Friday, 26 September 2014

A Brief History of Enterprise Resource Planning

History of Enterprise Resource Planning (ERP)

1960 - In this time, the concept applied is for inventory management and to control the manufacture sector. The software engineer develop the program to monitor inventory, reconcile balance and report the status

1970 -  This had evolved into Material Requirements Planning (MRP) systems for scheduling production processes

1980 -  The MRP expand to encompass more manufacturing processes, this make many people call it as MRP-II or Manufacturing Resource Planning

1990 - The system is been expand beyond inventory control and other operational processes to other back office functions like accounting and human resources, setting the stage for ERP. The term of ERP is create by Gartner

Today -  Has expanded to encompass business intelligence (BI) while also handling "front-office" functions such as sales force automation (SFA), marketing automation and ecommerce


Although the 'e' in ERP means enterprise but many high-growth or mid-size companies are now rapidly adopt the ERP system.





2 comments:

  1. ie what is your understanding of an ERP system.. what functionalities should be in an ERP?

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  2. The two articles that u wrote should be enough for you to write the definition of an ERP system according to your understanding..

    ReplyDelete