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In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. ERP systems emerged out of Materials Requirement Planning (MRP) – the planning and scheduling of inventory for the manufacturing process. What is ERP?
Action Message: An alert generated by a materials requirement planning (MRP) or distribution requirements planning (DRP) system. Distributed Inventory: The maintenance of inventory in multiple geographic locations, typically as a strategy to enhance customer service by reducing order lead times. Distribution Resource Planning DRPII.
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