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.

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DynaSys Best Practices Webinars

DynaSys Best Practices Webinars

DynaSys Webinars with the Experts

Manufacturers of consumer goods deliver the right product, in good quantity, at the right cost, in the right place, at the right time.

Bridging the complexity gap

Bridging the complexity gap

By Stephen Hardy, Managing Director, FPX Ltd.

The business-to-business (B2B) sales ecosystem is an inherently complex space which presents challenges to manufacturers. Regardless of what you sell, how you sell it, and who you're selling to, there are numerous obstacles to ensuring the right product gets to the right customer at the right price via the customer's preferred channel.

The Cloud offers distributors a silver lining for managing product information

The Cloud offers distributors a silver lining for managing product information

By Colin Wells, Pimberly.

Consumers have more choice and make greater demands than ever before. More products, more channels through which to buy them, more ways to take delivery. But as distributors, more choice means more complexity and more data to manage.

Aviall signs multi-year consumables and expendables parts supply chain programme agreement with Etihad Airways Engineering

Aviall signs multi-year consumables and expendables parts supply chain programme agreement with Etihad Airways Engineering

Boeing has announced, through its subsidiary Aviall, a multi-year consumables and expendables aircraft parts supply chain programme agreement with Etihad Airways Engineering.

Supply chain solution provider FuturMaster appoints new sales execs in Europe

Supply chain solution provider FuturMaster appoints new sales execs in Europe

FuturMaster, the supply chain solution provider that helps a number of major food, retail and manufacturing companies with demand forecasting and streamlining production and supply, continues its international expansion with the opening of a new Northern Europe operation, located in Rotterdam in the Netherlands.

Support for domestic supply chains critical to manufacturing post-Brexit

Support for domestic supply chains critical to manufacturing post-Brexit

A key part of the government's industrial strategy should be a fund to support UK manufacturing supply chains to offset the impact of any new trade barriers that arise from leaving the single market, a new Civitas report argues.

Connectedness and the supply chain at the heart of business success

Connectedness and the supply chain at the heart of business success

As businesses increasingly look to establish a foothold in the European market, the ability to have fast, efficient and reliable access to Europe's more than 500 million consumers is seen as critical to a business's commercial success.

SafetyChain Software to participate in Food Safety Supply Chain Conference in Rockville, MD

SafetyChain Software to participate in Food Safety Supply Chain Conference in Rockville, MD

SafetyChain Software, the developer of real-time food safety & quality management solutions that help companies reduce risk, control costs, and ensure compliance, is participating the Food Safety Supply Chain Conference, taking place June 5-6 in Rockville, MD at US Pharmacopeial Convention.

Ideal Shopping Direct deploys Route Genie to drive growth and boost customer experience

Ideal Shopping Direct deploys Route Genie to drive growth and boost customer experience

Ideal Shopping Direct, the multi-channel home shopping retailer, has signed a five-year contract to deploy Route Genie, the advanced carrier management software, to help facilitate the next stage of its growth across the UK and overseas.

Mobilising and managing supply chains on the go

Mobilising and managing supply chains on the go

By Paul Swaddle, Co-Founder, Pocket App.

All types of transportation services, whether trucking, public transport, aircraft, charter & shuttle bus services, railroads or shipping, and the warehouses that support them, are drowning in paperwork.

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.