ERP Software

IFS ERP Software Review, Part II

IFS has responded to the challenge. Their system called IFS ERP Solution was designed as intuitive, easy to use, and efficient software. Indeed, IFS has become known for its user-friendly software that streamlines the core processes of service and asset, project, manufacturing, and supply chain management. In addition, IFS Applications is a component-based ERP solution built on service-oriented architecture technology that is able to give businesses the freedom both to choose individual components at the outset and to add more later as needed.

IFS software is offered in twenty-two languages and is sold in fifty-four countries. Working in close partnership with its network of global partners, IFS is moving the market towards an acceptance of standards and co-existence that offer users faster payback and reduced risk, along with the freedom to choose only the components they need.

Cindy Jaudon, IFS North America President and CEO, said in 2011 that IFS has always been focused on the broad issue of IFS Applications’ ability to deliver enterprise agility as a core benefit. Furthermore, usability has also become key. There is an unmistakable premium on usability currently caused by the constant and swift market changes that have become almost commonplace. Jaudon added that market change has never been this rapid and at the same time most businesses are attempting to do more with fewer people. All of this has made usable, well-performing enterprise software more important than ever.

The underlying philosophy at IFS is that separate components and the use of open standards is the way customers will be able to achieve the best solutions possible in their business.  As a result, IFS ERP Software has evolved into one of the world’s leading providers of component-based business software. IFS Applications provides extended ERP functionality including customer relationship management (CRM), supply chain management (SCM), product lifecycle management (PLM), corporate performance management (CPM), enterprise asset management (EAM), and maintenance repair and overhaul (MRO) capabilities. The Software Applications are marketed as an on-demand business system. Its component-based architecture allows for fast, step-by-step implementation -meaning upgrades to add new functionality are less painful and can take place without major upheavals being necessary.  This type of architecture also means that solutions are simpler to implement and to run.

IFS ERP Software functionality includes a simple, highly automated flow for handling repetitious tasks together with advanced management-by-exception functionality; the ability to simultaneously handle complex processes; more simplified planning and control, which gives users the flexibility to reduce and streamline much of the administration and the complexities of rescheduling associated with traditional production orders; continuous cost reduction through its powerful support for analyzing where reductions can be made, and there are graphical tools that generate advanced analysis such as break-even and optimal price based on elasticity; highly collaborative, graphical, and interactive tool for forecasting and collaborative demand planning, which can be used to create both short and long term forecasts and for the creation of demand plans as a basis for sales planning, budgeting, master scheduling, and inventory control; open and standard technology giving customers the functionality to integrate with their manufacturing equipment and shop floor terminals; serial and lot tracking that enables the user to select the alternative that best suits their needs; the ability to produce data required to operate an after-sales management; and the power to enable businesses to re-use manufacturing data thereby considerably shortening lead times.

Written by :

Amy Cruz