ERP
Category: Operations
Also searched as: Enterprise resource planning
Definition (plain English)
Enterprise resource planning software used to manage orders, purchasing, inventory, finance, production, and master data across a business.
Why it matters commercially
ERP data controls what teams believe about stock, cost, supplier terms, landed cost, customer pricing, and invoice reconciliation.
Example
Finance could not close landed cost until the ERP matched supplier invoice, freight invoice, duty entry, and warehouse receipt against the same SKU.
Common mistake
Treating ERP data as automatically correct when SKU setup, units of measure, currency, duty codes, or receipt timing are wrong.
Use this in CommerceKit
Landed Cost
Use tool →Supplier Quotes
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