So What is ERP System
According to Wikipedia
ERP Systems are
Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.
ERP is usually referred to as a category of business-management software — typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from these many business activities."
Integration is Key Here
In a normal production environment there are many parts to track.
What ERP does is collecting the data from sales ,store, accounting team and presents it in a more meaningful manner for business managers to make sound decision.
Research has shown that businesses and institutions that use any form of ERP be it a crude option like the excel file have more productivity than those using manual methods.
As more complex operations are added the companies find it difficult and the systems become obsolete. This can largely affect productivity and result to huge loses