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Postmodern ERP
Postmodern ERP is a term that describes a collection of standalone software that forms an enterprise resource planning (ERP) system. Traditionally, ERP software is a suite provided by a single vendor. An ERP improves operational and administrative functions such as finance, HR, purchasing, manufacturing, and distribution. The postmodern apprach enhances this by aligning business flexibility with vendor product integration. Companies looks to integrate the applications that best suit their business without worrying about the limitations of a single vendor.
What Small and Midsize Businesses Need to Know About Postmodern ERP
Postmodern ERP (enterprise resource planning) is popular with larger businesses, but SMBs can also use this strategy. It includes finding the best applications for a specific business and replacing some bundled apps with those outside their ERP suite. Companies can also use multiple ERP suites from different vendors or skip using an ERP system and choose the individual best-of-breed software options that fits the company’s needs.
Related terms
- Procurement
- Bill of Materials (BOM)
- Advanced Driver Assistance Systems (ADAS)
- Smart Factory
- Strategic Sourcing
- Value-Added Reseller (VAR)
- Telematics
- Supply Chain
- Vendor
- Enterprise Resource Planning (ERP)
- Supply Chain Planning (SCP)
- Scanner
- SCADA (Supervisory Control and Data Acquisition)
- Total Quality Management (TQM)
- Vendor Management
- Senpai
- Radio-frequency Identification (RFID)
- Loopback
- Total Cost of Ownership (TCO)
- Electro Mobility (e-Mobility)