Description
Enterprise Resource Planning (ERP)
Using scholarly material, explain how Enterprise Resource Planning (ERP) Systems mitigate risk and assist in organizational decision making. In addition, explain why mitigating risk and making better decisions are essential to operational efficiency.
The paper must follow the APA format rules, and contain a title page, five scholarly references, 4 to 5 pages of content, and a reference page.
Introduction, Conclusion, and subheadings are mandatory
No Plagiarism
APA
Explanation & Answer
Hi there,Kindly have a look on the attached file for a complete response to your question.Feel free to let me know in case something requires my attention.Regards,Ms Talia
Running Head: ERP
1
Enterprise Resource Planning (ERP)
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ERP
Introduction
Enterprise resource planning (ERP) is an integrated management of core business
processes in real time and through technology platform. Since its inception into the world of
manufacturing in the early 90’s, the system has grown to virtually manage every other aspect of
a business, be it an organization, corporate or a small business, the use of ERP is vivid and it
encompasses all corners of business operations. This system ensures tracking of all data related
to the business operations is maintained and interlinked to produce effective manner of exerting
control and efficiency throughout the whole management process. Through this connection of
department via the available database, the system can easily share valuable information in a
timely fashion from the accounts right to the shareholders.
ERP provides an error free management of organizational resources, and it is for this
reason why the system has been hugely adopted to clear the way for effective and efficient
management at every level. Initially, the system was crafted and enrolled within the
manufacturing sector to track the core process of purchasing, producing, warehousing,
marketing, inventory management, and accounting. However, as the rolled by, several other nonmanufacturing industries o...
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