When inventory turnover is slow, ERP tools can strengthen supplier relationships by improving communication and forecasting. Imagine a retailer using ERP to track stock levels in real-time. The system can alert suppliers before items run low, ensuring timely restocking. It also allows for better demand forecasting, so suppliers can plan their deliveries more accurately. By sharing data transparently, both sides work together more efficiently, reducing delays and improving inventory turnover. It's about being proactive, not reactive.

ERP tools can transform supplier relationships by improving communication and visibility. With shared access to real-time data, both you and your suppliers can see what’s selling, adjust forecasts, and plan better. Automated purchase orders and alerts help streamline replenishment, reducing lead times and excess stock. Collaboration tools in ERP systems also enable joint planning, like vendor-managed inventory, where suppliers manage stock levels directly. By working together through ERP, you can reduce waste, respond faster to demand, and increase inventory turnover—creating a win-win partnership that saves costs and boosts efficiency for everyone involved.

Well DO NOT share your inventory data with your supplier!!! Whose insane odea was that? The RP stands for resource planning, not resource sharing, not resource information, not resource "here is some intelligence you can share with my competitor" suicide. The E stands for enterprise. Specifically YOUR ENTERPRISE! It doesn't stand for endeavor, entertainment nor empathy.