Enterprise resource planning (ERP) is system/suite of applications and software’s to manage a business, capable to capture data and store it to use and analyses business performance, including:-

  • Planning Modules: Product planning, cost and development
  • Production Modules: Manufacturing or service delivery
  • Order Modules: Marketing and sales
  • Inventory Modules: management, inventory summery, item master
  • Billing, shipping and payment

ERP provides an integrated understanding of core business processes, often in real-time, using database management system. ERP systems track business resources—cash, raw materials, production capacity—and real time and prediction of business commitments: orders, purchase orders, and payroll.

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