Enhancing Supply Chain Efficiency and Performance Through ERP Optimisation Strategies

Abstract

 As the supply chain environment has become very complex, there is a need for integration of ERP systems into Supply Chain Management. ERP enables enhanced management of material, information and financial flows in supply chains to meet important societal demands like demand volatilities, globalisation and sustainability, as analysed in this paper. The areas selected, production planning, inventory, and financial control, are evaluated to determine how ERP can improve operations and communication. Middleware and specific IT solutions for integration are mentioned, as well as problems in technical & organisational integration and data handling. The study also outlines measures of enhancing visibility, demand and real time decision making. A comprehensive review of the literature outlines the current trends, challenges and development in the integration of ERP-SCM. The results provide a solid basis for further research and improvements by highlighting the revolutionary potential of ERP systems to improve operational excellence and supply chain agility.

Keywords: supply chain management, ERP systems, Enterprise Resource Planning, Supply Chain, Optimization Strategies, Suppliers, Demand Variability