Describe key objectives of enterprise resource planning (ERP).

Key objectives of Enterprise Resource Planning are given as follows: To provide support for all variations of best business practices; To enable implementation of these practices with a view towards enhancing productivity; To empower the customer to modify the implemented business processes to suit the needs; To help in transforming the enterprise functions to be agile, cost-effective and focused on supporting the business objectives; and To facilitate the organization making prompt and effective management decisions; To support for imbibing best business practices in the business operations; To eliminate repetitive processes and greatly reduce the need to manually enter information; To empower the organization to streamline the business process and thus reduce wastage of resources; To ensure consistency and updation of data; To assist in transforming the enterprise functions to be agile, cost-effective and focused on supporting the business objectives.