ENTERPRISE RESOURCE PLANNING (ERP)

Computerized management of all enterprise resource planning. Integrated, multi-module software system expedites identifying and planning the resource needs of an enterprise. ERP is accounting oriented. Provides a single user-interface for the entire organization and empowered stakeholders to manage ERP. ERP functionality includes product planning, materials and parts purchasing, inventory control, distribution and logistics, production scheduling, capacity utilization, order tracking, and planning for finance and human resources. Interfaces with manufacturing to act as an extension of manufacturing resource planning (MRPII). Known also as enterprise requirement planning.

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