The term ERP (Enterprise Resource planning) was first used in the 1990s by the Gartner Group, but have their roots deep in the manufacturing industry, from 1960, during that time manufacturers required a more advanced way to manage, track, and control their inventory. For that, they used MRPs (Material Requirements Planning ) to meet their needs. In the 1990s the ERP systems came into use.
Today’s ERPs are more advanced and extremely flexible systems that can connect every department and all aspects of your business in one place, handling “front-office” functions such as sales force automation, marketing automation, and e-commerce, also provide you a strong, real-time tool that runs a single, shared database of information, which can be accessed by every department in an organization.
Before ERP
After ERP
To get the benefits of an ERP you definitely don’t need to be a big company, As a small- to the mid-sized manufacturer, you will realize the same advantages that large scale organizations do, ERPs will help you to transform your organization and will save your time and money, by reducing operational costs and increasing your efficiency. You will also have the added benefits which would help you to grow your business
ERP software collects and compares data across departments and provides a number of different reports based on roles or specific user preferences. The data collected makes finding and reporting on data faster and gives a complete view of business performance with complete insights on how resources are being spent.
In the upcoming years, the demand for the ERP will increase, the one who never used the software may not be able to understand the importance of ERP. But, it’s essential to hunt for all tools to give your business a competitive edge, which can be achieved through ERP.
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