ERP - Enterprise Resource Planning
ERP or Enterprise Resource Planning is the term given to software systems that enable companies to integrate all their operations and resources and manage them through one system. Most large companies in the world use ERP to manage their businesses. The normal functions included within the scope of an ERP system include product planning, parts planning, parts procurement and inventory management, interacting with suppliers, providing customer service, and tracking orders. It can also include applications to manage finance, service delivery and human resources.