A company counts on its enterprise resource planning (ERP) system to manage day-to-day business activities such as procurement, inventory management, and supply chain operations. ERPs also inform strategies to support budget, cost-saving, and vendor relationships.
In an ideal world, a company would have a single, enterprise-wide ERP system. This allows for full visibility, accountability, and meaningful strategic trending across the business.
In today’s constantly shifting corporate environment, businesses need to maintain their competitive advantage by fully exploiting the potential of the latest ERP functionality using Master Data Management.
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