Supply Of Supply Chain Management

2046 Words Oct 11th, 2016 9 Pages
Supply Chain Management involves the process of managing, monitoring, controlling and constantly coordinating supply related activities among manufacturers, suppliers, wholesalers, retailer and the consumers. All this is done while integrating supply management with demand management, not only within but also across companies. Since all the processes involved in managing supply chain activities require a robust system in place, every company turns to technology for efficient and effective synchronization and smooth deployment of processes along with careful alignment of resources for timely completion of supply related activities.
One such system that allows firms to manage business and operations and automate time-consuming manual tasks is Enterprise resource planning system, which now is being integrated with supply chain management by companies worldwide so that they can enjoy access to all streamlined information related to various functions in the organization on one platform, thereby saving time and cost. There are countless benefits of ERP within the firm, most of which are related to allowing the employees in the firm to familiarize themselves with an efficient streamlining process that not only brings activities in order but also helps tracking loopholes a lot easier and fun. It is not only the fun use of technology that inspires the employees but also the clearly defined roles and responsibilities that prevent employees from falling into each other space and…
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