WHAT IS ERP PROCESS?

Posted by Ravi Dutt Sharma
8
Mar 6, 2018
205 Views

Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.

ERP is usually referred to as a category of business-management software typically a suite of integrated applications that an organization can use to collect, store, manage and interpret data from these many business activities.

ERP
Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures.

Resource a stock or supply of Money, Materials, Staff, and other assets that can be drawn on by a person or organization in order to function effectively.

Planning is the process of thinking about and organizing the activities required to achieve a desired goal. It involves the creation and maintenance of a plan, such as psychological aspects that require conceptual skills.

Organization is an organized group of people with a particular purpose, such as a business or government department.

Industry economic activity concerned with the processing of raw materials and manufacture of goods in factories.

Source:- Best SAP ERP Institute in Chandigarh

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