Why are ERP systems strategic weapons for food manufacturers?
A) The threats and potential costs associated with food safety have decreased because of data transparency.
B) ERP systems have lowered global barriers to entry into the food industry.
C) ERP systems are needed for controlling costs, managing inventory, and meeting government regulations given the food industry's margin pressures.
D) ERP systems are needed to monitor competitors' business practices and quickly respond to them.

Question

Quizplus · Accepted Answer

ERP systems are essential for food manufacturers to manage costs, inventory, and government regulations, especially given the industry's margin pressures. They help in maintaining transparency and traceability in the supply chain. With the help of ERP, food manufacturers can make quick business decisions and mitigate risks. ERP system provides real-time data and helps to streamline the manufacturing process. Thus, ERP systems act as a strategic weapon for food manufacturers. A, B, and D are not the primary reasons why ERP systems are essential for food manufacturers.

Why Are ERP Systems Strategic Weapons for Food Manufacturers