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Definition of ERP (Enterprise ResourcePlanning)
Enterprise resource planning (ERP) is the industry term used to describe a broadset of activities supported by multi-module application software that helps a manufacturer or other business manage the important parts of its business. These parts can include product planning, parts purchasing, maintaining inventories, interacting with suppliers, providing customer service, and tracking orders. ERP can also include applicationmodules for the finance and human resources aspects of a business.Some of the bigger players in the ERP outsourcing market are SAP, Peoplesoft, and J. D.Edwards. New comers include Oracle, IBM, and Microsoft
 
Enterprise resource planning
(
ERP
) is a company-wide computer software systemused to manage and coordinate all the resources, information, and functions of a businessfrom shareddata stores.
[1]
An ERP system typically has modular hardware and software units and "services" thatcommunicate on alocal area network . The modular design allows a business to add or reconfigure modules (perhaps from different vendors) while preservingdata integrityinone shared database that may be centralized or distributed.
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