• TOPICS
    • Design
    • Manufacturing
    • Inspection
    • Heat Treating
    • Lubrication
    • Materials
    • The Gear Industry
    • Gears by Type
  • MAGAZINE
    • Current Issue
    • Departments
    • Archives
    • Subscribe
    • Advertise
  • NEWSLETTER
    • Subscribe
  • VIDEO
    • Gear Technology TV
      • Ask the Expert Live
      • Revolutions
    • Industry Videos
  • BLOGS
  • BUYER'S GUIDE
  • NEWS and EVENTS
    • Product News
    • Industry News
    • Events
  • ADVERTISING
    • Brand Awareness
      • Print: Display Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Newsletter Sponsored Content (Native Advertising)
    • Response & Lead Generation
      • Online: Sponsored Content (Native Advertising)
      • E-mail: Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: Custom, White Papers & Webinars
      • Online: Buyers Guide
    • Print Advertising
      • Print: Display Advertising
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • Print: Specifications
      • MPT Expo Show Guide Advertising
    • Online Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • Online: Buyers Guide
      • Online: Specifications
    • E-mail Advertising
      • E-mail: E-Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: AGMA Industry News
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Specifications
    • Special Promotions
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • MPT Expo Show Guide Advertising
  • CONTACT US
  • AGMA
    • Membership
    • Events
    • Education
    • Emerging Technology
    • AGMA Media
    • Standards
Subscribe
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Winshuttle Examines ERP Users in Latest Manufacturing Report

Winshuttle Examines ERP Users in Latest Manufacturing Report

February 3, 2020
The majority of manufacturers are under pressure to launch more products, faster than ever, and cite automating manual processes as the biggest area for improvement. That’s a key finding in recent research by Winshuttle in the company’s New Product Introduction (NPI) survey report.

This disparity between the need for speed in manufacturing, and the slow, manual processes to get products to market is evident in the company’s latest survey of large manufacturers.

Key findings from the survey of 190 respondents include:

74% are under to pressure to speed up product launches reflecting a tough competitive landscape where smaller players have grabbed 17 billion dollars in sales from large companies since 2013, according to research firm IRI.
82% cite changes are often or very frequently driven by consumer preferences
67% say they are often or very frequently driven by competitive pressures
68% of respondents expect launch volume to increase in the next few years as manufacturers continue to respond to rapidly changing market dynamics.
Manual launch processes hamper many large manufacturers with 60% using email and spreadsheets to collect launch data for some of their launch processes and 17% using paper forms.
Process complexity and lack of automation is contributing to slow launch cycles, with 70% of respondents reporting that it takes more than six months to launch a net new product today.

Sometimes referred to as commercialization, the NPI process is all about collecting and entering the data into SAP that the supply chain or operations team needs to make and distribute the product and meet launch dates. Managing critical tasks like sourcing new materials, or getting new artwork designed could also be part of the process. This report uncovers some details around the many different launch process types including; net new products, line extensions, packaging or label changes, plant or geographical extensions, and ingredient or component changes.

“You don’t have to be an industry expert to have noticed the rapid increase in new consumer products over the past few years,” explains Jeanette Mifsud, Winshuttle’s manager of product marketing, in the November edition of SAPInsider. “Shifting consumer demands and disruptive business models are driving manufacturers to introduce new products at an unprecedented pace and scale. In this dynamic landscape, speed to market and business agility are critical.”
 
Visit the website below for the full report. 
Industry News
  • Related Articles

    AGMA Examines Robot Integration in Gear Manufacturing

    Third Wave Systems 2021 Regional Users Conference Examines Machining Modeling

    SME Releases Latest Video in Manufacturing Insights Series

Free Gear Technology Subscriptions
Subscribe
Free Gear Technology Subscriptions
Subscribe
FEATURED VIDEO
  • Helios1
    Forest City Gear Taps Helios Gear for Custom Cutting Tools
January 18, 2023
RECOMMENDED
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • State of the Powder Metal Industry

    October 12, 2022
    gt0922_Page_30_Image_0001.jpg
  • The Afterglow of Furnaces North America 2022

    October 12, 2022
    gt0922_Page_20_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • Subscribe
  • Advertise
  • Contribute
  • AGMA
Powered byAGMA
Copyright © 2023 Gear Technology
  • Privacy Policy
  • Contact