definition for: #erp

Most commonly used to designate issues in Enterprise Resource Planning (manufacturing).

ERP is a complete package that provides organization with solid background for running business efficiently. Today large scale businesses are increasing their reliance on ERP system as a cost effective solution for managing their business, but SMEs often avoids this system on the grounds of high cost involved in its deployment. However ERP system providers are now targeting more number of SMEs across different industry segments by becoming more flexible in serving them according to their needs and budget so that even mid-small sized business can get customizable low cost ERP solutions to administer their business effectively.