What Is ERP? Enterprise Resource Planning Software Explained
What is ERP? What is an ERP System? / What is ERP Software?
An ERP system, also called an ERP suite, at its most basic level, is a software that helps you efficiently manage all of your most important processes within an integrated solution.
While retailers always want to optimize their enterprise resource management, most struggle to balance different practices with sacrificing resources. That’s why the enterprise resource planning system was born. The first traces of ERP were paper-based scheduling systems with the economic order quantity (EOQ) model in manufacturing. However, now-a-days ERPs can be found in all industries, not just in the manufacturing industry.