2.4.2 ERP systems consist of several key components and offer numerous benefits to organizations in the food supply chain

Key Components:

Central Database: A centralized repository for data from various departments, promoting data consistency.

Modules: ERP systems typically include modules for different functions such as inventory management, human resources, finance and procurement.

User Interface: User-friendly interfaces allow employees to access and input data easily.

Benefits:

Data Integration: ERP systems enable data from different departments to be integrated, ensuring a single source of truth.

Data Visibility: Real-time data visibility allows for informed decision-making and timely responses to market demands.

Cost Reduction: By optimizing processes, reducing errors and controlling costs, ERP systems contribute to cost reduction.