ERP

Enterprise resource planning systems or ERP systems integrate all departments and functions across a company onto a single computer system that can serve all departments' particular needs. ERP ensures seamless integration of all the information flowing through the company – financial, accounting, human resources, sales, manufacturing, distribution, project and inventory management, planning and maintenance, customer information and e-business. In addition business specific optimization modules can be integrated, analyzing the information flow as a whole and proposing effective optimization steps, leading to more efficient business and manufacturing process.

The concept of the ERP system can be illustrated with the following diagram: