The first step in achieving end-to-end synchronization often begins with the realization that modern supply chains have moved beyond enterprise resource planning (ERP). When ERP systems were designed decades ago, supply chains were much simpler and bound by the four walls of the enterprise. Now they are multi-enterprise, starting with consumers, retailers and distributors, and flow through an extended network of suppliers, contract manufacturers and other third parties. Managing the supply chain now means managing the end-to-end value chain, and requires visibility, planning, and execution across all trading partners.
Michael Farlekas, CEO of E2open, outlines the 5 key steps to turn your extended supply chain into a competitive advantage.