What is ERP?
ERP stands for Enterprise Resource Planning. It is a management method that aims at efficient management by constructing a core business system that handles core information and management resources: accounting, human resources, general affairs, inventory, production, purchasing, logistics, and sales in an integrated and real-time manner. It is said to be a development of Material Resource Planning, a production management method, for general corporate management.
By further developing the MRP (Material Resource Planning) concept of making effective use of resources without waste, planning production, and improving efficiency, ERP was established as a management method to optimize production capacity by considering all human resources, facilities, and funds as production capacity.
The benefit of Enterprise Resource Planning lies in the centralized management of information. The benefits of ERP can be maximized by implementing an ERP package, an IT system, and integrating it with other systems.
ERP packages can collect and manage core business data, share data among departments, optimize the allocation of management resources, increase the efficiency of management activities, and speed up management judgment and decision making, leading to the creation of ripple effects and added value.
Cloud ERP is a system that allows for the centralized management of corporate information in the cloud.
Unlike conventional ERP, it is managed in the cloud, so it has the feature that data can be accessed from anywhere if there is an Internet environment. Also, since there is no need to prepare your own infrastructure, the cost and implementation time can be greatly reduced.
- Difference between CRM and ERP
- SaaS – Benefits of Implementing SaaS
- Advantages of Cloud Services
- Benefits of Implementing ERP for the Retail Industry
- Benefits of Moving to Cloud ERP for SMEs
- Order Management Systems
- Differences between On Premise ERP and Cloud ERP
- What is a Core System?
- Advantages and Disadvantages of using Excel to Manage Orders
- Do Small and Midsize Companies Need an ERP System?
- Avoid Failure in Cloud ERP Implementation
- What is Cloud ERP? How to Choose a Cloud ERP