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The history of ERP systems commenced with material requirements planning

The history of ERP systems commenced with material requirements planning (MRP) systems in the 1960s, that helped manufacturers manage raw materials procurement and delivery to the production facilities, so they could better plan production runs.

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The history of ERP systems commenced with material requirements planning

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  1. The history of ERP systems commenced with material requirements planning (MRP) systems in the 1960s, that helped manufacturers manage raw materials procurement and delivery to the production facilities, so they could better plan production runs. The ‘80s saw the emergence of the first manufacturing resource planning (MRP II) systems that supported manufacturing processes beyond inventory and raw materials procurement. Sometime in 1990, Gartner used the term enterprise resource planning - where many businesses were utilizing these systems to increase the efficiency of their entire operations. The year 2000 saw the emergence of ERP II - internet-enabled systems that could pull data from other internal business applications as well as integrate with system of customers and vendors to drive process level collaboration. ERP software are now considered as the foundation for digital transformation. The future ERP, including Cloud ERP, will be embedded with emerging technologies like analytics, IoT and AI to support new processes, business models and controls & validations. We perceive about 15 trends in the ERP in 2022: Resource: https://www.itbirbal.com/blog/erp-fundamentals-in-2022-what-is- it-how-does-it-work

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