Success Story

blum Assists Retail Jewelry Supplier in Selecting Consumer Goods ERP

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Insights  <  blum Assists Retail Jewelry Supplier in Selecting Consumer Goods ERP

The Challenge

A leading jewelry supplier’s collection of poorly integrated applications was limiting their ability to run their business efficiently and adapt to new requirements. Their core homegrown application was old, inflexible, hard to support, had limited features and was not integrated with their accounting application which had also become dated.

blum was invited to recommend an upgrade path for their accounting application, with the ultimate goal that it could also replace their home grown application. After further review, we determined their current application may not be the best solution for their consumer goods oriented business and recommended a software selection project to find the application that was the best fit.

The Solution

blum was engaged to help them select a new comprehensive ERP application. Our selection expertise and methodology helped them:

  • Create a formal selection team of executives and process experts
  • Identify and document their business goals, improvement objectives and business requirements
  • Identify consumer goods market appropriate ERP software candidates
  • Create and submit an RFP to software vendors and evaluate the responses
  • Conduct and evaluate scripted software demonstrations
  • Make the final selection and negotiate contracts
Learn about our ERP software selection services

The Benefits

As a result they:

  • Created buy-in and enthusiasm while building a team prepared for the upcoming implementation
  • Conducted a fair, focused and efficient selection
  • Selected the best ERP software for their goals, objectives and requirements
  • Negotiated a good deal and terms that minimized the risk of cost overruns

The new fully integrated ERP replaced their collection of old applications and provided the capability to implement improved processes for:

  • Product Life Cycle Management
  • Web Based Sourcing and Vendor Collaboration
  • Integrated EDI
  • Multidimensional Item Classification Matrixes
  • Private Labeling and Royalty Support
  • Deduction Management
  • Integration with Third-Party Logistics Providers
  • Business Intelligence

Associated Industries

Associated Expertise

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