What is Enterprise Resource Planning?


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loise jot Profile
loise jot answered

A process by which a company manages the important parts of its business including: Product planning, cost. Manufacturing or service delivery. Marketing and sales.

Chips Ters Profile
Chips Ters answered

Currently, only 48.5% of businesses are still open five years after starting up . Taking a company from startup to small business is a real challenge , you can do it with . And it takes more than just a strong marketing strategy, a steady cash flow or a high amount of funding. Efficient management and resource planning are just as important for small businesses survival.

Most companies start off on a small budget. That’s why, often, small business owners’ best strategy is to make the most of what they got. Resource management becomes very important and it all starts with strong resource planning.

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