oboloo Glossary

ERP System Modules

oboloo Glossary

ERP System Modules

Enterprise Resource Planning (ERP) system modules are computerized tools used to manage and integrate a company’s financials, supply chain, operations, reporting, manufacturing, and human resource activities. These modules automate many day-to-day business processes and can be customized to meet the needs of different industries. For instance, an ERP system for a retail business might include modules for inventory management, warehouse tracking, customer service, e-commerce, and product shipping. On the other hand, an ERP system for a manufacturing business could include modules for project management, lead generation, product design, and quality assurance. By having all their business processes in one centrally managed system, companies can achieve greater efficiency and productivity while reducing costs.