ERP evolution over the past Decade
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Businesses typically relied on conventional methods of managing inventory before the 1960s to make sure that their operations ran smoothly. The term “Classical Inventory Management or Scientific Inventory Control Methods” is used to refer to these theories. Bill of Material (BOM), Economic Order Quantity (EOQ), and others were the most frequently utilized among them. These systems, however, offered very little flexibility.
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erpdubai
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