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:
“The chief lesson of the Depression should never be forgotten. Even our liberty-loving American people will sacrifice their freedom and their democratic principles if their security and their very lives are threatened by another breakdown of our free enterprise system. We can no more afford another general depression than we can afford another total war, if democracy is to survive.”
—Agnes E. Meyer (18871970)
“The waste of plenty is the resource of scarcity.”
—Thomas Love Peacock (17851866)
“Few men in our history have ever obtained the Presidency by planning to obtain it.”
—James A. Garfield (18311881)