IST ERP (enterprise resource planning)

ERP (enterprise resource planning) is an industry term for the broad set of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business, including product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders and the reflection of all these in the entire financial system. ERP also include application modules for the human resources aspects of a business.