Fulfillment Features and Functions
The bulk of fulfillment functionality is traditionally done by ERP and related systems such as order management, WMS, and distribution management systems. As companies virtualize and suppliers become increasingly involved in the fulfillment process, some functionality is appropriate within SRM. SRM systems should support a range of modern inbound inventory management practices, such as Kanban and VMI and provide visibility into the inbound pipeline. Returns management becomes important in SRM for situations where components are being returned to and repaired or replaced by suppliers.
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Inventory Management
SRM systems should support a range of modern inbound inventory management practices, such as Kanban and VMI and provide visibility into the inbound pipeline.
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Returns Management
Returns management becomes important in SRM for situations where components are being returned to and repaired or replaced by suppliers.
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Supplier Relationship Management (SRM) Features and Functions
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