The world is continuously evolving and human technology is continuously evolving likewise. More often, the evolution of technology is so fast-paced nowadays that many of us sometimes feel that we could no longer cope with the quick and speedy evolution of technology. Right now, we could only gasp at the fast turnover of technological devices, and each week, we often hear of new devices and software that come out on the market.
Software explosion is definitely very apparent nowadays. At the turn of the 21st century, and after the development of the open-source platforms that paved the way for computer engineers to tinker with these open-source platforms and improve on them, software technology has never been the same again. Various industries benefited and continue to benefit from this software explosion. On the one hand, many industries were able to develop and enhance their existing technologies via the adaptation and employment of various software and apps.
On the other hand, businesses were able to maximize and optimize their existing management systems by employing the use of various ERP solutions that paved the way for a more efficient performance of their various business functions. Hence, the management of many business functions nowadays has become highly integrative and innovative at the same time. The once cumbersome performance of some business functions and processes like the product planning, manufacturing, service delivery, marketing, management of materials, inventory, and many other business functions were greatly improved and facilitated via the use of a highly integrative business management solution.
It is no longer unusual to see in most businesses, specifically, in those huge corporate businesses a centralized and highly integrative database wherein all the different business functions and the details of these different functions are readily viewable.
Why Do Businesses Need ERP?
As a business progresses and grows, it usually hires more people, and these people should be able to work together. As the business further expands, the business would generally have various business functions and processes that have to be consistently and meticulously monitored to ensure that these processes would run smoothly and efficiently.As mentioned above, the open-source platforms brought about the software explosions which eventually led to the development of various ERP systems. Since businesses have different functions and processes, each of these functions and processes has to be improved and enhanced.
This means that the performance of these processes and functions has to be innovated using the technological advancements of ERP’s system.If you are going to consider, for example, the supply chain aspect of a business, you would readily see that those who manage the supply chain of a business usually encounter various problems and issues, especially in the aspect of the efficiency of the movement of supplies. These issues and problems, however, can be solved via the use of supply chain software. This supply chain software is often integrated into the ERP software solutions for most businesses, enabling the business managers to have an immediate view of the different transactions and processes that are going on in the supply chain command.