5 DISRUPTIVE TECHNOLOGIES FACING ERP
PREDICTIVE AND RESPONSIVE ANALYTICS
Many manufacturers currently struggle with managing lots of data , but don ’ t have much usable information . Advancements in predictive and responsive analytics will help manufacturers gain insights that they can use to proactively identify customer demand trends , financial and sales trends , and warn manufacturers proactively when supplies are running low or when machine maintenance needs to be performed . This will result in new and improved business processes and streamlined operations that are more efficient and cost effective .
Because updating ERP systems requires careful and extensive planning , it is never too early to start the process . It might one day however , it may be too late . Soon , huge , monolithic ERP systems will be replaced by much smaller and more agile ones and six or 12 month implementations will turn into days and weeks , cutting costs and creating a more customised , more efficient customer experience . Ultimately this will render all manufacturing companies with antiqued systems inadequate . So don ’ t get caught behind the curve - get ready for ERP systems to finally deliver on their promise .
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