WHAT IS A ERP SYSTEM? Concept of ERP means Enterprise Resource Planning. An ERP system is often a modular system that facilitates the administration of a company. ERP system gives decision makers in the company the basis for important decisions that can otherwise be difficult and time-consuming to produce, while it is also intended to gather and streamline the company's processes for those who work in the company. We can certainly agree that time-consuming manual processes are neither fun nor profitable. An ERP system solves this by automating flows while allowing the company to scale up or down in size without having to sacrifice quality assurance in what it does. It simply makes it easier to run a business, regardless of size. An ERP system often consists of several components such as: Integration Platform Finance System Reporting Tools Project Order Management(OMS) Product Management(PIM) Case Management Document Management Inventory Managemen...
This article outlines the necessity of ERP software and strategies for its implementation.