What Is Enterprise Resource Planning (ERP)? (2) cont.

These systems typically include core modules that cover the full spectrum of business activities, particularly:
. Order Management, encompassing customer relationship management, sales forecasting, order processing, inside sales, customer service, pricing and contract management.
. Engineering, encompassing bill of materials and formulas, product design and configuration.
. Manufacturing, encompassing master production scheduling, capacity requirements planning, shop floor control, and quality management.
. Distribution, encompassing distribution requirements planning, transportation management and fleet maintenance.
. Materials Management, encompassing master production scheduling, inventory management, materials requirements planning, purchasing and receiving.
. Finance, encompassing cost accounting, accounts receivable, accounts payable, general ledger, fixed assets and project accounting.
. Human Resources, encompassing personnel management and payroll.

The best of breed ERP systems are fully integrated solutions, developed on a common architecture and database structure. They provide a backbone foundation system that provides most of the day-to-day business transactions. They are designed to deliver a seamless integration of information and knowledge, throughout the company.

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