Why is it Critical to Implement ERP and RFID in the company

WHY IS IT CRITICAL TO IMPLEMENT ERP AND RFID IN MYAPADAITHAR?
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4. Why is it Critical to Implement ERP and RFID in MyaPadaithar?
4.1 Company Background
MyaPadaithar is an importing and distributing company which was established in 1966 in Myanmar. Over time the company has increased its target market and extended its operation to Mandalay and Yangon. It has also ventured into the restaurants, hotels, retailing shops, supermarkets, and automobile spare parts shops as part of diversifying its risks.
4.2 Supply Chain IntegrationSupply chain management is one of the essential departments in an organization. It is responsible for ensuring that the firm receives the required items to propel production and that the products are dispatched appropriately and in time. Technology is dynamic, and thus requires firms to be flexible enough to accommodate changes. Supply chain integration provides that a firm incorporates technology and other functions in the procurement process to ease the process and ensure accountability and avoid repetition of actions (Benjabutr, 2018). It also involves the participation of the various stakeholders through the sharing of information to manage various firms within the supply chain as one entity. By so doing, the firm establishes trust and transparency between the firm and the suppliers and consumers too. Mya Padai Thar should integrate these systems with suppliers a…