The origin of the term “ERP” can be traced back to Gartner, a globally renowned research and advisory company. In the early 1990s, Gartner introduced the concept of ERP as a response to the evolving needs of businesses. Organizations were beginning to realize the inefficiencies of using disparate software systems that were incapable of communicating or sharing data effectively. The term “Enterprise Resource Planning” was coined to describe a new breed of software systems that aimed to address these challenges by providing a centralized platform for managing an enterprise’s resources comprehensively.

Over time, ERP systems have evolved significantly, becoming vital tools for businesses of all sizes and across various industries. They offer modules that cover a wide range of functions, including finance, human resources, manufacturing, supply chain management, customer relationship management, and more. These systems have become essential for enhancing productivity, streamlining operations, and improving overall business performance.