Despite the fact that half of best-in-class industrial machinery and components manufacturing companies have a rigorous commitment to lean manufacturing strategies and processes, 25 percent of these companies were classified as average or lagging in their lean manufacturing efforts, mentioned a recent research study completed by Aberdeen and Cincom Systems.

According to the jointly published report, ‘ERP in Industrial Machinery and Components’ (www.cincom.com/industrialerp), it's clear that the majority of industrial manufacturing companies aren't getting the greatest benefits possible from their lean manufacturing strategies and processes. The report cites that 33 percent of industrial manufacturing firms had not realised the full potential of their lean manufacturing strategies and processes.

In the report, Aberdeen offers a roadmap for industrial machinery and components manufacturing firms seeking to attain higher levels of organic revenue growth while balancing the need to improve customer response times through best-in-class use of enterprise resource planning (ERP). The report also offers the best practices of lean manufacturing leaders in the industrial machinery and components industry. It also provides an insight into ERP component technologies, which enable a higher level of lean manufacturing process.