As global manufacturers become larger and more complex, capability gaps are exposed in traditional (financial and operational) planning and performance management (P&PM) software. Most of these solutions don’t support the type of fully integrated processes that are needed to address these gaps. This reality is illustrated below and described in more detail in a separate article, which can be found here.
Global manufacturers often have significant investments in such software tools. Replacing them is often an option of last resort. For many, plugin solutions offer a more appealing option. It addresses capability gaps, while continuing to leverage existing software tools. What follows is a description of such solutions.