What is Supply Chain Management? Why is it important?
Supply Chain Management (SCM) is an important part of every organization, whether small or large. It is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. SCM also deals with the movement and storing of materials needed to create a product, as well as inventory management, and keeping track of finished goods from where they were created to who they go to.
Modern supply change management encompasses the strategic alignment of end-to-end business processes to reali...
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supply chain management
Supply chain management is one of the most necessary process in an organization. Find out how supply chain can be optimized using ERP by reading the article below:
Spectrum ERP has helped many in making their business more efficient , it can help you too. Know more
How Technology impacted Supply Chain
Supply chain management is a crucial term that emerged in business in the 21st century. The term was there way before the 21st century, the reason why it gained popularity recently is the advancement of technology that took place in the past 15-20 years. The term supply chain management is mostly attributed to large corporation, however, every business has a supply chain. Every business has suppliers, purchasing, production, distribution, and finally customers hence every business needs a reliable and robust supply chain that helps them in avoiding bottlenecks. This can be done by utilizing ...
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Optimize your supply chain with ERP best suited for you
A supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer. Management of supply chain is necessary to make a business efficient. Most supply chains have greatly expanded due to the proliferation of computer networks and Internet tools and technologies during the past two decades. An optimized supply chain stays lean, manages costs and perhaps most critically responds instantaneously to even minor fluctuations in demand.So how can ERP in supply chain management help?
Spectrum ERP in Supply chain...
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