What does Enterprise resource planning (ERP) mean in manufacturing?
Enterprise resource planning (ERP) systems integrate various business processes across an organization into a unified system. This software helps manage resources, streamline operations, and provide real-time data insights across departments such as finance, human resources, manufacturing, and supply chain. It integrates all facets of an organization's operations, including supply chain management, accounting, inventory control, and order processing. ERP systems facilitate real-time data analysis across departments, improving decision-making processes and enhancing overall operational efficiency in manufacturing environments.