The future of manufacturing ERP
Like any successful technology, enterprise resource planning (ERP) software is constantly undergoing innovation and evolving in terms of functionality. This is good news for manufacturing companies, where success is often dependent on staying ahead of the competition by adopting new technology and adapting to changes in the market.
Experts suggest that the future of ERP will involve a continuous development of deployments to single- or multi-tenant systems.
"There will be a segment of the market that will always want to have their hands on their system and not allow it to go someplace else, but I do think that will be a trend in this business as financial drivers in the industry continue to push back. Companies don't want to see that stuff on the capital side of the business. They prefer to see it built into the P&L where it belongs," said Dick Schultz, director of product marketing-manufacturing with an ERP solutions provider.
Businesses will also be dealing with growth initiatives. Manufacturers will spread themselves out to e-commerce, adopt mobile deployments of software and app functionality. The next generation of employees and leaders will be generating and consuming data in very different ways to what is currently built in to certain ERP systems.
Considering how critical ERP systems are to the manufacturing industry, it should come as no surprise that software solutions are constantly adding new capabilities. Experts suggest that manufacturers should expect a fast migration away from traditional global business models to a more vibrant and mobile business arena.
At Accent Software we are dedicated to providing customers with the most up-to-date ERP solutions available, such as Microsoft Dynamics NAV. If you are interested in learning more about manufacturing business software contact us today.