Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Both enterprise resource planning (ERP) and material ...

Material requirements planning (MRP) is a computer-based inventory management system designed to assist production managers in scheduling and placing orders for items of dependent demand. Dependent ...

An inventory manager must be able to develop an effective inventory control system to manage customer demand. The demand for the product will control inventory costs, carrying costs, ordering costs ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...

Manufacturers are turning to their ERP and SCM systems for innovations as they seek to modernize operations. Enterprise resource planning and supply chain management software have been essential tools ...

Food and beverage manufacturers are facing tougher challenges than ever before. Increasing food recalls have led to the demand for better record-keeping and visibility in the global food supply chain.