The last trend I have to look at in IS in ERP. Enterprise Resource Planning, also known as ERP, is a management tool to integrate all departments and functions across a company onto a single computer system that meets company needs. It is is becoming a business tool more companies are employing to help them manage resources and information.
An integrated enterprise resource planning approach will have a tremendous financial and time savings if the organization installs the ERP software correctly.
Here is an ERP example: Without ERP, a customer places an order, that order begins an order taker creating a mostly paper-based journey from sales to billing to shipping. Frequently, company employees have to re-enter data about that order at the various stops. This inefficiency leads to time delays, input errors and higher labor costs. A fully integrated ERP system allows all departments access to the order and coordinates the process at each step along the way.
The wave of the future is enterprise resource planning – and you can’t afford to not dip your toes in the water. Your competition already has.