Enterprise Resource Planning (ERP) is technology that can unify many systems within a company that are not currently connected, including product planning, purchasing, production planning, manufacturing or service delivery, HR, IT support, materials and inventory management, shipping and finance, among others. Benefits of system unification include cost-efficiency, improved collaboration and agility as well as increased access to better data needed for key decision-making.
ERP has evolved out of the Material Requirements Planning (MRP) process over the years and continues to change as our ecosystem becomes even more digitally connected. In fact, a recent article by Supply & Demand Chain Executive examines three key trends impacting ERP right now.
Want to learn even more? Get involved with the latest Hub ERP Users Group, meeting for the first time on May 23! Two of our local experts, Stacey Moon, Director at Parr Instruments, and RK Vilayannur, VP at Yash Technologies, are combining their deep knowledge in this arena to provide this overview of the key elements of ERP. Sign up here.