What does Enterprise Resource Planning mean?
Definitions for Enterprise Resource Planning
en·ter·prise re·source plan·ning
This dictionary definitions page includes all the possible meanings, example usage and translations of the word Enterprise Resource Planning.
Wikipedia
Enterprise resource planning
Enterprise resource planning (ERP) is the integrated management of main business processes, often in real-time and mediated by software and technology. ERP is usually referred to as a category of business management software — typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from many business activities. ERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. ERP facilitates information flow between all business functions and manages connections to outside stakeholders.Enterprise system software is a multibillion-dollar industry that produces components supporting a variety of business functions. IT investments have become the largest category of capital expenditure in United States-based businesses over the past decade. Though early ERP systems focused on large enterprises, smaller enterprises increasingly use ERP systems.The ERP system integrates varied organizational systems and facilitates error-free transactions and production, thereby enhancing the organization's efficiency. However, developing an ERP system differs from traditional system development. ERP systems run on a variety of computer hardware and network configurations, typically using a database as an information repository.
Numerology
Chaldean Numerology
The numerical value of Enterprise Resource Planning in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of Enterprise Resource Planning in Pythagorean Numerology is: 5
Translations for Enterprise Resource Planning
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"Enterprise Resource Planning." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/Enterprise+Resource+Planning>.
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