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Unit 1: ERP Overview
notes
figure 1.4: erp planning process
Enterprise Resource Planning is a term originally derived from manufacturing resource planning
(MRP II) that followed material requirements planning (MRP). MRP evolved into ERP when
“routings” became a major part of the software architecture and a company’s capacity planning
activity also became a part of the standard software activity. ERP systems typically handle the
manufacturing, logistics, distribution, inventory, shipping, invoicing, and accounting for a
company. Enterprise Resource Planning or ERP software can aid in the control of many business
activities, like sales, marketing, delivery, billing, production, inventory management, quality
management, and human resource management.
figure 1.5: current Business scenario
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