Info-Tech data indicates that 22% of manufacturers are planning to update core management software over the next 24 months. To attain this goal, IT leaders must understand both how ERP software for discrete manufacturers differs from other industries and who the major vendors are.
Discrete Manufacturing and ERP
The first ERP products were created for discrete manufacturers. They contain many features in common with ERP applications for other industries, notably:
- Financial management modules including general ledger, accounts payable, and accounts receivable.
- Fixed asset management for tracking physical assets and materials.
- Purchasing and inventory control modules.
- Human resource management modules for managing employee information and compensation.
