Infor solutions have become synonymous with the enterprise resource planning market in recent years, due in large part to the vendor's support for a wide range of industries. The service provider is especially supportive of the automotive field, placing emphasis on how manufacturers in this space can leverage its ERP software.
A recent Infor announcement launched Infor Automotive Exchange – an electronic data interchange for automotive suppliers. The system integrates with the vendor's Syteline, the service provider's popular ERP product. Adopters should be able to communicate order demands, labeling data and shipping information more quickly with these tools.
John Bermudez, vice president of product management at Infor, explained automotive tier suppliers are facing various hardships regarding cost reductions, order processes and order accuracy.
"With a product like Infor Automotive Exchange, tier suppliers can help boost productivity and increase speed and response-ability with their OEM customers while regaining resources that in the past were [spent] maintaining EDI transactions and manual order and shipment transaction processing," Bermudez said.
Some automotive suppliers are already benefiting from Infor's product. Peter Sirfrer, finance and administration manager at LTH Casting Group, said the company's data is always changing, given its high manufacturing volumes. As a result, LTH is always looking for better ways to communicate important information within the firm itself and among its customers. Infor has helped the manufacturer deliver real-time data functionality to its employees.
Infor among very best ERP vendors
Automotive suppliers, financial services firms, enterprises, government agencies and more businesses can all benefit from an Infor-based ERP implementation. Few vendors have achieved such a high level of industry respect from reputable sources as Infor has in recent years. Today, the company boasts more than 70,000 customers worldwide.
A Nucleus Research report named three Infor solutions as some of the best options on the ERP market. LN, M3 and Syteline were listed within the firm's Technology Value Matrix
According to Rebecca Wettemann, research vice president at Nucleus, the analysis names the leading ERP systems available based on overall functionality and usability. Infor LN helps organizations support compliance, financial and management requirements. This suite is ideal for midmarket companies in myriad markets, including the automotive, aerospace and defense, industrial machinery, high tech and general manufacturing and distribution industries.
"Overall, Infor LN has benefited from the investments Infor has made in ION, user interface, and micro-vertical capabilities to reduce customizations, which ease the path for future upgrades and reduce ongoing support and maintenance burdens," Wettemann said.
If ERP can continue to deliver results to its clients, the vendor should have little trouble expanding its reach in a global market poised to achieve record results.
ERP market trending upward
A TechNavio report suggested that the global ERP market will expand at a compound annual growth rate of roughly 6.3 percent between 2013 and 2018.
The firm explained that ERP software is critical for supporting a variety of tasks for human resources, customer service, operations, sales, manufacturing and finance. Successful implementations deliver both internal and external collaboration capabilities that streamline functionality and productivity and shorten corporate processes.
Achieving a successful ERP deployment, however, is tricky. Organizations must partner with a service provider that has a proven track record of supporting their unique industries. Simply choosing the most cost-effective option available is a recipe for disaster. Firms planning an ERP launch in the near future can benefit greatly from choosing Infor solutions, which should remain among the very best software on the market moving forward – a point backed by TechNavio's forecast.