Control charts module 13 supply chain information

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Control Charts Module 13: Supply Chain Information Technology SCM IT – System Requirements o Low cost o Speed o On time o Tracking o Quality o Shrinkage o Accuracy SCM IT – Acronyms o ERP- Enterprise Resource Planning o DSS- Decision Support Systems o SRM- Supplier Relations Management o CRM- Customer Relationship Management o MES- Manufacturing Execution System o LMS- Logistics Management System o WMS- Warehouse Management System o AS/RS- Automated Storage and Retrieval System o RFID- Radio Frequency ID ERP Basics o Stores financial, operations, and HR data in central database ERP Purchasing Considerations o Knowing your needs o Purchase vs lease o From who ERP Implementation Issues
SCM 300 - Final Exam Comprehensive Section Study Guide o Old vs new system o People o Testing of system Single Vendor Approach Best-of-Breed approach o Buying the best products from companies Supply chain compression o Whirlpool RFID – Basics, challenges, issues to consider Internet of Things o Attempts to create a similar type of system for “Things” Blockchain o A list of records that are collected among a shared network of computers o Cannot be corrupted Artificial Intelligence o A desire to have machines behave more like humans o Cognitive computing is the highest form Machines learn and solve problems

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