All companies, big or small, want to make the best out of their resources. This becomes more important in the context of modern businesses functioning in an ever-changing economy. No one wants to compromise with the value they can derive from the available reserves.
This is when ERP or Enterprise Resource Planning comes into the picture. The purpose behind the existence of ERP is to allocate the given resources in such a way that the organization implementing it accomplishes its objectives as soon as possible.
Now, ERP systems basically manage the organization and themselves. However, there are ways in which ERP systems themselves can be managed effectively.…Continue reading