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Enterprise Resource Planning

notes systems providers in preparation for this push are described. The unit concludes that the growth
and success of ERP adoption and development in the new millennium will depend on the legacy
ERP system’s capability of extending to Customer Relationship Management (CRM), Supply
Chain Management (SCM) and other extended modules, and integration with the Internet-
enabled applications.

1.1 introduction to erp

Today, Enterprise Resource Planning (ERP) systems have come to signify a never-before
opportunity for organisations to gain a clear edge over their competitors. In order to compete
and grow, many organisations in India either have already implemented or are at the threshold
of acquiring ERP systems.
1. ERP is a high-end sophisticated software solution that reduces the pressure and workload
of the managers and provides accurate, timely information for taking appropriate business
decisions.
2. Enterprise Resource Planning is the latest high end solution that information technology
has lent to business application.

Information technology has transformed the way we live in and the way we do business. Since
the last decade, IT has made a drastic change in our life. As compared to earlier stage, when
computer was used just as a typewriter, nowadays users have become more intelligent and IT
literate. Now the user knows that a PC can do many more things rather then just typing a letter
in a word processing software or making balance sheets in Excel. They expect more things out
of their PC. During this phase of industry, every one of us must have heard the word ERP in
one or the other form. It may be in the title of any IT magazine or may be a point of discussion
in any IT Seminar or may be in an advertisement of big IT Company. Thus in any form, we all
have been through this word. In fact, ERP software consists of multiple software modules that
integrate activities across functional departments - from production planning, parts purchasing,
inventory control and product distribution to order tracking. Most ERP software systems include
application modules to support common business activities like finance, accounting and human
resources.

figure 1.1: planning for erp

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