How to optimize and improve inventory management in supply chain? Optimizing inventory management in supply chain is a key need for business success. It will improve profits through reduced inventory cost structures. Inventory management in supply chain is critical for distributors as effectiveness in inventory management. It will lead to better sales performance with the […]
An ERP is a business management solution that integrates all functional areas of an enterprise- planning, manufacturing, sales, marketing, inventory control, purchasing, supply chain, customer service, finance, human resources etc. Ideally this should be a single system with centralized storage of data at the core with different dashboards and user interfaces for various functional areas.
An ERP (Enterprise Resource Planning) solution is an integration of business processes and modern technologies to improve operational efficiency and effectiveness in the best manner possible for a business enterprise.