How do ERP system trends affect your qualifications?

1 Cloud-based ERP

One of the most significant trends in ERP systems is the shift to cloud-based solutions. Cloud-based ERP offers many benefits, such as lower costs, scalability, flexibility, security, and accessibility. However, it also poses some challenges, such as integration, customization, data migration, and compliance. To work with cloud-based ERP, you need to have a solid understanding of cloud computing concepts, such as software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). You also need to be familiar with the specific features and functions of the cloud-based ERP system you are using, such as Oracle Cloud ERP, SAP S/4HANA Cloud, or Microsoft Dynamics 365.

2 Artificial intelligence and machine learning

Another major trend in ERP systems is the integration of artificial intelligence (AI) and machine learning (ML) capabilities. AI and ML can help ERP systems automate tasks, optimize processes, generate insights, and improve decision-making. For example, AI and ML can help with demand forecasting, inventory management, quality control, customer service, and fraud detection. To leverage AI and ML in ERP systems, you need to have a basic knowledge of how these technologies work and how they can be applied to different business scenarios. You also need to have some analytical and problem-solving skills to interpret the results and recommendations of AI and ML models.

3 Internet of things and blockchain

Another emerging trend in ERP systems is the use of internet of things (IoT) and blockchain technologies. IoT refers to the network of connected devices and sensors that collect and exchange data. Blockchain refers to the distributed ledger system that records and verifies transactions. Both IoT and blockchain can enhance ERP systems by providing real-time data, improving traceability, increasing efficiency, and reducing risks. For example, IoT and blockchain can help with supply chain management, asset tracking, quality assurance, and compliance. To work with IoT and blockchain in ERP systems, you need to have a general awareness of how these technologies operate and how they can be integrated with ERP systems. You also need to have some technical skills, such as programming, data analysis, and cryptography.

5 ERP certifications and qualifications

As you can see, ERP system trends affect your qualifications in various ways. To keep up with these trends, you need to update your skills and knowledge regularly and demonstrate your competence and credibility. One of the ways to do that is to obtain relevant ERP certifications and qualifications. ERP certifications and qualifications are credentials that validate your expertise and experience in specific ERP systems or domains. They can help you stand out from the crowd, boost your career prospects, and increase your earning potential. Some examples of ERP certifications and qualifications are SAP Certified Application Associate, Oracle Cloud ERP Certified Implementation Specialist, Microsoft Dynamics 365 Fundamentals, and Certified in Production and Inventory Management.