In today's ever-changing business world, external market forces are constantly shaking up organisations of all shapes and sizes. Organisations are turning to software modernisation initiatives to navigate these uncertainties and seize new opportunities, particularly with enterprise resource planning (ERP) projects.

For many manufacturers, especially subcontractors, the benefits of barcode scanning have already been witnessed at the inventory level. Barcode scanning enables effective inventory management and provides accurate information about employees’ work hours and the shop floor by tracking production progress and avoiding bottlenecks.

More and more manufacturers are adopting advanced technologies to gain more real-time insights into processes and the overall financial situation so they can make more informed decisions.

The TRG ERP Team’s project management prescriptive methods are a set of established processes and procedures that guide project teams in the planning, tracking, and execution of ERP projects.

Enterprise Resource Planning, or ERP, is software that is intended to tie together an entire organisation.

ERP accounts for the largest share of enterprise software spending. According to Gartner's Market Share, ERP software revenue increased globally by 11% from 2020 to 2021, reaching a total of $44.4 billion.

An Enterprise Resource Planning (ERP) system was built with the purpose of eliminating the redundant business process and ensuring the data flows smoothly across all functions and departments thus promoting interdepartmental collaboration.

In the previous article, we looked at major supply chain challenges faced by several manufacturing sub-verticals during the height of the pandemic. 

Within just two years, the COVID-19 pandemic has completely changed everything. How the world operates, our lives, everything just collapsed, and the effects of the pandemic have left countless people and businesses suffering.

Food and pharma businesses have to secure their processes and for doing so, they need to have a platform that is sustaining all these responsibilities. That is when GRC software jumps in.