More than just transaction management: What the future holds for ERP
2 Apr 20255 min read
Summary
- As AI investments in Asia-Pacific rise toward USD 90.7 billion by 2027, ERP systems are evolving from process management tools to enablers of agile, data-driven supply chains. For manufacturers like Plassein Industry, ERP platforms such as Epicor improve operational visibility, production planning, and customer responsiveness.
- The integration of AI into ERP relies on strong data management and governance. High-quality, secure data enables reliable insights and predictive analytics, while safeguarding sensitive business information from cybersecurity risks. Data lakes are emerging as a critical foundation for this transformation.
- By consolidating large volumes of structured and unstructured data, private data lakes enhance scalability, compliance, and AI readiness. When paired with AI-driven analytics, ERP systems can boost efficiency, collaboration, and innovation—unlocking new value and resilience across the enterprise.
Enterprise resource planning (ERP) is a foundational tool for many organisations. Just earlier this year, Forbes reported that 95% of companies surveyed found that ERP had improved business processes. Now, with artificial intelligence (AI) budgets ramping up – IDC, for example, forecasts spending in the Asia-Pacific to reach USD90.7 billion by 2027 – ERP’s value in enabling more agile supply chain management could be multiplied manifold.
For example, Plassein Industry Sdn Bhd is a Malaysian plastic injection moulding manufacturer who produces products for the OEM and aftermarket industries, with the majority of their manufacturing on a ‘make-to-order’ basis. For manufacturers like Plassein Industry, an ERP system is critical to streamline customers’ demand, supply chain costs, manage raw material sourcing – while maintaining lean inventory holdings, aligning lead times for efficient production planning, and reduced product lead times for customers. As Stella Thean, Sales Manager of Plassein Industry, stated, “Epicor is very important to Plassein Industry and the customers we serve. Our business functions more effectively with Epicor providing us with good visibility of our operations.”
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