Everything needs love – even your ERP. After all, it’s among your most important IT assets. And no – I’m not being facetious. In some respects, your ERP is no different from a child. It needs to change, it needs to grow, and it needs to be looked after.
The Food and Agriculture Organization of the United Nations (FAO) estimates that the global volume of edible food wastage is as much as 1.6 billion tons.
It’s a mind-boggling statistic if you consider that this equates to roughly one-third of all food produced for human consumption. This means that hunger across the globe could effectively be eradicated simply by recovering only half of what is lost or wasted.
Scalability is a bit of a buzz word these days. Some experts struggle to find a consistent definition, but it remains an important concept for understanding the growth-related characteristics of businesses, and of the systems, such as ERP, that support them.