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Erp System in Cvs

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Erp System in Cvs
ERP System in CVS Pharmacy

ERP (Enterprise Resource Planning) software system aims in integrating the vital functions of an enterprise leading to a better communication and flow of data through the different units of an enterprise, regardless of their geographical locations. A standard ERP system constitutes of a software component, hardware infrastructure and a process documentation component. An ERP package integrates several functions like production, finance and accounts, supply chain management, asset management, logistics and many more. Different types of ERP software are available in the market catering to the needs of all types of business and corporate houses. Large global organizations require complex ERP package to support more functions than the small and medium sized enterprises.
CVS Pharmacy is the second largest pharmacy chain in the United States. CVS Pharmacy has more than 7000 stores in 41 states. CVS sells prescription drugs and a wide assortment of general merchandise, including wide range of drugs, beauty products and cosmetics.
There are many ERP Systems that retail companies use because of its benefits and various advantages. CVS Pharmacy uses Infor Enterprise Resource Solutions Software for their needs. They use Infor WMS (Warehouse Management Solutions) for their Warehouse management needs. CVS uses (EAM) Enterprise Asset Management for asset management solutions needs. CVS uses PM (Performance Management) for its performance management needs. Finally, CVS uses Infor HCM Anael HR system for their Human Resource department. The store operations element of the INFOR ERP system takes care of all the operations related to the store management function. The store operations are central to a retail chain like CVS because CVS keeps the majority of their inventory at the stores. Moreover, the store operations are unique this INFOR ERP systems as the other ERP packages do not offer such a comprehensive component like the store operations as
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