What exactly does ERP really mean? In this TLA (Three Letter Acronym) post and video, I’ll explain the technical term in a way everyone can understand.
ERP stands for Enterprise Resource Planning. Those three words combine to make a rather complex term that encompasses a very simple philosophy. If you own a business with different departments like: inventory, HR, sales & marketing, and accounting, and all those areas use different software and equipment, it’s difficult for them all to communicate effectively.