Literarily, ERP refers to Enterprise Resource Planning software. In general, ERP is an industry term for the broad set of activities supported by multi-module application software that help a manufacturer or other business manage the important parts of its business, including product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders. Typically, an ERP system uses or is integrated with a relational database system. In practice, ERP does not live up to its acronym. It does not do much about planning or resource planning. |
At its simplest level, ERP provides a way to integrate all your business process. To get the most from the software, you have to get people inside your company to adopt the work methods outlined in the software. If the people do not agree with the method and the system has no flexibility to be customized, ERP projects will be failed. Therefore, you should choose ERP software wisely. |