Whether your organization is looking to take the leap into an enterprise resource planning (ERP) system for the first time or seeking to add to the current ERP system’s functionality, the words of the Bard of Avon (updated for the present day) might be considered before making your decision. No longer does an organization have to be bound to a one-size-fits-all ERP solution. One can pick and choose from the best of the best from ERP component vendors to fit their needs.
When you look at an ERP system, it can be viewed as a set of functional component modules that, when put together, provide the entire suite of enterprise functionality needed by your organization. A high-level view of an ERP system broken down into its composite application modules might look like this: the functional modules of financials, human capital management, customer relationship management, transportation management, manufacturing management, and inventory management.
Read Full Article
Keywords: supply chain, supply chain management, supply chain solutions, ERP functional modules, pick-and-choose ERP systems modules