It’s a wonder to be alive. Isn’t it? Technology has taken over human workforce everywhere.
Well on a brighter side I think it is good. Don’t take it so for granted, and acknowledge how easy life is because of automation.
A small Flashback
Before the revolution of the business world, merchants had to write down everything about their sales by hand in registers on daily basis. Well, I can imagine this must be time-consuming and hectic for them. There defiantly had difficulty to keep the accurate record of the products when stock came in. But this was what they could do.
Business owner needed a Spiderman
For business methods, an effective planning and controlling are required. With the automation of every manual work, the business task also requires some operative piece of computer software for error free and fast processing.
Evolution Started
First inventory control management system was designed by a team at Harvard University in 1930. It used punch cards to read the information and pass it to the inventory to bring out the product to the waiting customers.
MRP Era
Back in 1970’s business oriented software MRP was developed for material resource planning. It was designed to support the manufacturing process.
It is followed by an enhanced version named MRP II. But the MRPs were limited to material and manufacturing planning only. Other sectors like accounting, finance, marketing and human resource were deprived of its benefits.
MRP Drawbacks
MRP systems were large and costly. They main problem in MRP was the low integrity of data. For example, if there is an input error in bill or inventory data the output will be incorrect also.
Other errors include counting error, reporting errors, boxing and shipping output and system issues. Many businesses had to face the problem while implementing the ERP due to its complexities and limitations.
ERP A Savior
In 1990 the MRP was evolved to ERP. ERP covered all the inefficiencies of MRP systems. It delivered an integrated vision to the core business processes along with administrative areas. Legacy ERP systems may be full-featured but have a clumsy platform and were not user-friendly.
Today’s ERP solution contained a broader functionality and is able to adapt the changes and can embrace new technologies. They collect real-time information and identify meaning full data for the particular business operations.
Extended ERPs are developed from ERP, which is cross-functional and performs operation enterprise-wide. All business functions involved in manufacturing, production, inventory, marketing, customer management and administration are integrated into one system.
Latest cloud-based Customized ERP solution is built according to specific needs of the business. A system which is accurate, efficient and is exactly according to the business requirement has helped a lot to the enterprises to gain a competitive edge.
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