Enterprise Resource Planning (ERP) is the entrepreneurial task of planning and controlling resources, such as capital, personnel, resources, materials, information and communication technology, and IT systems in the sense of the company’s purpose in a timely manner. An efficient business value creation process and a steadily optimized management of the company and operational processes are to be guaranteed.
A core function of ERP is manufacturing requirements (see also Material Requirement Planning and Manufacturing Resources Planning), which must ensure that all materials required for the manufacture of the products and components are in the right place, at the right time and in the right time Quantity available. Today, this task can only be accomplished with the aid of IT systems based on modern information and communication technology.
ERP makes businesses more efficient. It makes businesses more profitable. It gets employees paid on time. Makes management make smarter and more strategic decisions. It even gets your products to your customers. Sounds pretty cool, right? Now that we know that. What exactly is ERP. The reality is, ERP is an umbrella term for a very complicated type of software solution.
Let’s see if we can take a few minutes and introduce you to a new friend ERP and talk about how it can really help your business.