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Define Enterprise Resources Planning System
The challenges that face the business in this changing world are becoming more and tougher. The application of ERP system in a business enriches its competitiveness. ERP gives organizations a vehicle to manage information and use it to their advantages. ERP users can gain competitive advantage from its ability to centralise corporate data and facilitate decision-making. ERP systems also allow users to turn on and off functionality as needed to adapt quickly to changes in their business, where a customized application has to be rebuilt. With an ERP system, it can be seen that once it is customized and fit to the needs of an organization, it will more than likely give the organization a competitive advantage.
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