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What is the difference between ERP, Supply Chain Management and CRM

SYSPRO Smarter ERP

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. The post What is the difference between ERP, Supply Chain Management and CRM appeared first on SYSPRO Blog. What is ERP?

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How AI and Machine Learning Changed Procurement Management

CLX Logistics

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

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Inbound vs. Outbound Logistics: Understanding the Key Differences and Optimizing the Last Mile

Locus

Inbound logistics deals with the movement of materials and inputs from suppliers to the company, while outbound logistics deals with the movement of finished products from the company to customers or distribution channels. Focus Procurement, receiving, storage, and inventory management.

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Everything You Need to Know About Inventory Management

3PL Links

The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. The supplier manages every aspect of the process, so the retailer need not worry about product storage, management, or shipment.