ERP is short for enterprise resource planning. Simply put, the ERP system is how a company, usually a manufacturer, manages and integrates the important parts of its business activities.
Two things you don’t want to see in your supply chain: producing more than you can sell, or selling more than you can produce. How to strike a balance between the supply and demand? The sales and operations planning process can be the go-to option.
A lean supply chain is the epitome of a highly efficient and effective supply chain. So what is a lean supply chain? How can a lean supply chain help you cut your product and project costs?
What is supply chain management (SCM)? No matter how competent or magnificent your organization is, you still need help from other sources when you need