Answer Posted / ratnakar reddy k

ERP stands for enterprise resource planning.To elobarate,
An enterprise means a business setup,Resources means many
like men,machine,money etc, planning means a frame work to
carry out the tasks.
So Generally there are lot of ERP package vendors in the
market like,SAP,Oracle,BANN,JD Edwards,SIEBEl etc.Each
vendor is specialized in one or many resources.SAP comes
under ERP Package which gives business solutions to a
business setup in all areas like Finance,Sales,Costing and
materials etc.

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