Trends In ERP Charles Ejike INFSY 489 Friday

Trends In ERP o o o There are four important trends that are defining

Improving Flexibility o Integration is a very important component of an Enterprise Planning System.

Embracing E-Business o o o Sales Force Automation. Customer Relationship Management. e-Procurement. Supply Chain

Reaching Out To New Users o o The Past: Only managers were responsible for

Adapting To The Internet o o The single most important force that is responsible

Source o 1. Tech. Update. COM. 4 Trends Shaping ERP. 2002. November 28, 2004.

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Trends In ERP Charles Ejike INFSY 489 Friday, January 21, 2022

Trends In ERP o o o There are four important trends that are defining the continuing evolution of Enterprise Resource Planning systems (ERP’s): A. Improvements in integration and flexibility. B. Extensions to E-Business applications. C. A wider reach to new users. D. The adoption of Internet technologies.

Improving Flexibility o Integration is a very important component of an Enterprise Planning System.

Embracing E-Business o o o Sales Force Automation. Customer Relationship Management. e-Procurement. Supply Chain Management. Business Intelligence.

Reaching Out To New Users o o The Past: Only managers were responsible for specific functions, such as finance or human resources. The Future: Companies have discovered that sharing information by utilizing their ERP systems can reduce costs and increase efficiency.

Adapting To The Internet o o The single most important force that is responsible for transforming Enterprise Resource Planning is the Internet. The Internet enjoys excellent potential an integration platform for two reasons: 1. It is widely available. 2. Many Internet-based technologies are based on open standards.

Source o 1. Tech. Update. COM. 4 Trends Shaping ERP. 2002. November 28, 2004. http: //www. techupdate. com/techupd ate/stories/main/0%2 C 14179%2 C 28 44338%2 C 00. html.