ERP (enterprise resource planning)

What is ERP (enterprise resource planning)?

ERP (enterprise resource planning) meaning A set of activities supported by application software that helps a company manage such core parts of its business as product planning, parts purchasing, inventory management, order tracking, and customer service. Can also include modules for finance and HR activities. The deployment of an ERP system can involve considerable business process analysis, employee retraining, and new work procedures.


reference: Association for Talent Development – Glossary