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Hina Shaikh Sufyan Faridi Vicky Chohan Yasir Khateeb Juzer

Enterprise Resource Planning (ERP) is a strategic tool which helps an organization to gain an edge over its competitors in successfully integrating its key business operations, synchronizing, planning and optimizing the resources available in the current competitive environment.

Future Trends In ERP

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Mobile applications

Web-based ERP
Cloud Computing

Future Trends In ERP

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New channels

New Markets
Package form

1. Cloud Computing
Cloud computing is a technology that uses the internet and central remote servers to maintain data and applications.

Cloud computing uses a shared data-centre from which you pick all the ERP software you want. You log in, run your business and only pay for what you use. This way software becomes a service. A very interesting service for Small and Medium enterprises, because now you can also use the best ERP software via the cloud

ERP Cloud Computing


ERP cloud computing is the most economical way to manage enterprise solution based IT services. No wonder it is gaining more acceptance and popularity day by day.

2. Web Based ERP


Web-based ERP simplifies back-office process automation for mid-sized and growing business. It provides real-time information about finance, order management, purchase, inventory, employee management, ecommerce and much more.

Advantages of Web-based ERP


No Client Installation
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Easy remote maintenance

Time and location free:

Access from Anywhere

Easy to use:
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Everybody knows browser and internet

3. Mobile Applications
Todays ERP systems are designed to push information to you, as opposed to you sifting through mountains of reports to find what you need. For example, a CEO or CFO can have key performance indicators (KPIs) on their iPad, Android, iPhone or other mobile phone.

Now more focus is being made on the package form of softwares rather than providing separate data base, ERP and a separate CRM module to making the software in a complete package.

As larger enterprises become saturated with new-generation client/server ERP systems, vendors are being forced to find new markets for their product suites in order to grow.

New local companies like Lumen Soft form Lahore has taken over the market rapidly acquiring the ERP setup of some of the leading stores in Pakistan including Junaid Jamshed, Chase stores Hardees etc.

As all the vendors being forced to market their product in the world of small business, they made their software products more affordable by lowering the prices for each module and by ramping up the total costs by basing price on user licenses

Oracle is offering software for middle market from companies such as platinum software and great plains software. JD Edward provides less expensive versions of the One World suit.

ERP vendors have thus begun to focus their effort on making the implementation process easier by: 1 2 3
Providing more effective tools Better methodologies

Creating elite consulting teams

Accelerated SAP (ASAP) is a program introduced by SAP. This program takes the knowledge gained from R/3 implementations and consolidates this expertise in a product called the Business engineer. This helps to configure the SAP modules to confirm to the processing style of same 100 business operating scenarios. This methodology reduces SAP implementation tim e to less than six months in many cases.

Conclusion
Enterprise systems are evolving because organizations are changing. To know what the future of ERP holds, one must look to the changing environment of business and changing business needs. Systems will evolve to meet the business needs. Based on current trends, these will be increasingly inter- organizational and global. Global supply chains mean inter-organizational systems that span different cultures and countries. That will bring even greater challenges due to cultural differences, legal issues, and more.

THANK YOU

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