Skip to main content

Enterprise Resource Planning

Warehouse consists of:
  • Receiving
  • Storage
  • Dispatch 
Two types of integration in ERP:
  1. Interdepartment
  2. Intradepartment
IT based transaction processing system for integrated information management and retrieval. It covers strategic, operational requirements of business and it is an approach to plan effective and optimum utilization of resources. It equips management with right information to take timely decisions. It enables organisation to capitalize on information collected during normal course of business and to make informal, far reaching decisions with confidence. It plays a vital role in combating inefficiency; reducing waste and ensuring that workers are better able direct their efforts.

2 ERP packages available:
 1.ORACLE 
 2. SAP- System Application and Products in Data Processing. It is a highly integrated software that can perform common business function.

 Importance of ERP in a supply chain:

The feature-rich working environment of ERP combined with the more streamlined and efficient workflow of an effective SCM can provide a range of important advantages, including:
o   Improved efficiency across multiple departments and organizations working within the supply chain
o   Improved customer service for increased customer retention and greater chance of repeat business opportunities
o   Automation of workflow for reduced overhead and operational costs
o   More flexible supply chain solutions that may be readily adapted to meet the needs of changing circumstances or future business growth and expansion.





Comments

Post a Comment

Popular posts from this blog

Bullwhip Effect and The Importance of Forecasting

BULLWHIP EFFECT It occurs when changes in consumer demand causes the companies in a supply chain to order more goods to meet the new demand. It usually flows up the supply chain, starting with retailer, wholesaler, distributor, manufacturer and then raw material supplier. Can be observed through most supply chains across several industries. An occurrence detected by the supply chain where orders sent to the manufacturer and supplier create larger variance than sales to end customer. These irregular orders in the lower part of the supply chain develop to be more distinct higher up in the supply chain. SIGNIFICANCE OF FORECASTING Businesses have to be on point when it comes to meeting the demand of its customers and ordering the supplies needed to do so. An overestimation or forecasting of demand leads to bloated inventory and high costs. Underestimating demand means many valued customers won't get the products they want. Supply chain management is the process ...
Post a Comment
Read more

Green Supply Chain

As the public becomes more aware of environmental issues and global warming, customers will be asking more questions about the products they are purchasing. Companies will have to expect questions about how green their manufacturing processes and supply chain are, how big their carbon footprint is, and how they recycle. Levi’s want their products to be part of a sustainable global movement. That’s why the factories that make their clothes must adhere to their Terms of Engagement. These Terms define labor, health, safety and environmental guidelines to help ensure the safety of apparel workers and communities in which they live and work. They also set out employment standards and specifically address issues of child labor, forced labor, disciplinary practices, working hours, wages and benefits, building integrity, freedom of association, discrimination, and health and safety To form the Better Cotton Initiative, they joined forces with other brands...
1 comment
Read more