Technological Change - Technological Change ....

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Technological Change Technology has played a large role in the value chain. Computerization and automation have  permitted companies to be more effective in streamlining production and thus enhancing the value  chain. For example, many companies now employ  enterprise resource planning (ERP)  software  systems to manage their value chain. ERP systems provide a comprehensive, centralized, integrated  source of information that companies can use to manage all major business processes, from  purchasing to manufacturing to human resources. In large companies, an ERP system might replace as many as 200 individual software packages. For  example, an ERP system can eliminate the need for individual software packages for personnel,  inventory management, receivables, and payroll. Because the value chain extends beyond the walls of 
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