Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application. The purpose of ERP is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.
ERP systems can run on a variety of computer hardware and network configurations, typically employing a database as a repository for information.
Read more about Enterprise Resource Planning: Characteristics, Functional Areas, Components, Best Practices, Modularity, Connectivity To Plant Floor Information, Implementation
Famous quotes containing the words enterprise, resource and/or planning:
“In enterprise of martial kind, When there was any fighting,
He led his regiment from behind— He found it less exciting.”
—Sir William Schwenck Gilbert (1836–1911)
“If there is nothing new on the earth, still the traveler always has a resource in the skies. They are constantly turning a new page to view. The wind sets the types on this blue ground, and the inquiring may always read a new truth there.”
—Henry David Thoreau (1817–1862)
“When we are planning for posterity, we ought to remember that virtue is not hereditary.”
—Thomas Paine (1737–1809)