Erp Material
The gartner group first used the acronym erp in the 1990s to include the capabilities of material requirements planning mrp and the later manufacturing resource planning mrp ii as well as computer integrated manufacturing without replacing these terms erp came to represent a larger whole that reflected the evolution of application integration beyond manufacturing.
Erp material. When it comes to manufacturing technology the terms erp and mrp inevitably come to mind. Material requirements planning software only focuses on manufacturing whereas erp contains a range of solutions meant to ease diverse business processes such as accounting and hr. Each have their own advantages use cases and even disadvantages. What is enterprise resource planning erp.
Enterprise resource planning erp is a process used by companies to manage and integrate the important parts of their businesses. Spectrum erp material management module has components such as material requirement planning pre procurement sub contracting procurement inventory administration in plant materials movement warehouse management quality control budget control etc. The 2020 erp study guide sets forth primary topics and readings that form the curriculum for the erp exam. An ideal erp acts as a material requirement planning software bringing to the system numerous benefits such as better material control inventory optimization increased material quality cost reduction improved handling of materials timely availability of materials in right quantity enhanced productivity improved relationship with the suppliers and better cash flow management among others.
Components of spectrum erp material management module. Welcome to the sap erp materials management main wiki page. However enterprise resource planning erp and material requirements planning mrp are two very different systems. The two acronyms sound so similar that they are often mistaken as being the same thing.
Mrp is a crucial component of erp but depending on a company s needs it might not be the most critical process in the suite. The erp curriculum is reviewed annually by garp s energy oversight committee eoc and revised to ensure that the erp exam remains a valid assessment of the fundamental knowledge and skills necessary to identify evaluate and manage risk in the energy industry.