Enterprise Resource Planning(ERP)
ERP is business management software that allows an organization to use a system of integrated applications to administer the business or in other words Enterprise resource planning (ERP) systems incorporate internal and external management information across an entire organization, embracing finance, manufacturing, sales and service, customer relationship management, etc.
The information made available through an ERP system provides visibility for key performance indicators (KPIs) required for meeting corporate objectives.
Implementing and managing an ERP system is an expensive affair. Nevertheless these operating expenses should be weighed against the benefits of the ERP system as a proficient ERP system will enlarge the efficiency of the
Core ERP modules
ERP modules incorporated major functional area of an organization and these modules are securely protected with competent security system, yet are designed to intermingle with each other with easy information access.
Inventory management: These modules are used to propel finished goods inventory through the production cycle and are often united into other functions, comprising transport, project accounting, job costing, orders, and billing and, on a broader scale, depot management.