ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Electronic Commerce
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Electronic Data Interchange
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Barcode Scanning
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Data Warehouse
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Enterprise Resource Planning
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Detailed explanation-1: -ERP system has now become the processing tool of many companies. They grab the data and minimize the manual activities and tasks related to processing financial, inventory and customer order information.
Detailed explanation-2: -An ERP software system is a set of integrated applications or modules for managing a company’s core business processes – including finance and accounting, supply chain, HR, procurement, sales, inventory management, and more.
Detailed explanation-3: -ERP systems unify critical business functions like finance, manufacturing, inventory and order management, customer communication, sales and marketing, project management and human resources.
Detailed explanation-4: -ERP can significantly improve supply chain processes by making them more scalable, efficient and easy to manage. These systems help businesses integrate data from across the supply chain, streamline and automate key processes and gain better supply chain visibility to help improve efficiency and respond to problems.