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What is ERP- Enterprise Resource Planning?

April 26, 2017CRM customer relationship management Enterprise enterprise resource planning ERP erp software planning Resource

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What is ERP- Enterprise Resource Planning?

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What is ERP? is a common question even with ERP or Enterprise Resource Planning practitioners, this article goes over the evoluiton of the term and what an ERP system is intended to do for your organization. ERP which is an acronym for Enterprise Resource Planning has evolved from the large, enterprise-wide software development movement over the last thirty five years. The acronym ERP actually evolved from another acronym MRP, short for Material Requirement Planning or in some cases, Manufacturing Resource Planning. MRP originated in the early 80’s as a term that encapsulated the calculation of the entire materials requirement for a large company or enterprise. As companies moved to JIT, or just in time, inventory planning, and sales forecast became more dynamic, moving for annual forecasts to monthly and even weekly forecasts, demand for a new flexible system was required to manage company wide operations planning. The term Enterprise Resource Planning was coined by the large tech ana