Enterprise Resource Planning (ERP) is a mission critical component of any business’ globalization strategy. ERP solutions automate the functions necessary to manage a wide range of local operations, from accounting to customer relationship management (CRM) to supply chain management (SCM). The information held within an ERP system is also the key to gaining visibility into accurate, consolidated information about the business and is the foundation of the key performance indicators (KPIs) necessary to achieve corporate objectives. A well implemented ERP solution can also provide transactional interoperability. Businesses have a variety of strategies to select from when implementing ERP systems across their global organizations; each business unit or division can choose its own solution, the entire business can consolidate on a single ERP solution, or the business can use one solution to centralize and standardize key operations while using a second standardized solution for select operations within the business units.

Leave a Reply

Your email address will not be published. Required fields are marked *