ERP, also known as Enterprise Resource Planning is the approach that almost all the businesses take in their pursuit of automating their business process and bring as much profit as possible.
ERP is not the first system that the company started to use. MRP-I and II have seen their days in the 1970s and 1980s era. From 1990 to 2010, ERP made its presence felt but is limited to a certain extent.
Now is the time to postmodern ERP solution. For businesses, it is an exciting time to operate as things are changing rapidly to compensate the drawback of ERP systems.
The term, "ERP" came into existence by Gartner in 1990. The reception was great, and many companies went forward with the idea, only to find themselves stuck. ERP is great but limiting in some ways. Market innovation is a never-ending process, and new ideas/concept/software will arrive to solve the problems.
The failure rate of ERP was an alarming factor too for innovators to look on a different path. No one wants to invest tons of money and find themselves stuck with a rusty ERP with limited functionality and little to no future scope.
Postmodern ERP changes a lot of things. Before we move on to discuss Postmodern ERP, let's understand the term in a better way.
According to Gartner, Postmodern ERP is a software-based solution that aims to deliver a better solution for administrative and operational capacities of business. The division of automation and level of integration is to bring more modularity so that it is easy to upgrade in the future with no dependency on any core module. The definition can be found here.
Should your business consider a postmodern ERP solution?
In other words, is it too early to judge your business process from the light of postmodern ERP? The answer lies in what your company is all about. How it functions and what are the challenges that you are going to face in the next ten years.
Using postmodern ERP means implementing their business process over the cloud and on-premise applications. It offers an enormous amount of flexibility and agility for the enterprise. Postmodern ERP is the next evolutionary step from ERP.
For businesses who are rapidly growing can consider postmodern ERP. It can provide them the necessary flexibility that they wanted for quite some time. Also using a postmodern ERP solution means using integrated systems capable of overhauling at any point in time. It is not necessary to reinstate the whole system and make a large investment.
The postmodern ERP. is also an excellent way to ensure the best ROI for the business.
What is the next course of action?
Again, there are tons of options available for a business who is looking to jump in the postmodern ERP bandwagon. The early adopters can set a trend for the industry to follow.
The Future of Postmodern ERP in 2016 and Beyond
The future looks bright. For companies that are using legacy ERP solutions, this is the right time to go for the postmodern ERP strategy because it will benefit them in the long run. The inclusion of cloud and the distribution of business processes into two different categories, administrative and operations, will make handling complex projects much better.
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