ERP System - An ERP System
Resources Planning - The ERP Advantages Resource planning allows an organisation to manage resources efficiently and plan to deploy assets to meet them. ERP systems are needed when an organisation wants to track and control its resources, including on- and off-hold assets, and scheduling. Whether an organisation needs to track a shortage of parts or not, it can follow procedures that track its resources. It can also provide information for cash flow planning or business process optimisation accounting needs. ERP resources planning leads to a better use of capital thanks to the ability to better predict resource requirements and quote against them. An ERP system helps a business manage routing of and delivery of materials by tracking the location of promised items. Retailers are able to calculate inventory and inventory holding cost by automatically restructuring business process optimisation orders to meet seasonal patterns and sales volume. ERP provides great visibility for exec...