Enterprise Resource Planning (ERP)

ERP (Enterprise Resource Planning) is a central software system that brings together key business processes like finance, HR, supply chain, manufacturing, and CRM into one platform. It helps organizations streamline operations, improve efficiency, and make better decisions with real-time insights and standardized processes across departments.

ERP systems ensure data accuracy, promote collaboration, and support strategic planning. This helps businesses use resources better, cut costs, and quickly respond to market changes.

Core Functions of ERP

ERP systems are designed to manage and integrate core business processes, operating on a centralized database for seamless information sharing across departments. The primary functions include:

• Financial Management: Handling money transactions, general ledger, accounts payable/receivable, budgeting, and financial reports.
• Human Resources Management (HRM): Managing employee data, payroll, benefits, training, and hiring.
• Supply Chain Management (SCM): Monitoring inventory, supplier relationships, buying processes, and logistics.
• Manufacturing: Planning production schedules, managing workflows, and improving manufacturing processes.
• Customer Relationship Management (CRM): Managing customer interactions, sales pipeline, marketing campaigns, and customer service.

Read the full article...

Level Up Your Career!

Kickstart your Lean Six Sigma Certification Journey with an Online, on-demand, Lean Six Sigma Yellow Belt training and certification - Only $448.00. Learn More!

Enroll in our Lean Six Sigma Cause and Effect Matrix Online Training for just $29.99. Master prioritization, eliminate defects, and boost efficiency. Get certified and drive impactful improvements. Enroll today!

Read my book "Why they Fail, and the Simple Key to Success"

Learn why over 90% of Lean Six Sigma deployments either fail or quit within 18 months and discover the Simple Key to building a sustainable effort.

Get a FREE copy of my Book!

How Can We Help?

Let us know how we can help meet your training needs. Contact us at training@sixsigmadsi.com or 866-922-6566. We look forward to connecting with you!

Check out our upcoming public enrollment Lean Six Sigma courses HERE.

This newsletter is brought to you by Six Sigma Development Solutions Inc. 

PS: Follow us on Medium and subscribe to our YouTube channel for the latest blogs and updates on upcoming courses and events!