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ERP Explained in Fewer than 140 Characters

What does ERP stand for?
Business / ERP / ERP Coir

ERP Explained in Fewer than 140 Characters

What does ERP stand for?

ERP in Software stands for Enterprise Resource Planning.

What is ERP?

Enterprise Resource Planning are a range of software solutions that help streamline & ease business processes across different departments of an organization. It is also referred to as Manufacturing Software, MRP (Material Requirements Planning) Software and Inventory Control System.

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How does ERP work?

ERP works through central database that stores real-time business data across different departments like purchases, inventory, manufacturing, sales, and accounts.

What are some of the ERP System examples?

  • ERP alerts inventory department when a raw material stock reaches re-order levels.

Photo by Lysander Yuen on Unsplash

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