ERP is a business executive programming that is actualized by numerous business houses to expand their profitability and execution. It is an amazing business apparatus. It is utilized to gather, store, oversee and decipher information from numerous business exercises like Product arranging, cost, Manufacturing or Service conveyance, Marketing and Sales, Inventory the executives, Shipping and installment, and so on.
ERP programming is exceptionally helpful for the enormous association. It comes in numerous modules:
Each ERP programming module has its own utilitarian zone and is utilized by the association for better profitability and execution.
Highlights of ERP frameworks
The fundamental element of an ERP framework is a shared information base that bolsters various capacities utilized by various units. For instance: Accounting and deals can depend on similar data.
Time and Cost are the significant variables that should be considered before purchase or actualizing an ERP framework. The execution can require a while to a couple of years. The expense is likewise not fixed and differs based on your prerequisites and the highlights given by the merchant. Along these lines, it is prudent to altogether investigate the seller's ERP bundled modules, highlights, and supporting framework before executing the ERP.
Acronym | Full Form |
---|---|
ITC | Indian Tobacco Company |
ITC | International Trade Center |
BPL | British Physical Laboratories Group |
CST | Chhatrapati Shivaji Terminus |
CTS | Cognizant Technology Solutions |
AAI | Airport Authority of India |
ABP News | Ananda Baazar Patrika News |
ACC | Associated Cement Companies |
ACS | American Chemical Society |
ADIDAS | Adolf "Adi" Dassler |
AHRC | Asian Human Rights Commission |
AIAAA | American Institute of Aeronautics and Astronautics |
AMC | American Motors Corporation |
AMUL | Anand Milk Union Limited |
AMW | Asian Motors Works Limited |
AT&T | American Telephone & Telegraph Company |
AYUSH | Ayurvedic, Yoga, and Naturopathy, Unani, Siddha, and Homeopathy |
BARC | Baba Atomic Research Center |
BBC | British Broadcasting Corporation |
BCCI | Board of Control for Cricket in India |
BIFR | Board of Industrial and Financial Reconstruction |
BIS | Bureau of Indian Standards |
BMW | Bayerische Motoren Werke |
BPO | Business Process Outsourcing |
CBSE | Central Board of Secondary Education |
CEO | Chief Executive Officer |
CID | Crime Investigation Department |
CISF | Central Industrial Security Force |
CRISIL | Credit Rating Information Services of India Limited |
WWF | World Wide Fund for Nature |
WWF | World Wrestling Federation |
WIPRO | Western India Products |
CRPF | Central Reserve Police Force |
DHL | Dalsey Hillblom Lynn |
DIG | Deputy Inspector General |
DLF | Delhi Land and Finance |
DRDO | Defence Research and Development Organization |
DS Group | Dharampal Satyapal Group |
DST | Department of Science & Technology |
DVC | Damodar Valley Corporation |
EPFO | Employee Provident Fund Organization |
FBI | Federal Bureau of Investigation |
FCI | Food Corporation of India |
Global Organization of Oriented Group Language of Earth | |
FIFA | Federation Internationale de Football Association |
LG | Lucky Goldstar |
OEM | Original Equipment Manufacturer |
FMCG | Fast-Moving Consumer Goods |
FSSAI | Food Safety and Standards Authority of India |
GAIL | Gas Authority of India Limited |
HP | Hewlett-Packard |
HUDCO | Housing and Urban Development Corporation Limited |
IATA | International Air Transport Association |
IB | Intelligence Bureau |
IBM | International Business Machines |
IBPS | Institute of Banking Personnel Selection |
ICWA | Indian Child Welfare Act |
ICWA | Institute of Cost and Works Accountants of India |
IEEE | Institute of Electrical and Electronics Engineers |
IFFCO | Indian Farmers Fertilizer Cooperative Limited |
IIFL | India Infoline Finance Limited |
IIT | Indian Institute of Technology |
WEF | World Economic Forum |
USSR | Union of Soviet Socialist Republics |
UNICEF | United Nations Children's Fund |
UGC | University Grants Commission |
TOI | Times of India |
TAFE | Tractors and Farm Equipment |
SWAT | Special Weapons and Tactics |
SOS | Save Our Souls |
SAP | systems, applications, and products |
RAW | Research and Analysis Wing |
PVR | Priya Village Roadshow |
ONGC | Oil and Natural Gas Corporation |
NTPC | National Thermal Power Corporation |
NSDL | National Securities Depository Limited |
NDTV | New Delhi Television |
NCERT | National Council of Educational Research and Training |
NCC | National Cadet Corps |
NATO | North Atlantic Treaty Organization |
NASA | National Aeronautics and Space Administration |
NABARD | National Bank for Agriculture and Rural Development |
NAAC | National Assessment and Accreditation Council |
MTNL | Mahanagar Telephone Nigam Limited |
MPEG | Moving Picture Experts Group |
LIC | Life Insurance Corporation of India |
L&T | Larsen and Toubro |
KRA | Key Result Area/Key Responsibility Area |
KPMG | KLYNVELD PEAT MARWICK GOERDELER |
KFC | Kentucky Fried Chicken |
KEI | Krishna Electricals Industries Limited |
JK Tyres | Juggilal Kamlapat Ji Tyres |
JBL | James Bullough Lansing |
ITI | Industrial Training Institute |
ISRO | Indian Space Research Organization |
ISO | International Organization for Standardization |
ISI | Indian Standards Institute |
IRCTC | Indian Railways Catering and Tourism Corporation |
IPI | International Press Institute |
IPCC | Integrated Professional Competence Course |
IOC | International Olympic Committee |
IMA | Indian Military Academy |
IMA | Indian Medical Association |
IL&FS | Infrastructure Leasing & Financial Services |
NCRTC | National Capital Region Transport Corporation |
UPI | United Press International |
UIDAI | Unique Identification Authority of India |
PPP | Public-Private Partnership |
ANM | Auxiliary Nurse Midwife |
ASEAN | Association of Southeast Asian Nations |
KPO | Knowledge Process Outsourcing |
POS | Point Of Sale |
CCC | Civilian Conservation Corps |
SOP | Standard Operating Procedure |
CFO | Chief Financial Officer |
PMF | Presidential Management Fellows Program |
IRDP | Integrated Rural Development Programme |
PFMS | Public Financial Management System |
CMS | Centers for Medicare and Medicaid Services |
CFT | Combating the Financing of Terrorism |
AIIMS | All India Institute of Medical Science |
BRICS | Brazil, Russia, India, China and South Africa |