Enterprise Resource Planning

The value of ERP software can best be summed up by its centralization of a wide range of front office and back office processes. There are many different ERP modules available that can be added to a system to further customize the solution for your business. For example, if you find a vendor that aligns with your business needs but doesn’t have CRM functionality included in its base package, you may choose to integrate a module in order to implement those capabilities for your system. ERP’s high modularity makes it an attractive and easily personalizable tool that suits a variety of workflows.

An ERP software system is often one of the biggest investments a company will have to make. Not only is it a major financial decision, but an effective solution can impact all parts of your business, like human resources, accounting, manufacturing, marketing and more. As such a critical component of business, buyers should research not only what’s currently available, but also what ERP software trends are coming down the pipeline.

To help our readers out (and sate our own curiosity), we spoke with several leaders about what ERP trends we might see in 2019 and the years to come. Between a movement to the cloud, disruption cycles, competition from Amazon and more, it looks like 2019 is shaping up to be an exciting year for ERP.

Manufacturing software offers a wide variety of functions that can affect businesses in different industries in different ways. For example, there are entire systems dedicated solely to process manufacturing. Process manufacturing software benefits are widespread but depend on the specific features included in a software tool. Factors such as the vendor you go with, functionality included in the program and your preparation before deployment will impact the degree of success that you get out of these systems. So, what are the benefits you could see in your business with the successful introduction of process manufacturing software? Let’s find out.

For manufacturing businesses, life is a sea of acronyms and abbreviations. From CRM to EAM, things can get murky pretty quickly, especially when the functions of so many systems overlap. MRP software (also referred to by some as manufacturing ERP software) is one tool that many manufacturers and distributors opt to purchase, mainly because of its focus on efficiency and productivity within the manufacturing realm. Material requirements planning is a valuable component that, like many other software solutions, is available both as a standalone solution or as a part of a full-blown enterprise resource planning (ERP) suite.

In your software search, you’ve likely come across both ERP and MRP. Many definitions of these software categories don’t include much differentiation between the two, which can make the process of choosing a system pretty confusing. Not to mention the fact that they are only one letter off from each other and that they both heavily deal with the manufacturing industry. Well, we’re here to alleviate some of that confusion by comparing MRP vs ERP. So, what exactly is the difference between an MRP system and ERP software? Let’s start with some definitions.

ERP software is an old dog that’s doing a pretty good job of learning new tricks. ERP systems were first introduced in the 1990s as an offshoot of MRP software. These systems have since become a widely used tool for businesses to assist in the automation of workflows and the centralization of data and functions. As a program that has been around for about 30 years, ERP is constantly working to adapt to changes in consumer habits. An ERP case study is an effective way to learn more about how modern advancements have impacted real businesses. In this research article, we will take a look at actual ERP implementation examples to see how recent innovation has boosted business.

Manufacturing is a business sector that involves a lot of moving pieces — literally. It’s a unique industry because any tiny mistake can have huge effects on how processes are conducted downstream. The purpose of ERP for manufacturing companies is to alleviate these issues by automating and consolidating workflows and tasks. In order to fully answer the question of “what is ERP manufacturing?”, we first need to explain and define ERP as the basis for the solutions that make up manufacturing ERP software.

The common phrase, “United we stand, divided we fall,” applies to more than just war movies and superhero TV shows. It’s also a great example of why ERP integration is key to running a successful business. By putting together multiple “best of breed” applications to build or fortify a near-custom ERP solution, your business can automate processes and increase revenue. So, what exactly is ERP software and what does integration mean in this context? In this article, we will explore these basic definitions along with looking at some of the benefits, pitfalls and challenges involved in ERP system integrations.

Postmodern ERP is a relatively new phrase in the IT lexicon. The term was created by Gartner to describe industry-wide changes in how companies implement and use ERP software. There is a difference between traditional and postmodern ERP models. In this article, we will explore what exactly post-modern ERP is, what some of the benefits of it are and what types of companies might especially thrive by using this software strategy.

Deciding which technologies your businesses should and shouldn’t invest in is difficult, to say the least. On the one hand, you want to be the one responsible for innovation and growth within your company. But you also don’t want to be the one to pull the trigger on a failed project. So, is an ERP software investment worth the risk? To find out, you need to weigh the benefits of ERP, specifically how ERP system advantages and disadvantages breakdown when compared against each other.

There’s a large number of available software solutions on the market for a wide range of processes. Whatever your business is, there’s likely already a software solution out there that meets the specific demands of your industry. One solution that companies of all sizes tend to purchase is ERP software. ERP stands for enterprise resource planning. But what exactly does this term mean, and how do ERP systems work? We’re glad you asked. Read on to learn more about what exactly ERP entails, basic features of the software, installation and implementation.

When you’re buying software, it’s important to keep in mind the various costs associated with implementing an ERP solution, in addition to the price of the license. Due to factors such as cost and scale, it is especially important to develop a specific ERP strategy for your business before you make the move to implement your solution. After all, you wouldn’t buy a house before having an inspection done or getting your financial affairs in order. It’s the same premise with ERP software.

ERP software contains a variety of features that vary from vendor to vendor. Some ERP features are pretty standard across the industry, but there are additional modules and add-ons available on a case-by-case basis that can assist your business with more specific needs. ERP contract management is one of these special features that can speed up manual workflows and increase revenue.

ERP software has a wide range of features and add-ons available from vendor to vendor. However, you don’t want to put the cart before the horse by looking at add-ons before locking down the main ERP components that you need present in your software. You wouldn’t go to a car dealership and start asking about customized rims before looking at features such as mileage and safety ratings. The same thinking applies to ERP systems.

Ultimately, ERP software is very modular and you can usually pick and choose which features you want to have present in your solution. We’ve created this list of six of the most commonly desired features to help you formulate an idea of some of the functions you might be interested in having for your business needs. But first…

With the global ERP software market expected to be worth $41.69 billion by the year 2020, the impact of these systems is evident. While that number is impressive, those who’ve never used the software may find it difficult to understand why ERP is important to their business. But as globalization squeezes the market for many industries, it’s essential to seek out any and all tools to give your business a competitive edge. For many companies, this is achieved through the use of ERP software.

In 2019 and beyond, the factors that drive organizations to compare cloud ERP (enterprise resource planning) systems often begin with a few strong focuses. In particular, product quality, production and process monitoring, an increased use of analytics and business intelligence (BI) applications and the need for greater mobility are becoming necessities for companies adopting new ERP software.