Enterprise Resource Planning ( Erp )

1415 Words6 Pages
Andrew Pindling
Dr. Seely
ITM 220
Project 3 – Research Paper Defined by Investopiedia.com,” Enterprise Resource Planning (ERP) is a process by which a company, usually a manufacturer, manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc. (Investopedia).Today, Enterprise Resource Planning (ERP) systems are extremely important, especially towards the Manufacturing Business. Looking back at the history of manufacturing solutions, the industry began with Manufacturing Resource Planning (MRP) systems that, similar to ERP systems, were used for enhancement and basic
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ERP has grown to become a fundamental part of the toolbox for manufacturers. ERP systems and the user experience continues to improve; users are provided with more intuitive navigation of the system they no longer have to have extensive knowledge to be able to use it. Ease of access is essential to a successful ERP as customer satisfaction is vital. Today’s ERP systems have advanced capabilities that not only allow a more complex interaction with real-time data, but a lot of that data is mobile, allowing individuals to use anytime, anywhere. Manufacturers today are moving beyond just product manufacturing by expanding into services to enhance their customer’s experience and to drive new revenue streams. Modern ERP systems give users access to real-time visibility into things like what phase their pizza is in and the distance away the delivery driver is from the customer’s home. All of this is possible today, and companies are making use of that real-time information on a daily basis. Supply chain visibility in modern ERP systems allow companies to look at real warehouse levels and predict where those levels need to be. Manufacturers can manage virtual warehouses to see what they’ll need for production and make sure that raw materials needed have been ordered and prepared. Parts can be assigned lot numbers and traced from source materials to the end user or customer. ERP systems have gotten much smarter and being able to tracking material
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