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ERP 101: What is Enterprise Resource Planning?
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Business
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12th Grade - University
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Hard
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The video tutorial explains Enterprise Resource Planning (ERP) as a software system that integrates and manages core business processes. It highlights the benefits of ERP, such as cost reduction, productivity, and improved customer satisfaction. The tutorial outlines the steps for successful ERP implementation, including defining requirements, project management, and training. It also discusses the major players in the ERP market, like SAP and Oracle, and the availability of cloud-based solutions for smaller organizations.
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