Enterprise resource planning (ERP) software is a core system for mid-sized businesses and above in many industries, particularly those with manufacturing and inventory management requirements. Here’s a quick overview of some important ERP benefits that your business can achieve.
Product companies are facing significant challenges. Complex global supply chains have become the norm. Social data has changed the way people communicate. Supply chain velocity has exploded. Shorter order runs, compressed innovation cycles, faster decision making, on the spot judgment calls: companies have no choice but to move faster.
Most companies understand that cloud services can save money and provide good service levels. Nucleus Research found that cloud applications deliver 1.7 times more ROI than on-premise applications. So if you haven’t moved your ERP to the cloud yet, it’s for reasons other than ROI. But three other strategic capabilities should get you thinking: the ability to collaborate, greater operational agility, and deeper visibility.
