Enterprise Resource Planning (ERP)

ERP stands for Enterprise Resource Planning.  ERP is a way to integrate the data and processes of an organization into one single system. Today's ERP systems can cover a wide range of functions and integrate them into one unified database.

For example functions such as   Human Resources, Supply Chain Management, Customer Relations Management, Financials, Manufacturing functions and Warehouse Management functions were all once stand alone software applications, usually housed with their own database and network, today, they can all fit under one umbrella - the ERP system. 

There are many advantages of implementing an EPR system:

  • A totally integrated system 
  • The ability to streamline different processes and workflows
  • The ability to easily share data across various departments in an organization
  • Improved efficiency and productivity levels Better tracking and forecasting 
  • Lower costs Improved customer service 
 

2 comments:

Kavi Priya said...

I have read many article here and learn many things from that, this was really helpful for me. Thank you so much for sharing this info with us and share your ideas with us.
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