Tuesday, March 17, 2009

ERP - Definition:

“Software solution that addresses the Enterprise needs, taking a process view of the overall organization to meet the goals, by tightly integrating all functions and under a common software platform”

ERP Systems - Integrate all the functions such as Human Resources, Supply Chain Management, Customer Relations Management, Financials, Manufacturing functions and Warehouse Management functions into single system.

Advantages of ERP Systems

·A totally integrated system
·The ability to streamline different processes and workflows
·The ability to easily share data across various departments in an organization
·Improved efficiency and productivity levels
·Better tracking and forecasting
·Lower costs
·improved customer service

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