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Acronyms Dictionary

ERP

Definition

Enterprise Resource Planning. Software used to manage day-to-day business activities.

Deep Dive

ERP is a type of software system that helps organizations automate and manage core business processes for optimal performance. It integrates all aspects of an operation, including product planning, development, manufacturing, sales, and marketing.

Examples & Use Cases

  • 1A manufacturing company using an ERP to sync inventory with sales orders and accounting
  • 2Implementing a global ERP (like SAP or Oracle) to unify data across international branches
  • 3Using an ERP dashboard to monitor real-time supply chain performance

Related Terms

CRMSupply ChainBusiness Intelligence

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