ERP replaces the old stand-alone computer systems in each area of an enterprise such as finance,
human resource, manufacturing, sales, etc. With a single software program that facilitates various functional modules. Thus, employees in any department get the required information related to the activities of the respective department. In addition to this, the information will be available across the departments. For example, the Finance department can use ERP to see if any sales order has been shipped from the warehouse so as to make further payments.
What you can learn from this chapter.
1) Concept of Enterprise, Resource, Planning.
2) Functional units of ERP
3) ERP and Related Technologies.
4) ERP solution providers/ERP packages
5) ERP and Internet
6) Benefits of ERP
7) Limitations in ERP implementation
8) Future of ERP
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Prof. Tauseef Khan
(M.Com, MBA, UGC – NET)
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