What is Enterprise Resource Planning (ERP)?

[@ScholasticMaths]

🎯 Key points for quick navigation:
00:05 *ERP integrates all core business operations like finance, HR, manufacturing, and supply chain into a single platform.*
00:31 *Provides transparency by tracking logistics, financials, and production, allowing customizations for industry-specific needs.*
01:13 *ERP consists of integrated modules or business applications that share a common database and communicate with each other.*
02:08 *On-premise ERP is hosted on-site, offering complete control but requiring maintenance and security responsibility.*
02:34 *Cloud-based ERP provides flexibility by enabling access from anywhere with an internet connection.*
03:30 *Hybrid ERP combines on-premises and cloud deployments, allowing flexibility between centralized and distributed operations.*
03:57 *Open source ERP is often low-cost, suitable for small businesses, but requires technical expertise for setup and maintenance.*
04:26 *ERP improves accuracy, productivity, reporting, efficiency, and cross-department collaboration, ensuring data security.*
06:32 *ERP projects can be complex and costly with a risk of failure due to complex business processes and lengthy deployment periods.*
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[@Educationleaves]

Thank you so much 🤝🤝

[@patthapelo2192]

I'm enjoying this channel

[@michaelkabundi2245]

I like this ERP summary

[@SkaeFall]

exellent clarification wow!

[@shrikantpanchal8454]

Very nice ERP explained . Nice Animation and visualization 👌👌👏👏⚡👏

[@Educationleaves]

Thanks a lot 😊

[@shamitabhonsle9063]

wonderfully explained! 👍

[@Educationleaves]

Glad you liked it 😊

[@shai1254]

Nice video and animation! I think you should use your voice to enhance the video more.

[@hk4848]

Good one

[@eresourceerp]

Very Informative ... !!!

[@ramsthoughtsandtalks1523]

Excellent

[@hk4848]

Can you also make a video on what are the most common problems faced by companies who have already installed erp systems yet not able to get their systems and flow correct

[@fcm3040]

Mapping issues (migration from old to new system), integration with other software solutions, business processes that are not correctly feasible (so, a workaround should be developed)

[@harshshah9006]

Thanks❤

[@loveking9423]

I have one doubt in this, what are item codes using in the buying modules?

[@janinduchamindi1750]

thank you so much

[@naveennair1133]

Thank you sir 🙏

[@lemondozi1792]

Thank you

[@Educationleaves]

You're welcome

[@praveen2381991kumar]

Fully content super

[@inspiretigray5188]

Thank you🙏

[@Educationleaves]

You’re welcome 😊

[@KahakkCouncil]

Fara yusof is here

[@hermishah9172]

Mantap bang jarang x padu

[@NurAnis-z2d]

thank you.

[@Bhaskararaosanapala123]

Erp lo grn return please tell me sir

[@Haritha.kHaritha.k-px2yr]

Sir hr bussiness management subject nokkinokko

[@ramaraomaddi3018]

Thanks and pls say free tier link for learn

[@GusEdmund-d3j]

Sydni Highway

[@MotiLal-pi2cs]

Me 0:55

[@AntoinetteFanny-l8s]

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[@Fry_Cook]

couldn't afford a voice actor? Shake this video seemed to be the perfect length

[@semarya881]

Thank you so much

[@marianusbria]

Thank you