ERP Systems are now AI-Powered!
FREMONT, CA: Enterprise Resource Planning (ERP) is gaining popularity, even among small businesses. However, as ERP adoption is saturating the market, firms are heading to the intelligent AI-enabled ERP as the new technological standards.
Conventionally, ERPs were associated with the material requirement planning (MRP) systems that were dedicated to the manufacturing units. However, modern ERP systems are transformed beyond recognition. It has permeated to industries beyond marketing such as healthcare, financial services, or food and agriculture.
Here are some of the capabilities of ERP systems:
The Ubiquity of ERP systems
Businesses across the verticals are adopting ERP applications to enhance their processes. Even the smallest of the businesses are adopting ERP systems to automate their back-end business processes. But the large organizations with multi-unit supply chains are the primary adopter of the ERP systems mainly because ERP inherently offers integration of various functions for synchronized and coordinated operation.
Maximizes Process Efficiency
ERP systems encourage the automation of various back office processes without any manual requirement for data entry. It also eliminates the need for manual effort for computational tasks, thereby removing the possibility of errors.
Ensures Greater Agility
With ERP systems streamlining the business processes, organizations are becoming more agile. They are getting better at sensing changes in the market and incorporating responsive measures to those changes. An integrated ERP system allows the businesses to significant market insights and trends such as changes in product demands and act accordingly. However, most of the ERP systems, despite providing numerous functionalities require manual intervention.
Intelligent Data Processing
ERP systems have access to a massive amount of data. However, they are not capable of processing the entirety of data available to them. AI-powered ERP systems autonomously use data from different modules to undertake responsive measures with minimal human involvement. It can also perform predictive analysis and provides clarity in the decision-making process.
AI-Enabled ERP Systems
AI-driven technologies have already spread across the industry. AI-based applications are not only automating the routine works but also providing the businesses with invaluable business insights. Thus, its integration with the ERP systems can provide a gateway to multitudes of possibilities while fostering the degree of automation in the conventional ERP system.
Cloud ERP Vs On-premise ERP
Deacom Delivers New Ecommerce System for Process Manufacturers
By Chris Tjotjos, VP, Cisco Solutions Practice, Black Box...
By Laura Jackson, Sr. Manager-Risk Management, ABS Consulting
By Jason Cradit, VP of Information Systems, Willbros Group
By Steve Garske, Ph.D., Senior Vice President & Chief...
By Roman Trakhtenberg, CEO, Luxoft
By Renee P Wynn, CIO, NASA
By Mike Morris, CIO, Legends
By Louis Carr, Jr., CIO, Clark County
By Andrew Macaulay, CTO, Topgolf Entertainment Group
By Dominic Casserley, President and Deputy CEO, Willis...
By Dave Nelson, SVP-Portfolio Lead, Avanade, Inc.
By Michael Cross, SVP & CIO, CommScope Holding Company Inc.
By Pauly Comtois, VP DevOps, Hearst Business Media
By Dan Adam, CIO, Extreme Networks
By Matt Schlabig, CIO, Worthington Industries
By David Tamayo, CIO, DCS Corporation
By Scott Cardenas, CIO, City and County of Denver
By Marc Kermisch, VP & CIO, Red Wing Shoe Co.
By Brian Drozdowicz, VP, Digital Services, Siemens...
By Les Ottolenghi, EVP and CIO, Caesars Entertainment