Topic

Enterprise Resource Planning System

Instructions

What are enterprise resource planning (ERP) systems and why are they important?
How are supply chains enabled and improved via ERP systems?
How is information shared amongst business units via ERP systems?

Answer Preview

Enterprise resource planning (ERP) is considered to be business process management software which permits a business organization to utilize a system of combined applications so as to manage the business organization and automate most of the back office functions associated to human resources and technology services. Notably, enterprise resource planning is important because it combines all functions and departments across the entire business organization in one computer system which has the ability to serve all the different department’s specific needs. In addition to this, enterprise resource planning system is important because it automates business processes by positioning them into a beneficial structure which is standardized and popular for the entire organization.

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