The specialised software to handle the integration of suppliers and customers with the aim of producing and distributing goods and services by quantity,location and time to minimise costs and satisfy required service levels is referred to as:
A)ERP
B)SCM
C)RFID
D)EDI

Question

Quizplus · Accepted Answer

SCM (Supply Chain Management) software is designed to optimize the flow of goods and services from supplier to customer. This software enables the integration of suppliers and customers for efficient production and distribution, reducing costs and meeting service level requirements. ERP (Enterprise Resource Planning) software is a broader suite of applications for managing business processes such as HR, finance, and inventory. RFID (Radio Frequency Identification) and EDI (Electronic Data Interchange) are technologies used to facilitate data exchange between systems, but do not directly address supply chain management.

The Specialised Software to Handle the Integration of Suppliers and Customers