Enterprise Resource Planning (ERP) refers to software packages that attempt to consolidate all the information flowing through the company from finance to human resources. ERP allows companies to standardize their data, streamline their analysis process,, and manage long-term business planning with greater ease.

Typical business activities, which are included, are:

  • Product planning,
  • Cost,
  • Manufacturing,
  • Delivery,
  • Marketing,
  • Sales,
  • Storage management, and
  • Payment

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