ERP (enterprise resource planning) is an industry term for the broad
set of activities that helps a business manage the important parts of
its business. The information made available through an ERP system
provides visibility for key performance indicators (KPIs) required for
meeting corporate objectives. ERP software applications can be used to
manage product planning, parts purchasing, inventories, interacting
with suppliers, providing customer service, and tracking orders. ERP
can also include application modules for the finance and human
resources aspects of a business.