# It is an abbreviation for Enterprise Resource Planning.
# It is a concept of resource management (resource includes employees, raw materials, finished products,etc) in a firm.
# E ---> Enterprise
# R --->Resource (It can be remembered as 5M's)
1. Material { module: MM and SD}
2. Market {module: SD}
3. Money {module: FICO}
4. Manpower {module: HR}
5. Machine{ module: PP}
# P --->Planning (use of available resources)
# NOTE:
* MM : Material Management module.
* SD: Sales & Distribution module.
* FI-CO: Finance & Controlling module.
* HR : Human Resource module.
* PP : Production & Planning
# It is a concept of resource management (resource includes employees, raw materials, finished products,etc) in a firm.
# E ---> Enterprise
# R --->Resource (It can be remembered as 5M's)
1. Material { module: MM and SD}
2. Market {module: SD}
3. Money {module: FICO}
4. Manpower {module: HR}
5. Machine{ module: PP}
# P --->Planning (use of available resources)
# NOTE:
* MM : Material Management module.
* SD: Sales & Distribution module.
* FI-CO: Finance & Controlling module.
* HR : Human Resource module.
* PP : Production & Planning
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