ERP (Enterprise Resource Planning)
ERP is a comprehensive software architecture that integrates and manages an organisation’s core business functions in a unified digital environment. These functions typically include finance, procurement, manufacturing, supply chain management, inventory control, project management, human resources, and customer relationship management (CRM).
The primary goal of an ERP system is to streamline operations, improve efficiency, and provide real-time visibility into business processes. By centralising data across departments, ERP enables:
- Improved data accuracy and consistency
- Faster and better-informed decision-making
- Reduced duplication of effort and manual data entry
- Enhanced operational transparency and reporting
- Standardised workflows and compliance support
Modern ERP systems are often cloud-based and modular, allowing organisations to scale and customise functionalities based on their specific industry needs. In manufacturing and industrial sectors, ERP platforms are critical for coordinating production schedules, tracking material flows, managing assets, and integrating with digital twins or IoT systems.
See also: Remote Collaboration