15.05.2020

The Potential of ERP Amid a Pandemic

The Potential of ERP Amid a Pandemic As we know, today the whole world is fighting against the global problem, COVID-19, which has negative impacts on the most of sectors. At the same time this lockdown period surely gives a new opportunities of developing ERP, automatization and work on remote access.
 “Business processes need to be re-evaluated as this situation has turned the supply chain on its head,” said Steve Dombroski, senior manager for the consumer, food and beverage market at QAD, a provider of adaptive ERP software. “Traditional methods of building safety stocks and buffer inventories have been replaced with Just-In-Time (JIT) item location forecasting to minimize re-deployment of inventories and to minimize inventory costs. Running JIT on inventories down and upstream through the supply chain caused delays.” This points to the need for manufacturers to address adaptability across the supply chain. “Manufacturing companies utilize two supply chains today; the physical supply chain consisting of all products and the digital supply chain that contains all information. Synchronizing both supply chains with all manufacturing, distribution, and procurement processes will enable companies to be flexible and agile.
For more information follow the below link please:
https://www.automationworld.com/covid-19/article/21124819/the-potential-of-erp-amid-a-pandem


 

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