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Last updated on Feb 1, 2025
  1. All
  2. Business Administration
  3. Enterprise Resource Planning (ERP)

Your ERP system isn't performing as expected. Are you using analytics to uncover inefficiencies?

If your Enterprise Resource Planning (ERP) system isn't delivering the results you anticipated, analytics might be the key to identifying and addressing inefficiencies. Here’s how you can use analytics to improve your ERP system:

  • Analyze key performance indicators (KPIs): Regularly review metrics like order fulfillment times and inventory turnover to spot inefficiencies.

  • Implement predictive analytics: Use data to forecast issues before they become problems, allowing for proactive adjustments.

  • Benchmark against industry standards: Compare your performance metrics with industry benchmarks to identify areas needing improvement.

How do you use analytics to optimize your ERP system? Share your insights.

Enterprise Resource Planning (ERP) Enterprise Resource Planning (ERP)

Enterprise Resource Planning (ERP)

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Last updated on Feb 1, 2025
  1. All
  2. Business Administration
  3. Enterprise Resource Planning (ERP)

Your ERP system isn't performing as expected. Are you using analytics to uncover inefficiencies?

If your Enterprise Resource Planning (ERP) system isn't delivering the results you anticipated, analytics might be the key to identifying and addressing inefficiencies. Here’s how you can use analytics to improve your ERP system:

  • Analyze key performance indicators (KPIs): Regularly review metrics like order fulfillment times and inventory turnover to spot inefficiencies.

  • Implement predictive analytics: Use data to forecast issues before they become problems, allowing for proactive adjustments.

  • Benchmark against industry standards: Compare your performance metrics with industry benchmarks to identify areas needing improvement.

How do you use analytics to optimize your ERP system? Share your insights.

Add your perspective
Help others by sharing more (125 characters min.)
9 answers
  • Contributor profile photo
    Contributor profile photo
    Nikunj Antala

    Odoo Silver Partner | Driving Digital Transformation with Odoo | ERP Expert

    (edited)
    • Report contribution

    If an ERP system isn’t delivering the expected results, analytics can play a huge role in uncovering inefficiencies. Tracking key metrics like order processing time, inventory turnover, and downtime helps pinpoint bottlenecks. Predictive analytics further enable proactive decision-making, reducing disruptions before they happen. Benchmarking against industry standards also gives valuable insights into where improvements are needed. A data-driven approach ensures better efficiency, cost savings, and overall system performance.

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  • Contributor profile photo
    Contributor profile photo
    Morteza Saeedifard

    Business Analyst | Microsoft D365 F&SCM Functional Consultant | Digital Transformation Enthusiastic

    • Report contribution

    Using analytics to optimize an ERP system enhances efficiency, reduces costs, and improves decision-making. Real-time monitoring and dashboards help track key metrics and detect bottlenecks. Predictive analytics enable proactive decisions by forecasting demand, inventory needs, and maintenance issues. Benchmarking against industry standards highlights areas for improvement, while AI-driven insights optimize pricing, procurement, and workflow automation. Data analytics also improve inventory management, compliance, and user adoption. By leveraging analytics, businesses can identify inefficiencies, streamline operations, and gain a competitive edge, ensuring their ERP system delivers maximum value.

    Like
    5
  • Contributor profile photo
    Contributor profile photo
    Praveen Verma (CA, Certified Fraud Examiner PGBM Mktg)

    Founder & Managing Partner ServeMax Advisors | President @ ACFE Haryana Chapter

    • Report contribution

    Yes, definitely. It is through analysis that one can locate inefficiencies in a lagging ERP system. By looking at key metrics like downtime, user adoption rates, and process bottlenecks, I can identify trouble spots causing underperformance. Data-led insights help to apply such business approaches to identify gaps in workflow, provide insights into technical problems, and bind the ERP system closer to business needs. This leads to more targeted improvements that can assist with further decision-making.

