ERP: the future of business automation

Shaikh, Zubair H.

ERP: the future of business automation - New Delhi Atlantic Publishers & Distributors Pvt. Ltd. 2013 - xiii, 183 p.

Description

It was in early seventies that the buzzword ERP (Enterprise Resource Planning) was first heard. ERP has originated from MRP (Material Requirements Planning) which is the fundamental aspect of production management, planning and control. Later it became MRP-II which included purchase, inventory, logistics and distribution. The significance of integrating MRP with finance, accounting, sales and distribution system was felt at an early stage, and the idea emerged as ERP software solution. Initially it was called IIS (Information Integrated System).

During the last one decade, many ERP software brands vanished from the market as they were unable to cope up with the rapid technological enhancements and regular change in business concepts. Those who continuously invested in upgrading their solutions have not only survived but also capitalized on the technological growth and were, later on, accredited, applauded and ranked by prominent international institutions/surveyors.

The current ERP market is vibrant and gradually growing. In recent years it has witnessed many mergers, demergers, acquisitions, arch-rivalries, bankruptcies, scams, competitions as well as associations. ERP or ERP-II or whatever name it is given, the fundamental concept of ERP will remain the same and the future business automation solution lies in ERP.

The book ERP: The Future of Business Automation explains the technicalities and functionalities of ERP solutions and illustrates different business scenarios to explain how ERP can be used as a tool for business automation. It also discusses in detail the reported problems and myths about ERP solutions. The book attempts to epitomize the ERP market in general and ERP software solutions in particular. It will be useful to companies planning for ERP solutions and prove equally beneficial to the students in management studies.

9788126910854


Management information systems
Business planning

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