ERP first developed as a form of inventory control and later grew to link disparate bodies of information together from across the enterprise. Now, ERP enhancements include SCM, CRM, and e-commerce features, just to name a few. However, where is this technology going? What does it mean now?
This is the first installment of Back to the Basics , an intermittent series that will unearth the core definitions of buzzwords and key application systems, and chart their evolution. Understanding their evolution is essential to knowing their current use, future developments, and upcoming trends—and more importantly, for making informed decisions. Enterprise resource planning : noun . An accounting-oriented information system for identifying and planning the enterprise-wide resources needed to take,