Q8E-Commerce and ERP
Question
2 marks
List the main modules of an ERP system.
Answer
The fundamental architectural modules of an ERP include Financial Management, Human Resources (HRM), Supply Chain Management (SCM), Manufacturing, and Customer Relationship Management (CRM).
An ERP system is highly modular. The Financial module tracks the general ledger. The Manufacturing (MRP) module strictly calculates raw material requirements. The HR module handles payroll, and the SCM module aggressively tracks global logistics. All modules read and write to the exact same centralized database.