Enterprise:

A unit of economic organization or activity.

Resource:
An ability to meet and handle a situation.

Planning:
The establishment of goals, policies, and
procedures for a social or economic unit.

Source: Merriam-Webster
MRP was developed in the 1970s as a mechanism
for manufacturing companies to calculate more
precisely what materials they required, at what
time and in what optimum quantities.

MRP (Manufacture Resource Planning) is more

focused on planning for use of materials required to
produce a business product, whereas ERP
(Enterprise Resource Planning) takes in the whole
ecosphere of a business not just the manufacturing
components, areas such as finance, HR, workforce,
and property are all parts of an ERP system.
 Information?

Production
4
ERP System:
….because it is a company-wide, cross-
functional, tool, that helps a business,
or a company, to
be successful
in its operations.
• A set of integrated
software modules for
supporting all of an
enterprise’s processes
in real-time.

• Sales, Production,
Logistics, Purchasing,
Accounting, and
Human Resources
share relevant
information with each
other as needed.
• Uses programs (modules)
are software to manage
info in every area of the
business.
• Uses common databases
and shared management
reporting tools.
• Uses integration to
streamline processes that
occur in real-time.
• It breaks down the walls and
barriers within a company.

Too, it removes the obstacles that

can be related to a differences in
geographical locations of external
resources. Internally and externally.
 Expected Sales
1st Quarter 2012
6

4
ERP’s information is very visible
and up to the second. 2

0
Examples: Inventory Mgmt.,
Financial Status, Hiring
Training, Customer Credit
Real-Time Processing
Transactions are
processed efficiently
and quickly
 Enter Shipping
transaction
The time that it takes for
information to be
delivered within an Relational Database
integrated system from stores raw data
the resource to the
target is instant! Data is
instantly
available
 Sales

Account &
Finance

Materials Mgmt. Production Mgmt.

Epicor Modules are Packaged, Pre-Written, Programs (logic)
that execute in the background when transactions are
performed.

• Sales Management
• Quotes
• Sales Orders
• Production Management
• Jobs/MRP/Scheduling
• Materials Management
• Purchasing/Inventory
• Financial Management
• AR/AP/GL & Asset Management
• Quality Management
• Executive Dashboards
 Modules execute the business processes and can overlap
business functionalities and promote integration.
1) Otscon receives a RAN (ship request)
from customer.
2) Epicor imports the request and a sales
order is generated.
3) The transaction
initiates from the Sales
Module, and runs in the
background
4) Other modules, like Materials and Financial,
are called accordingly if the transaction includes
credit checking, and/or allocating inventory.

Summary: When a user in a functional area

runs a transaction it could use one or many
modules to process the business transaction.
ERP, while expensive to implement, if done correctly has a
high Return of Investment (ROI) due to its ability to
connect and share information with all parts of a business.