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What is enterprise resource planning (ERP)?

Enterprise resource planning ( ERP) is the integrated management of main business processes, often in real time and mediated by software and technology.

What is ERP & how does it work?

ERP provides an integrated and continuously updated view of the core business processes using common databases maintained by a database management system. ERP systems track business resources—cash, raw materials, production capacity —and the status of business commitments: orders, purchase orders, and payroll.

What is ERP & how does it help a retail business?

The ERP solutions can assist with purchase orders and warehouse management. Retailers can also benefit from ERP to boost their customer return rate and improve webite conversions. ERP is a business management software system designed to manage and streamline all parts of an organization’s business functions, processes and workflows.

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