Many large businesses use software to manage multiple areas of their company. Enterprise Resource Planning is a management software that many companies implement to manage processes like marketing and sales, shipping, inventory management, and manufacturing. A database management system in ERP compiles and tracks information such as payroll and purchase orders, and even monitors resources like cash and raw materials. It helps maintain error-free transactions and facilitates production in various areas of a company.
ERP can be compared to warehousing and distribution management systems like DCMS, which also keeps track of inbound and outbound inventory transactions. Some warehouse managements systems use data capture technology such as barcodes and wireless LANs to track products as they ent Read More