SCM vendors are adding best of breed solutions to ERP product suites and are aggressively marketing this new functionality. The SCM market has been growing so strongly that where SCM was once viewed as a means to gain competitive advantage, companies now see it as a necessary extension of an ERP system, especially Inventory Management and Optimization solutions.
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the market. As Forrester Research notes, As the flow of goods more closely matches demand conditions, companies are able to trim inventories, improve customer satisfaction, and avoid nasty surprises (Source: C. Mines, Six New Technologies to Boost Business Results, Forrester Research, May 2002) In addition current trends around inventory management are: Manual inventory reduction policies These crude policies have come at a cost to customer service levels. Mass customization - The range and variety of