When the term “enterprise resource planning” (ERP) was introduced, it applied primarily to the planning and management of resources needed to manufacture goods. Today, however, most business decision makers realize that their enterprises rely upon resources, and that planning is essential to optimize how those resources are acquired, allocated, and used. Learn how the definition of ERP has evolved, and what it means today.
what are advantages of oracle
for profit,' which is what companies doing traditional ERP are really looking for but all too frequently cannot find. From a slightly more technically focused perspective, ERP (formerly called MRP [for manufacturing resource planning ] is about bringing standalone databases together, said Focus contributor Rick Rude. From a financial perspective it would be bringing Accounting & Finance and pulling in Payroll, Mr. Rude offered as an example. Historically, MRP was built for Manufacturing to track