Enterprise resource planning (ERP) is a process by which a company (often a manufacturer) manages and integrates the important parts of its business.

An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance and human resources.

Enterprise resource planning (ERP) is the integrated management of core business processes, often in real-time and mediated by software and technology.

From one of a leading Indian industry association body via their 2012 survey for the Ready-to-Eat market have posted a very optimistic report and findings. Accordingly, the industry currently at US $ 15 billion is expected to climb double by 2015.

This EchoPx Technologies ERP product indigenously developed is mainly a supply chain management solution.

Being also web based in nature, the product combines the basic operations of Order processing, Purchase, Warehousing, Inventory Management, Manufacturing, Distribution logistics and Production planning.

It consists of 5major modules : –

• Purchase and Vendor management : – It includes the Landing costs based on vendor requirement depot stock and minimum stock levels with lead time required. The module also takes care of Bulk POUs with in-built scheduling
• Demand and Planning : – The module covers the complete stock-to-order processing cycle. It also includes dispatching of goods as per location including multiple locations to customers and dealers.
• Stores and Inventory : – The Stock –In & Stock – Outs and minimal levels are being recorded.
• Warehousing : – The module is useful for various warehouse requirements including dispatch logistics, racking and space optimization data can be maintained.
• Manufacturing : – The module deals with Bill of Materials (BOM)/Recipe based product planning, batch recovery and losses.