2.
In 1990, Gartner Group first used the acronym
ERP as an extension of material requirements
planning (MRP)
ERP systems experienced rapid growth in the
1990s, because the year 2000 problem and
introduction of the euro disrupted legacy
systems.
Many companies took the opportunity to
replace their old systems with ERP
3.
ERP software is designed to model and
automate many of the basic processes of a
company, from finance to the shop floor, with
the goal of integrating information across the
company and eliminating complex, expensive
links between the computer systems that
were never meant to talk to each other.
4.
ERP packages were targeted at the
manufacturing industry, and consisted mainly of
functions for planning and managing core
businesses such as sales
management, production
management, accounting and financial affairs
etc. However in recent years, adaptation not only
to the manufacturing industry, but also to diverse
types of industry has become possible and the
expansion of implementation and use has been
progressing on a global level.
7. 1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Business Integration
Better Analysis and Planning Capabilities
Use of latest Technology
Reduction of Lead Time
On-Time Shipment
Reduction in Cycle Time
Better Customer Satisfaction
Improved Supplier Performance
Increased Flexibility
Reduction in Quality Costs
Improved Resource Utility
Improved Information accuracy and decision-making capability