ERP systems

In this video you will learn about Enterprise Resource Planning (ERP) systems. These are key components in supply chains.

We cover how such systems can support demand forecast, production planning, managing stocks and orders, managing suppliers. We will see how a process and algorithm called Materials Resource Planning and extensions to this algorithm help you manage your resources including finance, people, facilities and production capacity. You will also understand why a supply chain includes many companies that each run one or more ERP systems. Therefore these need to be connected and collaboration is needed.