Resource Planning – ERP Defined

Posted on November 13, 2009

As part of a look into operations management, this Resource defines and explores ERP and MRP. From the Resource:
What Is ERP?
- Software designed for organizing and managing business processes
- Modules share information across all business functions
- Can share customer sales data with the supply chain to help with global replenishment
- All modules are fully integrated and use a common database – some PC based
- and -
ERP Module Categories:
1) Finance and accounting
- Investment, cost, asset, capital, and debt management
- Budgets, profitability analysis, and performance reports
2) Sales and marketing
- Handles pricing, availability, orders, shipments, & billing
3) Production and materials management
- Process planning, BOM, product costing, ECN’s, MRP, allocates resources, schedules, PO’s, & inventory
4) Human resources
- Workforce planning, payroll & benefits, & org. charts

Link to Resource: Resource Planning | PowerPoint

Source: Dan Reid and Nada Sanders, Operations Management

Find more Resources like this in the following ERP System Buying Guide Section: What is ERP?


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