objectives, and strategy to achieve these goals. As a result, marketing will be determined at this level.

If you struggle with the creation of a coherent marketing strategy, it can be useful to reach out to a marketing strategist who can assist with this part of the business plan.

#2. Creating new content to inspire future products or services

While SEO-optimized content generation can be one of the services, your SEO copywriter will not provide content for a service or product that doesn’t exist. SEO-optimized content means that your SEO partner can help make your existing services and products more appealing to search engine platforms. The SEO copywriter is not a fiction novelist. They can’t invent what your services should be like.

If you need SEO content, you have to provide all the necessary information to your contractor, including:

  • What services you offer
  • Who your target audience is
  • What problem the services can solve
  • What your keywords are and which words you wish to rank for
  • How customers proceed to purchase or order
  • What your USP is (Unique Selling Proposition)


#3. Designing your website

Here’s an important distinction that many businesses fail to make. A website designer will develop the design and layout of your website, including the use of graphics, videos, and sounds.

An SEO expert can provide technical SEO improvements through the additions of schema markups, for instance, to your HTML. While many SEO specialists have a strong understanding of coding language to improve your SEO ranking, they do not utilize their coding know-how to upgrade the site’s layout or appearance.

If you wish to launch a new SEO-friendly website, you will need to plan a project that involves both web designers and SEO professionals.

#4. Managing your social media profiles

Social media managers are in charge of your social media presence. An SEO expert can provide support, such as creating tracking-friendly SEO URLs that can be shared on Twitter or Facebook. These links can make it easier to figure out where your traffic is coming from and which social media platform drives the highest conversion rates.

But the social media involvement for SEO stops right there. Creating engagement on social media and reaching out to your customers online is something you should entrust a trained specialist, aka a social media manager.

#5. Providing intelligence on the next market trends

Competition monitoring belongs to the regular tasks of an SEO contractor, as they track the ranking and keyword choices for your competitors. Yet, it is easy to confuse SEO monitoring and competition analysis at a business level. Your SEO agency is not designed to capture market intelligence about business choices and trends of your competitors. It is the task of a business and market analyst. The results observed can be used as part of a new business plan, which can affect your marketing strategy as a whole and your SEO activities in particular.

If you are going to make the most of your SEO activities, it is of the utmost importance to entrust experts with activities and strategies within their area of expertise.