ERP ASSIGNMENT- Difference between ERP1 and ERP2

Submitted by- Rishabh Verma

2001106
PGDIE-50

Enterprise Resource Planning is the foundation system for domestic and global operations,
supporting most or all functional areas in their daily operations. It is one of the more common
categories of business software, especially with large-scale businesses.

It is a business strategy and a set of industry-domain-specific applications that build customer and
shareholder communities value network system by enabling and optimizing enterprise and inter-
enterprise collaborative operational and financial processes. ERP at its core is an effective way of
centralizing information and workflow processes through data management. Because ERP keeps all
the workflow data in one place.

ERP ERP II

It is developed in 1990s. It is developed in 2000s.

ERP was concerned with optimizing an These systems are about optimizing the supply chain
enterprise-Internal Optimization. through collaboration with trading partners.

Focuses on manufacturing and

distribution. Focuses on all sectors and segments of business.

Its process is internal and hidden. Its process is externally connected.

Data is internally generated and Data is internally and externally published and
consumed. subscribed.

It is web-aware, closed, and monolithic. It is web-based, open and componentized.