ERP: ERP accommodates a variety of business activities, including sales, marketing, delivery, billing, production, inventory management, quality management, and human resource management. It is often referred to as a back office system suggesting that customers and the general public are not directly involved with its functions. The major components of ERP includes
- Financial Accounting
- Order Manager
- Point of Sale
Planning: Planning deals with all planning related activities in the SCM ecosystem. This block includes supply, demand, production and distribution planning functions.