Enterprise Resource Planning (ERP)

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  Enterprise resource planning (ERP) is a type of software that businesses use to manage everyday activities. These can range from accounting, procurement, project management, risk management, inventory, planning, human resources, customer relationship management, supply chain and compliance.  ERP is used to support planning and control of information throughout an organization so that they can use internal knowledge to achieve external advantage.

ERP systems link together business processes and enable the flow of data.

Examples of ERP Systems:

1. SAP
2. Oracle
3. Epicor
4. Sage

For more information on ERP systems check out the book ERP, by: MHE. 

Challenge:

• ​Do you use an ERP System?  If so, what are the benefits?  Share your thoughts in the comments section below and receive a coupon to one of Lean Strategies International LLC's courses.

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