ERP Trends 2019-Key decision makers in companies across all industries are making plans for their ERP systems and budgets. ERP, or enterprise resource planning software, can help your business integrate procedures from many different departments, save time, reduce costs, and increase efficiency. Here are some ERP trends that you should watch out for in 2019.
- Additive Manufacturing
Additive manufacturing, also called 3D printing, is making creating large-scale, complex, high-volume products faster and less expensive. Manufacturing ERP systems will need to keep up with this trend. Business owners may need to upgrade to handle all the additional data involved in 3D printing.
- The Internet of Things
The Internet of Things (IoT) can make manufacturing and many other aspects of business more efficient. You can use smart equipment to automate many actions and cut costs. For example, you can set a smart thermostat to turn down or off automatically when a factory isn’t in use. This saves energy, reduces wear and tear for your HVAC system, and makes costly breakdowns less likely.
Sensors connected to the Internet can collect real-time data about the performance of the equipment on the factory floor, the productivity of your employees, and more. Connecting these IoT devices to your ERP will give you access to convenient summaries and help you make the right decisions. It also all helps all the parts of your business stay on the same page, avoid miscommunication, and save time on analyzing data.
- Mobility and Flexibility
Recently, businesses have been moving many types of software to the cloud, including ERPs. ERP migrations aren’t happening as quickly as customer relationship management (CRM), especially for smaller companies. However, cloud ERPs will become more popular as migration gets easier. This lets people in different locations communicate and get updates in real time. It also gives people the information they need to make profitable choices, expand their businesses, and adapt to changes in regulations, supply, or demand.