1. Enterprise Resource Planning

3. Evolution of ERP Timeline System Description 1960s Inventory Mgmt & control It’s a combination of infr. tech, and bus processes of maintaining the appropriate level of stock in a warehouse. 1970s Material Req. Planning Utilizes s/w applications for scheduling production processes. 1980s MRP II Utilizes S/w applications for coordinating mfg processes. 1990s Enterprise Resource Planning Uses multi module application s/w foe improving the performance of internal bus, processes.

5. Cross functional approach of ERP Customer/ Employee Production Planning Integrated Logistics Accounting and Finance Sales, Distribution, order Management Human Resources

7. CORE & EXTENDED COMPONENTS OF ERP Enterprise Resource Planning S/W Accounting & FINANCE Production & Materials Management Human Resource Business Intelligence Customer Relationship Management Supply Chain Management E- Business Core ERP Components Extended ERP Components

16. Why ERP is Important in a company?

20. Risks of ERP