What is ERP? • Enterprise Resource Planning is a system that integrates all departments and functions across a company onto a single computer system. • It will be able to serve all different departments’ particular needs.
Before ERP! • Companies programmed material planning through the use of Manufacturing Resource Planning (MRP). • Financial dispensing through payroll and general ledger. • MRPII incorporated business behavior to a general framework
INTERNAL ERP It is not an easy task to employ this software. Most ERPs are pre-constructed making less of procedural settings to be made by the customer. OUTSOURCING Outsourcing is when one company offers services to another company. Some ERP product provider offer outsourcing to companies using this software. Ways of applying ERP.
Major ERP Companies • SAP • People Soft • J.D Edwards • BAAN • Oracles
Why Businesses use ERP? • To Incorporate Financial Information. • To Integrate Customer Order Information • Regulate and Speed up Manufacturing Processes. • Reduce Inventory • Regulate Human Resources Information.
The Trends of ERP • Integrated information architecture makes business performance better • Disposal of legacy software because of demand of e-commerce. • Explosive growth of the internet.
Trends of ERP • Companies put more significance on the use of IT • Companies invest in a more full bodied enterprise architecture. • Rapid improvement in computer and software technologies.