Comparison Of Management Systems Traditional Vs. Supply...

Running head:COMPARISON OF MANAGEMENT SYSTEMS Comparison of Management Systems: Traditional vs. Supply Chain Management and Customer Relationship Management Ashley Virts University of Maryland University College Executive Summary Growing competition and escalation in customer demands have led business management to sophisticated information technology in order to effectively manage cost and productivity within operations. Alternate approaches to traditional management systems are working to improve and streamline business processes to meet those needs. Supply Chain Management (SCM) aims to facilitate the collaboration between the organization, its suppliers, the manufacturers, distributors, and the partners. Similarly, Customer Relationship Management (CRM) serves to enhance the relationship with customers and provide efficient management of customer-related information. Both SCM and CRM provide good data for business analytics, cost management, forecasting purposes, and adding to the bottom line. However, determining which system is most efficient depends entirely on the primary goal of the business, and can vary by application. Nonetheless, research concludes that both SCM and CRM are more valuable than tra ditional management systems, when applied alone, or together, to provide a competitive edge for businesses. Comparison of Management Systems: Traditional vs. Supply Chain Management and Customer Relationship Management Intense business competition has evolvedShow MoreRelatedSupply Chain Managemetn - Scm vs. Crm and Erp Essay2116 Words   |  9 PagesSupply Chain Management (SCM) and Customer Relationship Management (CRM) vs. Enterprise Resource System (ERP) a Comparative Paper. Enterprise Resource Planning System (ERP), also referred to as the traditional management system, was generated from the MRP or the Material Requirement Systems. 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