Modern Cloud ERP Is Ruining ERP's Scary Reputation!

“Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. In this discussion, Wayne and I talk about how modern ERP has changed, and if the board and C-Suite executives are not aligned with you through thick and thin, things will go badly.Wayne talks about how the scariest three letter word in the English language is ERP (enterprise resource planning). He talks to board members and C-Suite executives about ERP, and he listens to them when they say it’s going to cost more, it’s not going to work, and it’s going to take forever. But that’s not the case. You can get an ERP in the cloud for a fraction of the cost.In his final thoughts, Wayne discusses how if you’ve got a typical 20-year old software suite that’s discombobulated and disconnected – and half your business runs on Excel spreadsheets, you’ve got a problem. Modern ERP has all the resources for AI, IoT, mixed reality, drones, sensors, edge computing, and advanced analytics – and you should use them!Also in this episode:· Chesterton’s Fence: Never take a fence down until you know why it was put up· You want a person who has the scars and the gray hair· IBM coined the term material requirements planning (MRP), which begat ERP See acast.com/privacy for privacy and opt-out information.