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Enterprise Resource Planning
Enterprise resource planning (ERP) is a business management software—usually a suite of integrated applications—that a company can use to collect, store, manage and interpret data from many business activities, including:- > Product planning, cost and development > Manufacturing or service delivery > Marketing and sales > Inventory management > Shipping and Payment ERP's scope usually implies significant changes to staff work processes and practices. Generally, there are three types of services are available to help implement changes within ERP—consulting, customization, and support. Implementation time depends on business size, number of modules, customization, the scope of process changes, and the readiness of the customer to take ownership for the project.
The 5 W's of ERP:
Who, What, When, Where, And Why?
Who: Microsoft Dynamics is a leader in ERP software with over 1.2 million users worldwide in over 200,000 companies.
What: Enterprise Resource Planning (ERP) software is a highly organized software that offers a customized composite view of every aspect of business operations. Financial, manufacturing, distribution, CRM, Supply Chain, human resources, asset maintenance, sustainability and more are integrated functions in ERP software for mid to large companies.
When: Periods of expansion, acquisition and consolidation all call for changes in reporting processes. ERP software enhances efficiency and functionality for changing business needs.
Where: ERP software is found throughout the range of mid to large corporations. Our experience has placed us in primarily mid level companies of $10M to $200M annual revenues with 10--50 employees. Yet some clients, that would be considered "large corporations", both public and private with annual revenues in excess of $1 billion and 1000s of employees.
Why: Today's business environment requires corporate leaders to be fully informed and to be able to move and react quickly to changing market conditions. A fully integrated ERP software allows executives to see the big picture as well as to drill down to the details instantly