What is an ERP ??

Question

plz tell me in detail about ERP and it's significance,functionalties etc..........in the present scenario........

Answer 1

Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a single unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a single, unified database to store data for the various system modules.

The term ERP originally implied systems designed to plan the utilization of enterprise-wide resources. Although the acronym ERP originated in the manufacturing environment, today's use of the term ERP systems has much broader scope. ERP systems typically attempt to cover all basic functions of an organization, regardless of the organization's business or charter. Business, non-profit organizations, non governmental organizations, governments, and other large entities utilize ERP systems.

Additionally, it may be noted that to be considered an ERP system, a software package generally would only need to provide functionality in a single package that would normally be covered by two or more systems. Technically, a software package that provides both Payroll and Accounting functions (such as QuickBooks) would be considered an ERP software package.

However; the term is typically reserved for larger, more broadbased applications. The introduction of an ERP system to replace two or more independent applications eliminates the need for interfaces previously required between systems, and provides additional benefits that range from standardization and lower maintenance (one system instead of two or more) to easier and/or greater reporting capabilities (as all data is typically kept in one database).

Answer 2

We are installing an ERP system right. We are installing SAP, but Oracle is a major provider as well.

I'm not positive what ERP stands for, but it's basically a software system that links all facets of your company. For example, the help desk takes a call that one of our machines is down and needs a new part. A service call is entered in the service module - this generates an order for a tech to go service the machine. From there a purchase requestion can be generated to order a part. The purchasing department creates the purchase order. The item is ordered and received. The receiving document flows through to Accounts Payable where it is matched up against the invoice and paid. If the item is to be capitalized, it flows through to the asset master where it can be imported as a new asset.

So instead of having all the departments of your company working independently (and often duplicating work), everything is linked.

Answer 3

Not sure the context. ERP many times refers to Enterprise Resource Planning - a series of software modules linked together to automate many of a business' processes and functions (T&E, HR, Recruiting, Payroll, Scheduling, Document control, etc.).

Answer 4

Yahoo Answers is a great thing...but so is Google: Look it up

http://www.google.com/search?hl=en&q=ERP

Answer 5

The sound one makes after about three beers!

Answer 6

How about you doing your own homework:

http://www.google.com/search?q=erp&start=0&ie=utf-8&oe=utf-8&client=firefox-a&rls=org.mozilla:en-US:official

Answer 7

please be specific about ur questions .DOnt use shortforms.