Enterprise resource planning (ERP) consists of technologies and systems companies use to manage and integrate their core business processes. Enterprise resource planning software offers single system solutions that integrate processes across the business.
An ERP promotes the free flow of communication across an organization and results in increased synergies between different business areas, increased efficiencies as processes are streamlined and information is readily accessible to those that need it; and reduced costs associated with outdated and ineffective technology. Adopting an ERP may be a costly endeavor, but the return on investment (ROI) may be achieved quickly. Most certainly, the benefits realized (e.g., increased productivity and reduced administrative costs) may far outweigh the costs to introduce an ERP.
Enterprise resource planning (ERP) manages and integrates business processes through a single system. With a better line of sight, companies are better able to plan and allocate resources.
ERP System enhance Visibility
Visibility is critical to effective Supply Chain design and management. ERP help Managers to see how processes are conducted, how processes affect other processes, who is doing what, where it is being done, and why it is being done.
Business Customizable Models
According to the type of your business, industry, services/or products, the ERP should be designed to actually fit your needs:
* Efficient (Seek to minimize cost, Provide reliable and high service levels), or
* Responsive (Seek to minimize inventory, Focus on speed and flexibility), or
* LeanAgile (Optimize Reliability, Responsiveness with Cost)
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