Established in 2001, EQ3 is a Canadian designer, producer and retailer of present day dwelling and business office furniture. In 2017, the enterprise reached out to the Nationwide Investigate Council of Canada Industrial Research Help Program (NRC IRAP) when they were running into difficulties with adopting and integrating an enterprise resource planning (ERP) remedy to improve business output benefits.
At the time, the organization was linked with Ryan Johnson, an industrial technological know-how advisor (ITA) with NRC IRAP. With a strong track record in units engineering, Ryan fulfilled with EQ3 to explore their wants and determine how ideal he could support. What Ryan identified, was that the firm’s worries did not stem from their ERP method itself, but from more foundational problems that first needed to be resolved.
“I observed a bigger want for the enterprise to re-align their organization processes in advance of adopting an ERP remedy,” recalls Ryan. “The finest tactic is to start off with the production technique. When you get that approach doing the job properly, the administration and business processes adhere to suit—only then can an ERP implementation be effective at driving further gains.”
EQ3 adopted Ryan’s advice and so began the first NRC IRAP challenge with the firm to re-align their production system. The realignment led to EQ3 accomplishing improved solution excellent and improved manufacturing capability. This not only positioned the company to increase their revenue potential, the organization was now poised to adopt new methodologies and technologies into their manufacturing method to even further increase their productiveness.
Via this experience, EQ3 understood they desired to act on acquiring interior technical expertise to assist them establish further more digital capabilities, so they additional engineering and IT experience to their staff. This led to NRC IRAP aid on a further task to develop front-conclusion electronic systems and a unified business enterprise product to assist mass customization of their home furniture, along with new worth-added goods and products and services for EQ3 customers.
Realigning their production potential supported expansion in several means for EQ3. From 2016 to 2021, EQ3 doubled their staff and extra than doubled their booked product sales revenues. In addition, they were being able to develop their on the web sales, which saw on-line revenues jump over 690%!
Today, EQ3 has expanded its presence throughout Canada and into the United States, setting up flagship locations in New York City. The enterprise carries on to continue to be genuine to its roots and Canadian brand with products design, R&D, and production remaining in Winnipeg, Manitoba.
“Thanks to NRC IRAP and Ryan, our trusted ITA, we ended up equipped to adapt and innovate more rapidly than our rivals which permitted us to achieve further more market place share in the home furnishing room. Without having NRC IRAP’s aid, the ability increases and significant earnings growth percentages 12 months-about-calendar year would not have been feasible,”
