ERP modules:
ERP can make a business more efficient than ever and also it can create an IT infrastructure for the business. ERP can take care of a lot of work for each section in a business. The structure of ERP for different departments is called modules of ERP or ERP modules.
Different types of Manufacturing ERP modules are:-
(1.) Material Management module (MM module)
(2.) Finance and Accounting module
(3.) Sales and Distribution module
(4.) Production module
(5.) Project Management
(6.) HR and Payroll
(7.) Plant maintenance
Functions of ERP modules:
M...
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ERP
Tangible and Intangible benefits of ERP
There are both tangible and intangible ERP advantages
Tangible ERP advantages
i.) Workflow of the product from one department to other becomes smooth and without any impediments. Hence increasing productivity of process and personnel.
ii.) Since same software is now used across all departments, individual departments having to buy and maintain their own software systems are no longer necessary leading to lowering of cost of production hence reducing cost
iii.) There are various modules in an ERP system like Finance/Accounts, Manufacturing, Marketing/Sales, Supply Chain/Warehouse Management...
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What is ERP and various features of ERP
What is ERP system?
ERP software’s are helping people all around the world in managing their business. So what is ERP? Is it a magical tool that can be used to make profit from any kind of business? Well sadly the answer is no, you still need a good product to earn profit but what ERP system can do is increase the efficiency of your business and we all know more efficiency means more profit. ERP stands for enterprise resource planning, well you know now what ERP stands for. Now let’s define 'what are the features of ERP system?' All business have different systems, like financials to watch th...
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