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:
“Huck was always willing to take a hand in any enterprise that offered entertainment and required no capital, for he had a troublesome superabundance of that sort of time which is not money.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“No, Ernest, don’t talk about action.... It is the last resource of those who know not how to dream.”
—Oscar Wilde (1854–1900)
“When we are planning for posterity, we ought to remember that virtue is not hereditary.”
—Thomas Paine (1737–1809)