SUPPLY CHAIN MANAGEMENT (SCM)
- involves the management of information flow between and among stages in a supply chain to maximize total supply chain effectiveness and profitability
BUSINESS PROCESS REENGINEERING(BPR)
Business
process – a standardized set of activities that
accomplish a specific task, such as processing a customer’s order
Business
process reengineering (BPR)
– The analysis and
redesign of workflow within and between enterprises
- The purpose of BPR is to make all business processes
best-in-class
ENTERPRISE RESOURCE PLANNING
Enterprise
resource planning (ERP)
– Integrates all
departments and functions throughout an organization into a single IT system so
that employees can make decisions by viewing enterprisewide information on all business operations
- Keyword in ERP is “enterprise”
