ENTERPRISE RESOURCE PLANNING - ERP FOR BUSINESS AND KNOWLEDGE MANAGEMENT

Laurenþia Elena Scurtu () and Valeriu Lupu ()
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Laurenþia Elena Scurtu: ”ªtefan cel Mare” University, Suceava, Romania
Valeriu Lupu: ”ªtefan cel Mare” University, Suceava, Romania

The USV Annals of Economics and Public Administration, 2016, vol. 16, issue 1(23), 145-153

Abstract: This article presents the advantages of using the most modern information technologies to support business objectives and to provide a real support in transforming the company's internal processes through the implementation of an ERP suitable solution. ERP systems are the right IT solution for the management of company’s resources, regardless their size, they are integrated systems that optimize and simplify the internal business processes. ERP systems supports operations from important areas such as distribution, retail, manufacturing, medical, pharmaceutical, agriculture, energy or services. The main advantages on the implementation of an integrated ERP in a company are: reducing operating costs; improving sales processes; increasing the level of orders fulfillment; improving cash flow; store optimization and more important facilitating the decision making process and knowledge management processes.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:16:y:2016:i:1(23):p:145-153

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