The unprecedented growth of information and communication technologies (ICT) driven by
microelectronics, computer hardware and software systems has influenced all facets of
computing applications across organizations. Simultaneously the business environment is
becoming increasingly complex with functional units requiring more and more interfunctional data flow for decision making, timely and efficient procurement of product parts,
management of inventory, accounting, human resources and distribution of goods and
services. In this context, management of organizations needs efficient information systems to
improve competitiveness by cost reduction and better logistics
These software solutions, unlike the old, traditional in-house-designed company specific
systems, are integrated multi-module commercial packages suitable for tailoring and adding
“add-ons” as and when required. The phenomenal growth of computing power and the
Internet is bringing ever more challenges for the ERP vendors and the customers to redesign
ERP products, breaking the barrier of proprietorship and customization, and embracing the
collaborative business over the intranet, extranet and the Internet in a seamless manner. The
vendors already promise many “add-on” modules, some of which are already in the market as
a sign of acceptance of these challenges by the ERP vendors. It is a never-ending process of
reengineering and development bringing new products and solutions to the ERP market. ERP
vendors and customers have recognized the need for packages that follow open architecture,
provide interchangeable modules and allow easy customization and user interfacing.
microelectronics, computer hardware and software systems has influenced all facets of
computing applications across organizations. Simultaneously the business environment is
becoming increasingly complex with functional units requiring more and more interfunctional data flow for decision making, timely and efficient procurement of product parts,
management of inventory, accounting, human resources and distribution of goods and
services. In this context, management of organizations needs efficient information systems to
improve competitiveness by cost reduction and better logistics
These software solutions, unlike the old, traditional in-house-designed company specific
systems, are integrated multi-module commercial packages suitable for tailoring and adding
“add-ons” as and when required. The phenomenal growth of computing power and the
Internet is bringing ever more challenges for the ERP vendors and the customers to redesign
ERP products, breaking the barrier of proprietorship and customization, and embracing the
collaborative business over the intranet, extranet and the Internet in a seamless manner. The
vendors already promise many “add-on” modules, some of which are already in the market as
a sign of acceptance of these challenges by the ERP vendors. It is a never-ending process of
reengineering and development bringing new products and solutions to the ERP market. ERP
vendors and customers have recognized the need for packages that follow open architecture,
provide interchangeable modules and allow easy customization and user interfacing.
Enterprise resource planning systems or enterprise systems are software systems for business
management, encompassing modules supporting functional areas such as planning,
manufacturing, sales, marketing, distribution, accounting, financial, human resource
management, project management, inventory management, service and maintenance,
transportation and e-business. The architecture of the software facilitates transparent
integration of modules, providing flow of information between all functions within the
enterprise in a consistently visible manner.
ERP is the acronym of Enterprise Resource Planning. ERP utilizes ERP software applications
to improve the performance of organizations’ resource planning, management control and
operational control. ERP software is multi-module application software that integrates
activities across functional departments, from product planning, parts purchasing, inventory
control, product distribution, to order tracking. ERP software may include application
modules for the finance, accounting and human resources aspects of a business.
management, encompassing modules supporting functional areas such as planning,
manufacturing, sales, marketing, distribution, accounting, financial, human resource
management, project management, inventory management, service and maintenance,
transportation and e-business. The architecture of the software facilitates transparent
integration of modules, providing flow of information between all functions within the
enterprise in a consistently visible manner.
ERP is the acronym of Enterprise Resource Planning. ERP utilizes ERP software applications
to improve the performance of organizations’ resource planning, management control and
operational control. ERP software is multi-module application software that integrates
activities across functional departments, from product planning, parts purchasing, inventory
control, product distribution, to order tracking. ERP software may include application
modules for the finance, accounting and human resources aspects of a business.
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