This document discusses the history and evolution of enterprise resource planning (ERP) systems from the 1960s to present. It defines ERP software as programs that help organizations manage day-to-day operations like accounting, procurement, project management, and supply chain operations. Popular ERP packages are mentioned, along with benefits like integrated processes, real-time data reporting, and communication between departments. SAP is discussed as a leading ERP provider, outlining its modules, benefits of use, and some disadvantages.

1. Enterprise Resource
Planning
BY VIKASH KUMAR

2. Evolution /History of ERP
• 1960’s - Systems Just for Inventory Control
• 1970’s - MRP – Material Requirement Planning (Inventory with
material planning & procurement), MMAS-Material Management and
Accounting System.
• 1980’s - MRP II – Manufacturing Resources Planning (Extended
MRP to shop floor & distribution Mgnt.)
• Mid 1990’s - ERP – Enterprise Resource Planning (Covering all the
activities of an Enterprise

3. Concept of ERP
Enterprise resource planning (ERP) refers to a
type of software that organizations use to manage
day-to-day business activities such as Production &
Planning Accounting, Procurement, Project
management, Risk management, Human resource
management and compliance, and supply chain
operations.

4. Some of the popular ERP accounting packages are being
mentioned here.
• SAP Business One.
• Sage 300.
• Microsoft Dynamics NAV.
• Epicor 9 (formerly Vantage)
• Microsoft Dynamics GP.
• Macola ES (Exact Software)
• Sage 100.
• Netsuite (updated 8/8/2016)

5. KEY TAKEAWAYS
•ERP software can integrate all of the processes needed to run a
company.
•ERP solutions have evolved over the years, and many are now
typically web-based applications that users can access remotely.
•Some benefits of ERP include the free flow of communication
between business areas, a single source of information, and
accurate, real-time data reporting.
•An ERP system can be ineffective if a company doesn't implement
it carefully.

6. ABOUT SAP ERP PACKAGE
• SAP stands for Systems Applications and Products in Data
Processing. SAP, by definition, is also the name of the ERP
(Enterprise Resource Planning) software as well as the name of the
company. SAP Software is a European multinational, founded in
1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira. They
develop software solutions for managing business operations and
customer relationships.
• >80% Fortune 500 Companies use SAP
• SAP is #1 in the ERP market. As of , SAP has more than 140,000
installations worldwide, over 25 industry-specific business solutions
and more than 12 million customers in 120 countries

7. Functional SAP ERP Modules:
• Human Resource Management (SAP HRM),
• Production Planning (SAP PP)
• Material Management (SAP MM)
• Plant Maintenace (SAP PM)
• Sales and Distribution (SAP SD)
• Project System (SAP PS)
• Financial Accounting and Controlling (SAP FICO)

8. Benefits of SAP ERP
• Save money and time
• Get instant access to real-time information.
• Make smarter and faster decisions based on data from the software’s
reporting tools.
• Share information across all business units and eliminate data
inconsistency with a single data source.
• Track all transitions across the organization from start to finish
• Avoids Duplication and Ensures Transparency
• Absolute Analysis and Forecasting

9. Disadvantages of SAP
•Expensive.
•Very Complex.
•Demands Highly Trained Staff.
•Lengthy Implementation Time.
•Forced change of Processes.
•Not Internet-ready
•SAP rolls out new versions every 6 month

10. Conclusion
• With technology evolving at breakneck speed, the business processes are also
increasing. This is where ERP solutions can help you out!
• The integration of ERP systems with your business can help you become more
agile and easily adapt to the constant changes. It is equally important for you to
keep updating the system to ensure you’re up-to-date with the latest trends.
• The best part about ERP systems is, its effective planning and strategy help you
enhance the efficiency of your business and ensure it sails smoothly!