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    3
  • Contributor profile photo
    Contributor profile photo
    Ishwar Malvi🏆

    Founder @GeminateCS 💎 🎯 | Helping Businesses in Digital Transformation | Entrepreneur | Enterprise Architect | ERP | CRM | Odoo | AI | Android | IOS | Website | E-Commerce Consultant

    • Report contribution

    If your ERP system isn’t performing as expected, analytics can be a game-changer. Imagine your sales team is struggling with slow order processing. By diving into ERP analytics, you can pinpoint where delays happen - maybe it's the inventory updates or approval bottlenecks. With this data, you can make informed decisions to tweak processes, automate tasks or retrain staff. Analytics turn frustration into action, helping you identify inefficiencies and improve system performance, ultimately streamlining operations.

    Like
    2
  • Contributor profile photo
    Contributor profile photo
    Godfred Owusu, MSc, PMP, PMI-ACP, A-CSM®, PSM®, SFC®,

    🇬🇭🇨🇦🇺🇸 Co-Founder | Entrepreneur| Tech Product Manager| Helping Project Managers & other Professionals become Entrepreneurs, Build Time & Money Freedom, and Live with Purpose.

    • Report contribution

    I use analytics to gain deeper insights into system performance, user behavior, and business processes, which helps identify areas for improvement. By monitoring key metrics such as transaction speed, error rates, and system utilization, I can pinpoint inefficiencies or bottlenecks that might be slowing down operations. I also analyze user interactions within the ERP system, gathering data on which features are used most and which ones are underutilized. This helps in customizing the system to better meet user needs and improve adoption. Analytics also plays a crucial role in inventory and financial management, allowing me to track trends and make informed decisions on resource allocation, budgeting, and forecasting.

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  • Contributor profile photo
    Contributor profile photo
    Ingrid Serrano

    Executive Board | $B CIO | AI & Digital Transformation

    • Report contribution

    From my time overseeing large ERP environments, I’ve seen how underused analytics often hide the real issues—inefficient workflows, bottlenecks in fulfillment, or outdated business logic buried deep in the system. Here’s what I focus on: 🔹 Process KPIs – Are we measuring what actually impacts the business? Fulfillment time, stock accuracy, exception handling—these reveal where the drag is. 🔹 Predictive insights – Forecasting inventory shortfalls or cash flow disruptions lets you act before it hurts. 🔹 Benchmarking – Internal performance means more when measured against external expectations. Modern ERP isn’t just about transactions—it’s about visibility and agility. Analytics is the bridge.

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    Contributor profile photo
    Dayana Vargas Gonzalez

    FP&A Controller🚀 +15 Years in Finance | Data to Insights | KPIs | Variance Analysis | Budget Accuracy | Power BI | Advanced Financial Modelling | Leadership | Reporting | Cash Flow Optimization | Strategy

    • Report contribution

    An ERP without analytics is like a map without a compass—you have the information, but you don’t know if you’re heading in the right direction. 🔍📊 Many companies implement an ERP expecting efficiency, but without a solid analytics strategy, it’s hard to identify bottlenecks or areas for improvement. 👉 Are you measuring the time spent on key processes? 👉 Are you detecting patterns in costs and productivity? 👉 Does your ERP provide actionable insights or just static reports? The key is not just having data but turning it into strategic decisions. Advanced analytics with dynamic dashboards can transform your ERP into a continuous optimization tool. 🚀

    Like
  • Contributor profile photo
    Contributor profile photo
    Ferry Nauli

    Driving Business Growth Through Strategic, High-Value ERP Implementations | 20+ Years Experience in ERP & Mobility (Odoo, SAP, Oracle NetSuite)

    • Report contribution

    ERP systems are only as powerful as the insights we draw from them. I’ve found that embedding analytics into day-to-day workflows—rather than treating them as a separate task—makes a big difference. Whether it's tracking real-time order accuracy or analyzing bottlenecks in supply chain processes, data can transform how decisions are made. But it’s not just about having data—it’s about asking the right questions

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