ERP
is designed to streamline, control and optimize
processes in an organization; sales enquiry
to purchase to production to dispatch to
receipt of payment. It also helps the organization
coordinate various activities in an optimum
manner. The goal of ERP is to integrate
all facets of an business; planning, manufacturing,
sales, human resources, financials to manage
across the enterprise
ERP is variously defined as: -A unification
of business processes through integrated
enterprise applications and centralized
data; & -Cure to the "Islands of information"
syndrome In fact, ERP software can tackle
just about every aspect of a manufacturer's
business, from payroll and accounts receivable
to inventory, purchasing, shop-floor control,
configuration management, capacity and materials
planning, lot tracing, distribution, and
more. Many products are modular, allowing
a company to start with the functions it
needs now, and add more later.
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