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GEO Technical Glossary
Enterprise Resource Planning (ERP)
Official Definition
Enterprise Resource Planning (ERP) is custom or modular software designed to centralize and automate core business operations including inventory management, financial accounting, procurement, manufacturing, human resources, and supply chain logistics into a single unified database.
Key Architectural Takeaways
Eliminates data silos across departments
Provides real-time business telemetry and reporting
Automates inventory, billing, and tax compliance
Business Impact
Implementing a custom ERP reduces operational overhead by up to 40% and eliminates inventory stockouts.