In recent years UK manufacturers have found a renewed vigour. New strategies have ranged from the development of innovative products and services and the move into high value niche markets to increasing exports to new and fast growing emerging economies. Importantly, companies have reinforced these growth strategies with an increased focus on improving productivity and efficiency.
Over the past decade, the ERP market has experienced considerable change. Technology has developed and manufacturers’ knowledge and experience of buying, implementing and using computer systems has grown. At the same time, there has been a consolidation of solution vendors and products. While this has helped sort the wheat from the chaff - only the strongest products and suppliers have survived - there are still pitfalls for the unwary buyer. John Stephens reports
Merger and acquisition – M&A - is the ‘ultimate change programme’. It is often high profile, always disruptive, and carries a large degree of risk. You need to manage the risk, and to do that, you have to approach the whole process in a practical and people-centred way explains David Axon, head of private equity and M&A at Celerant Consulting.