Supply Chain Management

Briefly explain ERP and SCM with their benefits and challenges.

by
Briefly explain ERP and SCM with their benefits and challenges.

ERP (Enterprise Resource Planning) ERP is a software system that helps businesses manage and integrate their core processes, such as finance, human resources, inventory, sales, and customer service, into a single platform. Think of it as a central hub where all departments can access and share information in real-time. Benefits of ERP Challenges of ERP … Read more

What are cross-functional enterprise applications? Discuss about SCM (Supply Chain Management) and CRM (Customer Relationship Management) applications in business.

by
What are cross-functional enterprise applications. Discuss the Supply Chain Management and Customer relationship Management Applications

Cross-functional enterprise applications Cross-functional enterprise applications are systems that connect different departments in a business. These applications help share information and improve coordination. They make tasks easier for sales, marketing, production, finance, and customer service teams. These systems remove data silos and allow smooth communication. They improve decision-making and make operations more efficient. Examples include … Read more