Enterprise resource planning
Advanced planning and scheduling
Strategic planning
Planning and budgeting
Characteristics
Functional areas
Product planning and purchase
Manufacturing or service delivery
ERP financial software systems
Marketing and sales
Inventory management
Shipping and payment
Finance
Business-management software
Components
Best practices
Connectivity to plant floor information
Direct integration
Database integration
Enterprise appliance transaction modules
Custom–integration solutions
Implementation
Process preparation
Configuration
Two-tier enterprise resource planning
Customization
Extensions
Data migration
Comparison to special–purpose applications
Advantages
Benefits
Disadvantages