two important type of software
Here are some important English business words for today. Just a note on definitions. I am giving simplified definitions.
MRP. Definition: Material Resource Planning. This is software that helps plan and coordinate production and the materials needed for production. Example: The bottle company was trying to decide which MRP software to buy.
ERP. Definition: Enterprise Resource Planning. This is software that does more than MRP. It includes accounting and financial planning as well. Example: The ERP software was showing that Wanda Automotive was going to run out of screws.
As always feel free to leave comments or ask questions.