ERP
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Enterprise Resource Planning (ERP) system integrates both internal and external information flows used by the organization within a single, comprehensive solution. An ERP solution incorporates the practical systems used by organizations to manage the basic commercial functions of their business, such as: planning, inventorymaterials management, purchasing, manufacturing, finance, accounting, human resources, marketing and sales, services etc..
ERP collects, manages and distributes information across functional boundaries and helps break down information those barriers that stand in the way of full cooperation between production, materials, planning, engineering, finance and salesmarketing. The resulting higher quality, reduced time-to-market, shortened lead times, higher productivity and lowered costs can help improve customer service and increase sales and market share as well as margins
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