what does mrp/ erp stand for
What is ERP? ERP stands for enterprise resource planning. An ERP system helps companies integrate and manage all their financial, supply chain, manufacturing, operations, reporting, and human resources activities. ERP systems can be deployed on-premises, but automated, cloud-based solutions are becoming more popular every year. Have a question?
Common ERP Modules. 1  Purchase orders (PO) 2  Financial Accounting and controlling. 3  Manufacturing Resource Planning (MRP) 4  Customer Relationship Management (CRM) 5  Human Resources (HR)