Understanding ERP Enterprise Resource Planning (ERP) is a software that controls the finances, manufacturing, reporting,
Read MoreThe primary responsibility of the procurement function is to guarantee the availability of all raw
Read MoreThe strategic management of a company’s relationships with its suppliers is known as supplier relationship
Read MoreFor many years, purchasing was viewed more as a transactional role that involved negotiating a
Read MoreIn order to eventually optimize inventory, it is imperative to have visibility into what the
Read MoreWhat is taxonomy Taxonomy is a classification system that organizes and defines the relationships between
Read MoreThere are consequences to bad quality master data, which impact the organization across functions –
Read MoreWhy is strategic sourcing important? Strategic sourcing can provide considerable benefits to manufacturing companies, the
Read MoreOne of the oldest trends in the world of MRO, often observed in the industry,
Read MoreIndividual MRO resource management is the first step in improving the MRO supply chain management
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