Definition
ERP stands for Enterprise Resource Planning. It's a type of software system used by organizations to manage and integrate core business processes. Here's a concise definition: ERP is an integrated suite of business management applications that allows an organization to use a system of interconnected modules to manage various aspects of its operations, including: Finance and accounting; Human resources; Manufacturing; Supply chain; Procurement; Project management; and Customer relationship management (CRM).
Learn more about ERP
Good supply chain network design helps to ensure that enterprises are performing properly at each stage of their supply chain with respect to the supply chain as an end-to-end whole.
The ERP system sits at the center of the other supply chain systems and the overall connectivity. As the source of truth, this is where the foundational data should be stored.
If you have committed to an ERP project, waiting to address the data portion of the project can lead to frustration and delays.
Adding innovation planning and goal setting into operations performance metrics and evaluating technology hype cycles, best practices and ROI, both financial and competitive, are critical to business strategy.
The top takeaway is that roles remain highly manual when digitalizing should be the norm.
Experience indicates that with each decade, there are pronounced disruptions that shake the structure of the market that supply network leadership must respond to (carpe diem).
In many industries, demand has never been more volatile and unpredictable than during the COVID-19 pandemic. Here are seven actions to drive demand planning despite an unprecedented crisis.
Leaders and innovators are now focused on enterprise supply networks and managing an ecosystem. Where are you on the journey?
The promise of supply chain planning technology is real, but the hype is daunting. A holistic and well-structured technology enablement process can help you navigate the jargon to choose the best technology solution for your most challenging…
Supply chain visibility is a reality ...... finally?
