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Making Sense of Supply Chain 4.0

Material Handling and Logistics

The trouble with this definition is that it doesn’t explain what exactly changes in supply chain management—that is, what gets “transformed”—when digital technologies are adopted. Since there didn’t seem to be a clear definition of digital supply chain transformation available, I developed one from first principles.

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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. Because information is centralized in one system, an ERP eliminates duplicate entries and maintains the latest, most up-to-date data on a single platform.

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Supply Chain Glossary of Terms

Logistics Bureau

ABC System: A cost management system that maintains operational and financial data relating to an organisations activities, resources, objects, drivers, and measures. Action Message: An alert generated by a materials requirement planning (MRP) or distribution requirements planning (DRP) system. Demand Satisfaction Rate. See Fill Rate.