A new study looking at delivery preferences when ordering online has confirmed that consumers want retailers to provide faster and more convenient delivery options.
Supply Chain Management, Optimisation, Software, Execution
Supply chain management software (SCM) is a term that embraces a wide range of software functionality. The joint purpose of these different modules and tools is to better execute supply chain transactions, manage supplier relationships and control all main business processes related to supply and delivery. The discipline of SCM covers everything from the storage and movement of parts and raw materials, to work in progress (WIP) and the management of goods and materials from source to the point of delivery to the customer. The APICS Dictionary describes SCM as the \"design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.
Synopsys launches new offering for comprehensive software supply chain security
Apr 11, 2024
Synopsys, Inc. has announced the availability of Black Duck Supply Chain Edition, a new software composition analysis (SCA) offering that enables organisations to mitigate upstream risk in their software supply chains.
Aramex UK sheds light on transporting temperature-sensitive pharmaceuticals to warmer climates
Apr 11, 2024
Aramex UK has urged pharmaceutical companies exporting products overseas to be mindful about shipping to warmer climates.
Synergy Logistics appoints highly experienced business performance lead as it looks to scale up on expansion, growth and drive change
Apr 10, 2024
Chris White joins as Head of Sales for Europe, Middle East & Africa (EMEA) with a dual remit of further improving client engagement and advancing the commercial arm of the business.
Cognizant teams with Shopify and Google Cloud
Apr 10, 2024
Cognizant has entered into a strategic alliance with Shopify and Google Cloud to drive digital transformation and platform modernisation for global retailers and brands.
AI to centre discussion at SCALA’s 2024 Annual Supply Chain Debate
Apr 10, 2024
Global supply chain and logistics consultancy, SCALA, has announced its 21st annual supply chain debate. This year’s debate is in association with the Chartered Institute of Logistics and Transport, and is set to focus on the topic: 'AI in the supply chain- where will it have the greatest impact?’.
Laying the groundwork for effective delivery and returns management
Apr 10, 2024
By Johan Hellman, VP Product and Carrier, nShift.
For multichannel and ecommerce retailers and their logistics partners, the first months of the year are when crucial groundwork is done to learn the lessons from last year’s peak season. However, although total retail sales were up at the end of 2023, the increase was significantly down on the previous year.
Alimerka enhances supply chain efficiency and sustainability with Cimcorp
Apr 09, 2024
The adoption of automated technologies in the supply chain can help reduce resource wastage and minimize environmental impact. By optimizing storage and distribution processes, packaging waste and transportation times can be reduced, thus contributing to environmental conservation and carbon emissions reduction.
Ocean State Job Lot selects Manhattan Active Transportation Management
Apr 03, 2024
Manhattan Associates Inc. has announced that Ocean State Job Lot (OSJL), the American discount retailer, has recently selected Manhattan Active Transportation Management (TM) to unlock new levels of logistics planning and efficiency.
Synergy Project Manager hailed a rising star
Apr 03, 2024
Technical Project Manager, Charles Thompson, of Synergy Logistics has been named a winner in the Supply & Demand Chain Executive's 2024 Pros to Know award.
Supply Chain Management Software (SCM)
Supply chain management software (SCMS) is a business term which refers to a whole range of software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Supply Chain Management (SCM) includes all the activities that must take place to get the right product into the right consumer’s hands in the right quantity and at the right time. The supply chain manager supervises all the related logistical processes for the organisation. Effective supply chain management involves the coordination of all of the various elements of the chain as quickly as possible by harmonizing the contributions at each stage, including use of vendor partners and third-party service providers. This must be done as cost-effectively as possible and the priority is to be customer-driven.
Being more attentive to the stages throughout the length of the chain helps companies to stay competitive, reduces overall costs, increases efficiency and ultimately, keeps the customers happy. Supply chains are becoming increasingly integrated and complex, and as such now require dedicated and well-trained managers
Supply chain management (SCM) is sometimes broken down into the stages of planning, execution and shipping. Supply chain planning (SCP) and supply chain execution are the two main categories of SCM software. SCP software applications apply algorithms to predict future requirements and balance supply and demand.
Another definition is provided by the APICS Dictionary when it defines SCM as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally."
Supply chain execution (SCE) is the flow of tasks involved in the supply chain, such as order fulfilment, procurement, warehousing and transporting. SCE software applications track the physical status of goods, the management of materials, and financial information involving all parties.
Supply chain planning software helps organizations manage and replenish their inventory through sales and demand forecasting. As part of a supply chain management system, supply chain planning solutions like sales & operations planning (S&OP) serve an important function in the on-going effort to reduce waste and increase profitability.
Supply chain optimization software handles capacity planning as well as sequencing and scheduling. Beyond simply providing demand estimation data, it allows organizations to act immediately on any pertinent information gathered from the data by altering delivery schedules, shifting stored inventory loads, and adjusting revenue and expense projections.
Supply Chain standards and models:
There are a variety of supply chain models. The Supply-Chain Operations Reference model (SCOR) , developed by the management consulting firm PRTM, now part of PricewaterhouseCoopers LLP (PwC) has been endorsed by the Supply-Chain Council (SCC) and has become the industry standard diagnostic tool for supply chain management. SCOR measures total supply chain performance in terms of production flexibility, fulfillment performance, order delivery, reverse logistics efficiency/returns processing, warranty and general service levels.
