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Software is being used for materials resource planning, done through sophisticated software to reduce the costs of inventory and to really control the inventory. Multiple generations of materials resource planning (MRP) systems have gone a long way toward refining the supply chain planning process. For example, a global electronics firm whose Latin American headquarters is based in Miami uses Telefonica to consolidate all its management systems--from procurement and materials resource planning to financial services such as invoicing, billing and collections. |
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