ERP glossary · General
What is Enterprise resource planning (ERP)?
Definition
Enterprise resource planning is software that runs a company's sales, purchase, stock, production and accounts in one system with one set of data.
Instead of separate spreadsheets and tools, every department works on the same records, so a sales order can trigger stock reservation, production and an invoice without re-typing.
Enterprise resource planning in IndustryX
IndustryX Suite is a cloud ERP for Indian manufacturers and traders, with a free plan for very small firms and manufacturing from the Foundation plan.
Related terms
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