Enterprise Resource Planning (ERP) Systems
Topic: Enterprise Resource Planning in Business
“ERP is an industry term for the broad set of activities supported by multi-module application software that help a manufacturer or other business manage the important parts of its business, including product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders. ERP can also include application modules for the human resources aspects of a business. Typically, an ERP system uses or is integrated with a relational database system”.
ERP buying intention remains strong, even in 2002. A William and Blair LLC survey revealed that 20% of companies were in the process of making a significant investment in ERP. Another 25% indicated a willingness to buy in the future. Another 50% had stable ERP systems. Only the rest 5% were unclear. Companies are rushing to buy ERP systems to address their business needs.
- Why such a high demand?
- How do the underlying drivers come from both the business and technology side?
- What are the benefits of the ERP to run the business?
- What does ERP stand for in supply chain management?
We can write this or a similar paper for you! Simply fill the order form!
