Hi Selva,
Adding on to what has been shared earlier,
Starting in the late 1980s and the beginning of the 1990s new software systems known in the industry as enterprise resource planning (ERP) systems have surfaced in the market targeting mainly large complex business organizations. These complex, expensive, powerful, proprietary systems are offthe-
shelf solutions requiring consultants to tailor and implement them based on the companyu2019s requirements. In many cases they force companies to reengineer their business processes to accommodate the logic of the software modules for streamlining data flow throughout the organization. These software solutions, unlike the old, traditional in-house-designed companyspecific systems, are integrated multi-module commercial packages suitable for tailoring and adding u201Cadd-onsu201D as and when required. Before ERP there were system such as MRP-1 and MRP-2. ERP as such itself is a generic term and you can find many ERP systems in the market such as SAP, Oracle, Peoplesoft, Microsoft Dynamics etc.
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SAP was founded in 1972 in Walldorf, Germany. It stands for Systems, Applications and Products in Data Processing. Over the years, it has grown and evolved to become the world premier provider of client/server business solutions for which it is so well known today. The SAP R/3 enterprise application suite for open client/server systems has established a new standards for providing business information management solutions.
SAP product are consider excellent but not perfect. The main problems with software product is that it can never be perfect.
The main advantage of using SAP as your company ERP system is that SAP have a very high level of integration among its individual applications which guarantee consistency of data throughout the system and the company itself.
Hope this helps you.
Rgds
Manish
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