ERP

An ERP connects management functions such as inventory, purchasing and accounting around shared data.

How it works

Its modules apply common business rules. Exchanges between modules must maintain consistency, access control and transaction traceability.

A distributor could connect a goods receipt to inventory updates and the administrative handling of its order.

Fewer discrepancies between systems and more consistent operations.

Implementation changes working practices and may require costly migration, training and customization.

Not necessarily. Map dependencies and compare a phased module rollout with a full replacement, including recovery options.