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ERP Enterprise Resources Planning. What is ERP?. Enterprise Resource Planning Support business through optimizing, maintaining, and tracking business functions Broken down into business processes HRM Distribution Financials Manufacturing
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What is ERP? • Enterprise Resource Planning • Support business through optimizing, maintaining, and tracking business functions • Broken down into business processes • HRM • Distribution • Financials • Manufacturing • It may also integrate key customers and suppliers as part of the enterprise’s operation.
ERP software/ system • Enterprise resource planning software/ system • allows an organization to use a system of integrated applications to manage the business(e.g development, manufacturing, sales and marketing)
Internal Benefits of ERP • A real-time system • Increased productivity • Reduced operating costs • Improved internal communication • Integration of a single source of data
External Benefits of ERP • Improved customer service and order fulfillment • Improved communication with suppliers and customers • Enhanced competitive position • Increased sales and profits
Vendors • Microsoft Dynamics • SAP • Oracle • PeopleSoft • SSA Global
Work Cited • http://www.webopedia.com/TERM/E/ERP.html • www.slideshare.net/Agcristi/erpppt • http://www.bloorresearch.com/analysis/11601/erp-what-does-it-mean-today-to-us-today.html