This article will explore the relative advantages of acquiring and implementing a fully-integrated ERP software system rather than buying application software based on a best-of-breed solution approach.
A typical manufacturing or distribution enterprise will need the following types of functionality:
- Financial management and reporting;
- Inventory management, purchasing, and order management;
- E-commerce;
- Customer relationship management;
- Manufacturing planning and execution;
- Warehouse management;
- Forecasting and planning; and
- Decision support and business intelligence.
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