Group items tagged

Some pundits have opined that ERP (Enterprise Resource Planning) or ERM (Enterprise Resource Management) is dead and that Lean replaces it. That’s like saying that the car chassis is replaced by the new engine. ERP is the backbone system of a modern enterprise. Lean is a management philosophy, with supporting tools and techniques to run a business much faster, cheaper—better. They are NOT mutually exclusive, but Lean ERP must differ from the traditional approach. The chassis needs some design changes.

One of the more pervasive changes in the manufacturing environment is the implementation of enterprise resource planning (ERP) systems. Manufacturing planning and control (MPC) is now embedded in ERP systems in a great number of organizations. This both increases the opportunities for effective management and the complexity of integration required. No MPC activity can now ignore the pervasiveness of ERP systems.

google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad); Essay on Supply Chain Management: Challenges of the Supply Chain Management The main goal of any business concern is to meet the two broad objectives of reducing cost and obtaining the maximum customer satisfaction. If the business world was a quiet and fully predictable environment, these objectives can be met easily.

The unmanageable and manageable categories are, large complex supply chains having hundreds of unexpected events occuring every day, generating the need to trigger hundreds of re-planning cycles to maintain a constant balance between demand and supply. With this perspective in mind, probably the magnitude of the gap that exists between current Supply Chain Management processes and full Supply Chain Management optimization is very high.

Our experts predict several areas of the industry will experience significant growth over the next five years. Reverse outsourcing, verticalization, emerging markets, business analytics, healthcare, transportation, and ERP are some of the areas that will enjoy increased attention.