In: Operations Management
How would enterprise resource planning (ERP) systems differ between service and manufacturing enterprises?
Here we will get into the topic where we will discuss how enterprise resource planning systems differentiate between service and manufacturing enterprises.
Before we get into any further details, we need to understand the meaning of enterprise resource planning system, ERP or enterprise resource planning system is that kind of software that connects all the aspects of enterprises related to services to the manufacturing together to make sure that there is no gap between the parts. ERP or enterprises resource planning system managers all the variants of service and manufacturing-related works. It helps in establishing the integration between the various elements.
In the service sectors enterprises, resource planning system helps in the proper establishment of cash flows and other management-related items which are necessary for the service sector or service enterprises, whereas, on the other part, enterprises resource planning system helps in the establishment of innovations and development in the production process during the manufacturing enterprises.