Betty Grable. Betty Grableâs legs was the beginning of a rush of celebrity leg insurance which has since taken in ballet dancer Rudolph Nureyevâs rather more muscular legs, insured for a then-considerable $34,000, Michael âRiverdanceâ Flatleyâs legs, and in 2006, soccer giant David Beckhamâs legs, insured for a cool Â£100m.
Enterprise resource planning (ERP) is a cross-functional enterprise system driven by an integrated suite of software modules that supports the internal business processes of a company.
DEFINITION of 'Enterprise Resource Planning-ERP'. 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, human resources, etc. Next Up.RP is most frequently used in the context of software. As the methodology has become more popular, large software applications have been developed to help companies implement ERP in their organization.