1. ERP
Enterprise resource planning
Definition
Enterprise resource planning (ERP) is a category of business-management
swoftare—typically a suite of integrated applications—that an organization can
use to collect, store, manage and interpret data from many business activities,
including: product planning, purchase. manufacturing or service delivery.
Or
ERP stands for “enterprise resource planning.” The definition of enterprise
resource planning is, essentially, an integrated software solution used to manage
a company’s resources.
ERP system supports multiple functions used by different business units. At its
most basic level, ERP software integrates these various functions into one
complete system to streamline processes and information across the entire
organization.
