Integra Solution

Enterprise Resource Planning (ERP)

ERP can be best explained as the managerial tool, which helps in the best utilization of the optimum synchronization of the 4Ms of the enterprise resources - Man, Money, Materials, and Machines. ERP differs from convention in that it takes a sweeping view - it is concerned more with processes than with transactions. ERP system considers a real process as consisting of a sequence of transactions where these transactions are not confined to functional boundaries.

The ERP system deals with the planning and optimum use of resources used in the business. The resources are finance, materials, manufacturing capacity and human resource. The ERP provides methodology of assessing the resource needs for a given business to achieve certain business objectives.