Definition
The core business software that runs a company's transactions in one integrated database — purchasing, inventory, sales orders, finance and often manufacturing. In a trading business the ERP is where purchase orders on foreign suppliers, landed-cost calculations and stock records live, with logistics systems like a WMS or TMS feeding it. Well-known examples range from SAP and Oracle to SME-focused systems like Sage and Syspro (the latter South African-born).
Frequently asked questions
What is ERP (Enterprise Resource Planning)?
The core business software that runs a company's transactions in one integrated database — purchasing, inventory, sales orders, finance and often manufacturing. In a trading business the ERP is where purchase orders on foreign suppliers, landed-cost calculations and stock records live, with logistics systems like a WMS or TMS feeding it. Well-known examples range from SAP and Oracle to SME-focused systems like Sage and Syspro (the latter South African-born).
Which glossary terms are related to ERP (Enterprise Resource Planning)?
ERP (Enterprise Resource Planning) is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Bonded Warehouse (SOS/OS) — each has its own plain-English definition in the TradeCaravan glossary.