oboloo

oboloo Glossary

Business Model In ERP

oboloo Glossary

Business Model In ERP

The Business Model in Enterprise Resource Planning (ERP) is a framework that captures the essential components of a company’s operational and financial structure. It defines processes, tasks, and resources needed to deliver goods and services to customers. It also outlines key elements such as pricing strategies, metrics for measuring performance, and strategies for identifying profitable markets. This model helps businesses assess their current performance and design strategies for achieving their goals. A strong business model ensures that the organization has the necessary systems and processes in place to remain competitive in the ever-changing landscape of the global market.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971