Enterprise Resource Planning (ERP) - Definition

ERP stands for “Enterprise Resource Planning” and is a type of software system that takes over the planning, control and management of personnel, equipment, capital, resources and information and communication technology in a company.

The core function is material requirements planning, which involves the production of the required materials and ensuring that they are always available in the right quantity at the right time. This task is performed with the help of IT systems. High quality and high productivity, high security of supply, low throughput times and high continuity are important.

Implementing an ERP system can be a significant investment for companies as it offers improved efficiency, cost control and competitiveness. ERP systems are widely used, simplify business processes and improve collaboration.

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