In the 1980s, companies began to take advantage
of the increased power and affordability of
available technology and were able to couple the
movement of inventory with the coincident financial
activity. Manufacturing resources planning
(MRP II)systems evolved to incorporate the financial
accounting system and the financial management
system along with the manufacturing
and materials management systems. This allowed
companies to have a more integrated business
system that derived the material and capacity requirements
associated with a desired operations
plan, allowed input of detailed activities, translated
all this to a financial statement, and suggested
a course of action to address those items
that were not in balance with the desired plan