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Question
(a) Explain why an ERP system is a good tool for developing and executing production plans?
(b) There are three general approaches to production namely:
(I) Make-to-stock:
(II) Make-to-order:
(III) Assemble-to-order:
Explain what is meant by each of the above approaches. Support your answer with appropriate example.
(c) Assume you were recently hired in an IT role at a large manufacturing company. Your first job is to convince the manufacturing manager that the implementation of an SCM system is feasible. Write a memo to that manager highlighting advice on how to ensure the smooth implementation of such a system.
(d) Outline the potential pitfalls that your company may encounter when implementing SCM.
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