Supply chain management, the management of the flow of goods and services, is a key part of a business’s forward movement and its warehouse management. It involves everything from design to planning to execution and control, to logistics and performance measurement. All of this is to ensure a business is keeping up with the supply and demand of its customers.
Technology plays a vital role in supply chain management via enterprise resource planning (ERP) systems that assist in the required monitoring and controlling of costs, productivity, supplies, and inventory. Cloud-based ERP software adds an extra level of assistance by allowing remote access to information from virtually any mobile device. Now information flows easily between data sources—even disparate ones—allowing shared information and resources to augment the power of supply chain management.