A Quick Guide to Enterprise Resource Planning

A term coined by Gartner in 1990, enterprise resource planning, or ERP, officially dates back to the 1960s. The concept originally centered on managing inventory in the manufacturing sector but expanded beyond that in the 1970s and 1980s.

ERP Integrates Business Processes

Enterprise resource planning uses software, such as the popular Mapix software, to integrate and streamline business processes. Software is used to track a company’s inventory, manage its orders, perform its accounting tasks, and even manage customer and employee information. This way, the software acts as a hub in which a person always has the information that he …