ERP - ENTERPRISE RESOURCE PLANNING
Enterprise resource planning (ERP) is the integrated management of core business processes including purchase, marketing and sales, materials management, inventory management, shipping and payment, finance often in real-time and mediated by software and technology.
ERP is a business-management software system that an organization can use to gather, store, manage and interpret information from these several business activities. It provides an integrated and continuous updated view of core business processes using common databases maintained by a database management system. As a result, saving precious time and increasing efficiency of an organization.
ERP facilitates information flow and share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. It can be used by large or smaller enterprises that facilitates error-free transactions and production, thereby enhancing the organization's efficiency.
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