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Need For ERP And Its Evolution PDF  | Print |  E-mail
Written by <a href='/my-erp/profile.html?userid=96'>joe</a>   
Thursday, 15 January 2009 11:48

Most organizations across the world have realized that in a rapidly changing environment, it is impossible to create and maintain a custom designed software package which will cater to all their requirements and also be completely up-to-date. Realizing the requirement of user organizations some of the leading software companies have designed Enterprise Resource Planning software which will offer an integrated software solution to all the functions of an organization

Need for ERP Most organizations across the world have realized that in a rapidly changing environment, it is impossible to create and maintain a custom designed software package which will cater to all their requirements and also be completely up-to-date. Realizing the requirement of user organizations some of the leading software companies have designed Enterprise Resource Planning software which will offer an integrated software solution to all the functions of an organization.

Evolution of ERP In the ever growing business environment the following demands are placed on the industry : o Aggressive Cost control initiatives

o Need to analyze costs / revenues on a product or customer basis

o Flexibility to respond to changing business requirements o More informed management decision making

o Changes in ways of doing business Difficulty in getting accurate data, timely information and improper interface of the complex natured business functions have been identified as the hurdles in the growth of any business. Time and again depending upon the velocity of the growing business needs, one or the other applications and planning systems have been introduced into the business world for crossing these hurdles and for achieving the required growth.They are: o Management Information Systems (MIS)

o Integrated Information Systems (IIS)

o Executive Information Systems (EIS)

o Corporate Information Systems (CIS)

o Enterprise Wide Systems (EWS)

o Material Resource Planning (MRP)

o Manufacturing Resource Planning (MRP II)

o Money Resource Planning (MRP III)

Written by :
joe
 
Last Updated on Tuesday, 26 May 2009 10:23