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What Is ERP?

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ERP stands for Enterprise Resource Planning. This is one of the most important asset for any organization who wants to build a centralized platform. Before we get it in to the details of ERP, let me give you an example where everyone can understand why ERP application is a key resource for all the organizations. Ravi started a small business who is selling Delicious sweets to his customers which are made in his home located in Chennai. To make sweets, he needs lots of raw material such as Sugar, Milk, Oil, Ghee, Gas etc. Since it is small business he used to update all his transactions like Purchasing raw material and sales orders in an excel sheet. Initially, he takes care of all the work which is related to cooking, cleaning and delivering items to the customers. All his customers are very happy and they started referring his products to their relatives and friends who are residing nearby cities. His business has experienced exponential growth in the last few months, and revenues hav