Improving Supply Chain Management of a Distribution Firm Using ERP System

Abstract

This research deals with how the Supply Chain Management of a Distribution company can be improve by using the ERP System. Efficient Supply chain management has prominent role in placing the company at competitive advantage & enhances the productivity of firm. Supply chain management is the strategy which aims for decreasing the costs & enhancing the customer satisfaction. ERP is considered to be Productive instrument for the company which fits as per the need of consumer & distributors. ERP provide the quality system, user satisfaction and system usage. It helps in better planning; decision making and increases the overall performance of the organizational performance. Efficient time management is also provided by ERP.

Exploring the nexus of artificial intelligence in talent acquisition: Unravelling cost-benefit dynamics, seizing opportunities, and mitigating risks

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Streamlining Business Operations through ERP Implementation

“…U. Khan, et al (2022) evaluates ERP systems' impact on supply chain management (SCM) for distribution firms using surveys and data analysis. Results show significant improvements in SCM operations, including automation reducing errors and improving decision-making, enhanced record keeping aiding in forecasting, and time management efficiencies leading to cost reductions.…”

“…Results show significant improvements in SCM operations, including automation reducing errors and improving decision-making, enhanced record keeping aiding in forecasting, and time management efficiencies leading to cost reductions. Despite benefits, challenges such as initial costs, staff training, and potential disruptions during integration need consideration, highlighting the importance of system customization, scalability, and ongoing maintenance for ERP effectiveness in SCM [4]. Nazar Koval, et al (2022) applies SARIMA models to forecast milk procurement volumes in rural areas using the Mito platform for data preparation and model selection.…”

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