ERP Systems for Supply Chain | Get Solution Now
Enterprise Resource Planning systems (ERP) used for supply chain management can automatically create demand when orders are received. ERP systems streamlines supply chain management by creating effective job scheduling. ERP systems ensures that production policies are consistent with demand, replenishment is done at the right time, and inventory is lean. Use of information technology in ERP systems provides improved visibility and accountability. It allows companies to have better control over product flow and information flow across the supply chain. Due to the Covid pandemic it is unrealistic to think that in some future period business will return to where it was. Some things will remain the same but for many people, the new abnormal will be different from their pre-pandemic experience. Accepting the need for change is a first step. Businesses, particularly manufacturers and distributors, will need to be adaptable as economies start up again. They almost certainly wont be able to re-institute all the processes that existed before the pandemic began. Business Process Reengineering (BPR) is the fundamental rethinking and radical redesign of business processes of an organization to achieve dramatic improvement in critical contemporary measures of performance such as cost, quality, service and speed. How would you manage the need to re-assess the supply change processes and information technologies used for a large global corporation that has been experiencing critical supply chain shortages?
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