Monday, 7 January 2013

RESOURCE PLANNING INTRODUCTION (ERP)





A system that used to combine all the information or operations of a company into a single unit. The standard ERP system will utilize both computer hardware and software. Central database of ERP system will be use to store information from various modules. ERP was originally coined, it was used to describe systems that were designed to use multiple resources. It was commonly connected to the manufacturing industry. The goal of ERP is to unify the various functions of an institution. The software must be capable of giving functionally to one unit that would commonly have to use multiple systems. For example, a system that was able to combine two elements into a whole, such as a system that combined payroll with accounting, would be an ERP system. 


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