Enterprise Resource Planning (Erp)
Enterprise resource planning (ERP) is a business process management software that integrates all aspects of a company’s operations, including product planning, development, manufacturing, sales and marketing.
An ERP system gives a company real-time visibility into its business processes and helps streamline them by automating data entry and eliminating redundant information. This enables companies to make more informed decisions, improve operational efficiency and better serve their customers.
While ERP systems vary in terms of features and functionality, they typically include modules for financials, inventory, manufacturing, warehouse management, customer relationship management (CRM) and supply chain management (SCM).