Enterprise Resource Planning (ERP) Trends in 2020

7/24/20 10:30 AM

Enterprise Resource Planning (ERP) is the system and software that oversees the entirety of a manufacturing operation. ERP is an integrated management of main business processes that allow an individual to have thorough insight into all areas of an operation. As ERP has become an essential and integral function throughout the years, many manufacturers have found themselves stuck with outdated versions, such as in-house or legacy systems that attempt to manage production schedules.

Enterprise Resource Planning (ERP) Trends in 2020

For a substantial period of time, ERP software was slow to move and progress. While this was the case in the past, ERP has now been making moves through technological advancements, such as cloud and mobile ERP that allows you to have real-time data within an instant. As ERP continues to change and advance, you do not want to find yourself left in the dust as other manufacturing operations are moving forward. Therefore, we are going to take a look at some trends pertaining to enterprise resource planning (ERP) in 2020 and how they pertain to your operation.

Trends of Enterprise Resource Planning (ERP) in 2020

The trends pertaining to enterprise resource planning (ERP) in 2020 include the following:

  • Machine Integration – Direct machine integration, sometimes referred to as internet of things (IoT), pertains to the connectivity computers with machines and other aspects/potential equipment. This could include producing a sensor that is placed on manufacturing machines that tell the ERP software everything that is needs to know about the machine’s performance in real-time. The operations manager would then interpret the information and schedule any needed maintenance during off hours, which should increase equipment performance.
  • Artificial Intelligence – Artificial intelligence has been a consistent fear amongst workers within the manufacturing industry. The fear has been defined as computers and robots taking over jobs that humans used to be assigned to. While this has been true to a certain extent, artificial intelligence (AI) is a bit different due to the real goal of AI, which is simply to augment human activity as opposed to replace them. AI is definitely in the future for manufacturing – and it is coming fast.
  • Cloud ERP – Cloud ERP has taken over the ERP industry and is becoming far the most popular form of the software. Cloud ERP is eradicating their in-house systems and moving over to the cloud due to the many different advantageous that are associated with it. One of the most substantial benefits includes cost reduction, data security, and accessibility. If your operation is still utilizing in-house ERP, it may be time to start taking a look into the cloud.

A software that can easily be integrated with ERP software is PlanetTogether’s Advanced Planning and Scheduling (APS) Software. APS Software is a must for manufacturers that are seeking to take their operation to the next level in terms of operational efficiency and overall business process improvement.

Advanced Planning and Scheduling Software 

Advanced Planning and Scheduling (APS) software has become a must for modern-day manufacturing operations due to customer demand for increased product mix and fast delivery combined with downward cost pressures. APS can be quickly integrated with a ERP/MRP software to fill gaps where these system lack planning and scheduling flexibility and accuracy. Advanced Planning and Scheduling (APS) helps planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans.

  • Create optimized schedules balancing production efficiency and delivery performance
  • Maximize output on bottleneck resources to increase revenue
  • Synchronize supply with demand to reduce inventories
  • Provide company-wide visibility to capacity
  • Enable scenario data-driven decision making

Implementation of Advanced Planning and Scheduling (APS) software will take your manufacturing operations to the next level of production efficiency, taking advantage of the operational data you already have in your ERP.

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Topics: enterprise resource planning

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