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  "documentTitle": "Stryker Corp. (SYK)",
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  "authorName": "Ben Axler",
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      "text": "Stryker continued making bold claims in 2018 about its \"commitment\" to the ERP saying \"we're not going to stop\" and that consolidating systems to 1 ERP was important for the businesses to continue to perform.",
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      "text": "Stryker continued making bold claims in 2018 about its \"commitment\" to the ERP saying \"we're not going to stop\" and that consolidating systems to 1 ERP was important for the businesses to continue to perform. The COO, who recently \"retired\" in 2021, points out that the ERP is projected to become more complex as additional acquisitions are completed. Stryker has announced $10.0 billon worth of deals since his comment....",
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      "text": "\"You fast forward to now and you look at first quarter in particular... We're not going to stop the ERP. We're not going to stop product life cycle management...\"",
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      "text": "\"Another thing is we're in the very early innings of installing a new ERP system around the globe... And as you know, it becomes a bit more complicated to do deals and you have other variables coming in there, but we're fully committed to delivering.\"",
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      "text": "\"And part of that came out of big investments we've been making in CTG... It includes going from 42 to 1 ERP system... You do not go from 42 to 1 ERP system without spending a lot up front...\"",
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      "kind": "quote",
      "text": "\"Let's start with ERP first. First of all, ERP is a 4-year program. We've committed $400 million to this program. We are replacing over 40 separate ERP systems with one global SAP system...\"",
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      "text": "\"Let's start with ERP first. First of all, ERP is a 4-year program. We've committed $400 million to this program. We are replacing over 40 separate ERP systems with one global SAP system.\" — CFO Boehnlein, BaML Conf, May 15, 2018. \"You do not go from 42 to 1 ERP system without spending a lot up front, particularly if you want to ensure that the businesses are able to continue to perform.\" — Katherine Owen, DB Conf, May 8, 2018. \"And as you know, it becomes a bit more complicated to do deals and you have other variables coming in there, but we're fully committed to delivering.\" — Former COO Tim Scannell, MS Conf, Sept 12, 2018.",
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