ERP


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ERP

(electromagnetism)

ERP

ERP

(1) (Energy-Related Product) A European Union designation for devices that use or save energy. Originally an "energy-using product" (EuP).

(2) (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ERP modules may be able to interface with an organization's own software with varying degrees of effort, and, depending on the software, ERP modules may be alterable via the vendor's proprietary tools as well as proprietary or standard programming languages.

An ERP system can include software for manufacturing, order entry, accounts receivable and payable, general ledger, purchasing, warehousing, transportation and human resources. The major ERP vendors are SAP, Oracle (PeopleSoft and J.D. Edwards), SSA Global (Baan) and Microsoft. Lawson Software specializes in back-end processing that integrates with another vendor's manufacturing system. See CRM, SAP, PeopleSoft, J.D. Edwards, Baan, Microsoft Dynamics, sales force automation, supply chain management and NRP.
References in periodicals archive ?
Scott Phares, vice president of business services for the application software firm Business Engine says, "I hate to beat up on ERP, but it has the most visibility as the most expensive but least-value-derived kind of implementation.
A team assessed the structure and implementation schedule for a planned, company-wide ERP, the services offered by several outsourcing vendors and the functions and capabilities delivered by a point solution.
Technical consulting costs include modeling and designing additional software, writing machine-readable code and implementing existing imbedded ERP software templates.
This is the conundrum that ERP vendors are facing today.
PeopleSoft's ERP suite is differentiated from others by what the company calls ERO -- optimization of all the resources, not just the planning.
Customers should ask how much technical support the VAR or consultant can draw on, because that can be critical to a successful ERP implementation.
ERP software and solutions are company or enterprise-wide IT systems and applications developed to connect and optimize business processes and activities across every department of the organization.
The report begins with a graphical representation of ERP evolution stating the various phases of ERP development that occurred in past and a self explanatory illustration of model ERP architecture, an overview of the overall ERP market in India explaining the various driving factors, market size and growth figures, market segmentation of major players and the current competitive landscape.
ERP systems and ERP software are company-wide applications that provide the technology backbone to optimize and automate business processes and maximize resources in virtually every department within a business.
com/research/4c8e31/optimising_erp_val) has announced the addition of the "Optimising ERP Value & Spending: Large Nordic companies 2008-2009" report to their offering.