1. ERP
... components and other raw material planning and procurement. This system was involved mainly in planning the raw material requirements. Then, in 1980's came the concept of MRP-II (Manufacturing Resource Planning) which involved optimizing the entire plant production process. Though MRP-II, in the beginning was an extension of MRP to include shop floor and distribution management activities, during ... and scheduling (APS), business intelligence (BI), and e-business capabilities As Gartner explains, "ERP systems are used to integrate and optimize an organization's internal manufacturing, f...
- Word Count: 2315
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate