Enterprise resource planning is now gaining lots of importance among the business economy. It is now being seen as an important tool for managing resources of a company both internally and externally. It is being used both for many business applications and also for many manufacturing industries.
Previously, enterprise resource planning was used only of large business companies. It required lots of money to be invested. Small scale and medium sized companies were not ready to invest a large amount for buying software and employing staffs for managing ERP software.
Keeping this in mind, ERP vendors started diversifying their enterprise resource planning software by releasing many versions of the software which could assist small companies too. … Read more
Many companies find difficulties in synchronizing the data related to the company and getting out a reliable and efficient data out of it. Every organization hopes to achieve this. The flow of information across various business units should be smooth and reliable.
Recent years have seen a lot of development in the global economy. Particularly, small and medium sized companies had significant development. Some of the industries which had significant amount of growth are telecommunication, software, manufacturing and pharmaceutical industry. This growth has spanned many new companies and the competition has increased to a considerable amount.
Enterprise resource planning is the term used to define managing the resources within a business using software tools. There are lots of enterprise resources planning software available from different vendors. The term enterprise resource planning was derived from another similar process called as ‘Manufacturing resource planning’.
Enterprise resource planning soft wares are designed mainly to eliminate the complexity involved in managing the resources pertaining to the company. Though the main motive of ERP software is to increase the productivity it also has some disadvantages in it. Let’s discuss some of the 
Enterprise resource planning is gaining a significant role in every organization. Almost every fortune 500 companies have already implemented enterprise resource planning software in their environment and they are using the software efficiently to increase their production. Enterprise resource planning software is very complex. It has lots of tools and techniques involved in it.