Saturday, 8 February 2020

ERP Overview

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ERP Overview


ERP is the abbreviation of Enterprise Resource Planning and means, the techniques z l
and concepts for integrated management of businesses as a whole from the viewpoint
of the effective use of management resources to improve the efficiency of enterprise
management.
ERP provides the backbone for an enterprise-wide information system. z l
At the core of this enterprise software is a central database which draws data from and z l
feeds data into modular applications that operate on a common computing platform, thus
standardizing business processes and data definitions into a unified environment.
With an ERP system, data needs to be entered only once. z l
The system provides consistency and visibility or transparency across the entire z l
enterprise.
A primary benefit of ERP is easier access to reliable, integrated information. z l
A related benefit is the elimination of redundant data and the rationalization of processes, z l
which result in substantial cost savings.


Customer Relationship Management (CRM): An approach to building and sustaining long-term
business with customers.
Enterprise Resource Planning: Enterprise applications used to manage information about
organizational resources such as raw materials, products, staff and customers as part of delivery
of a product or service.
Information System: A collection of hardware, software, data, and people designed to collect,
process, and distribute data throughout an organization.

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