The Ontario Automotive Modernization Program helps modernize Ontario’s automotive supply chain to make it more competitive and responsive to the changing needs of its customers. Funding: Up to $150,000grant to offset up to 50% of eligible project costs. (aim for $300k+ budget to receive max grant return). Eligible Applicants for Ontario Automotive Modernization Program: Ontario automotive parts manufacturers (at least 50% of total revenues must be generated from the automotive supply sector). The direct applicant must be a SME (<500 employees in Ontario and <$1B consolidated global revenues). The applicant must be in the automotive supply chain to original equipment manufacturers of passenger […]
AI in Finance
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Problems with ERP systems
I read an interesting article about problems with ERP Systems on May 28, 2025 which you can check out by clicking here. The article identifies the following 4 problems with ERP: System – system is missing functionality needed Setup – system ok but not setup properly Incomplete – system ok but not using it Business Practice – system ok but not using it well It’s important to classify the problem, as the solution is not always a new system. We take a similar approach when we do our business process reviews, where we interview employees to describe the business process […]
Not Just The Top 10 ERP Systems
Some consultants will identify the top 10 ERP systems or just consider them in software selection projects. These systems have the largest customer base and typically have: Modern user interfaces Invested large sums in R&D to take advantage of new technology like AI. Invested large sums in security. But should you also consider lesser-known systems that cater to a specific industry? Advantages of Lesser-Known ERP Systems They are usually industry specific and also include business processes optimized for the industry and industry experts to implement the system. Licensing and implementation are usually less expensive. They are often less difficult to […]
Personal Message from Michael Burns
I hope all is well with you and your family. Like everyone else, I look forward to the day when we can resume our lives, which we took for granted before Covid. Let’s stay positive about our future, and not despair or let “the old man in” as shown in a video starring Clint Eastwood or be despondent when there is sunshine ahead per the Jive Five Aces. Just click on the image below to see the videos. […]
BENCHMARKING: Get the Gain
April 2008 from the Supply Chain Management Review – “…Another important reality is that benchmarking brings a necessary level of objectivity to performance evaluation. The subjective notion that “We think we’re pretty good” isn’t really good enough. That was the trap we fell into at Compaq when it came to order cycle time until the benchmarking told us otherwise. The reality is that self-opinion doesn’t truly matter to customers, who are comparing you against other suppliers… The biggest hurdle to benchmarking is coming up with standard ways to compare one company’s operations with another’s in order to make “like-for-like” comparisons…” […]