In Part 1 of this blog I discussed how ERP software helps you better manage the “demand” side of the supply chain. Now let’s look at the “supply” side.
One of your most important “supply” functions is purchasing, and using an ERP system helps purchasing become more systematic and efficient:
You can track all of the details against purchase orders, such as pricing, quantities ordered and received, and expected vs. actual delivery dates. This data also lets you monitor supplier performance.