I covered the basics of ERP previously, and thought I'd move on to supply chain management (SCM), which we're also featuring in tomorrow's TEC Newsletter (go to Newsletter archives), with lots of white paper goodness, to boot.
What is SCM?
Supply chain management (SCM) systems coordinate the movement of products and services from suppliers to customers (including
effective production management system
and disaster. Why An Effective SCM Evaluation Process is Vital IT disasters are not just for SMBs. Even the biggest companies in the world can trip over their supply chains. In May 2001, Nike announced that sales for the preceding quarter had been $100 million (USD) lower than expected. The official reason, according to Nike? Confusion in its supply chain. What’s more, as soon as Nike announced its supply chain breakdown, the company's stock plummeted 20 percent—making a $100 million loss look nearly