How are enterprise resources planning (ERP) systems related to supply chain management (SCM) systems

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05-07-2022
Business

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How are enterprise resources planning (ERP) systems related to supply chain management (SCM) systems

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dubeyshailja64 dubeyshailja64 · Answer 1 · 2022-07-09T02:43:10-04:00

Enterprise resource planning helps supply chain management with a better estimation of future events and helps them in managing their inventory.

What is supply chain management?

Supply chain management help to maintain the distribution or movement of material in converting the final products based on customer needs and market preferences.

Enterprise resource planning helps organizations estimate future events and smooth operations in the business process. It helps in optimum utilization of resources by forecasting to achieve better efficiency in business.

This helps SCM to maintain the movement of goods and services based on trends in the market and forecasting demand to continue an adequate supply of goods and services.

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What is supply chain management?

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