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Tag - Enterprise Resource Planning (ERP) - Operations Management

Enterprise Resource Planning (ERP)

Enterprise Resource Planning (ERP) An enterprise is a group of people with a common goal, which has certain resources at its disposal to achieve this goal. The enterprise acts as a single entity. This view of a company or organization is drastically different from the traditional approach where the organization is divided into different units based on the functions they perform. So we have a manufacturing or production department, production planning department, finance department, purchasing department, sales and distribution department, [...]