ERP ( Enterprise Resource Planing )
Enterprise - An organisation or company
Resource - Man , Methods , Materials , Machine , Money ( 5M's)
Planing - It is know as the management of the resources of the organisation
so that we can get profit.
DEFINITION-
"ERP is a concept which integrates all the component of an organization and maps them in such a manner so that proper information goes to proper person in proper time. "
" Enterprise resource planning (ERP) is the industry term used to describe a broad set of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business. These parts can include product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders. ERP can also include application modules for the finance and human resources aspects of a business. "
USE OF ERP
I. ERP utilizes software applications to improve the performance of organization's resource planning, management control and operational control.
II. ERP software is multi-module application software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product distribution, to order tracking.
III. ERP software may include application modules for the finance, accounting and human resources aspects of a business.
IV. An ERP system has a service-oriented architecture with modular hardware and software units and "services" that communicate on a local area network. The modular design allows a business to add or reconfigure modules (perhaps from different vendors) while preserving data integrity in one shared database that may be centralized or distributed.
ERP available Companies -
Some of the bigger players in the ERP outsourcing market are SAP, Peoplesoft, and J. D. Edwards. New comers include Oracle, IBM, and Microsoft.
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1 comment:
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ERP Software In India
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ERP Software In Chennai
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