Tuesday, 5 February 2013

WHAT IS ERP?


ERP(ENTERPRISE RESOURCE PLANNING) DEFINITION
 A future proof software solution that addresses the enterprise needs taking the process view of an organization to meet the organizational goals tightly integrating all functions of an enterprise (finance/accounting, manufacturing, sales and service, customer relationship management, supplier relationship management, etc.)
ERP(enterprise resource planning) is a package with the techniques and concepts for the integrated management of business as a whole, for effective use of management resources, to improve the efficiency of an enterprise. Initially, ERP was targeted for manufacturing industry mainly for planning and managing core business like production and financial market. As the growth and merits of ERP package ERP software is designed for basic process of a company from manufacturing to small shops with a target of integrating information across the company.
Some of the important ERP packages are sap, people soft, oracle apps,jd edwards, ramco etc...
But the ERP package should suit your organizational needs. So, accordingly it is decided either by
 1) best in technology and what ever the price may be,
 2) good in technology and competitive in price.
The ERP package should also be able for data migration from your existing organization to it. Based on all these factors the best is choosen.it is done only by sap so now a days most of the organizations using sap.

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