Agentrics, the retail and supply chain solutions provider, is launching a new solution suite, offered in a hosted software-as-a-service (SaaS) format, focused on enabling a more synchronised supply chain.
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.
Lindab steps up connectivity with customers through Wesupply
Apr 07, 2011
Lindab, an international manufacturer of ventilation and sheet metal products for the construction industry, is scaling up its connectivity with key customers through Wesupply's OneTime EDI solution.
New developments revealed at the Holbeach LINKFresh Food Technology Seminar
Mar 30, 2011
More than 40 delegates from some of the UK's leading food manufacturing and distribution companies were captivated during an information technology seminar in Holbeach recently.
Barloworld SCS launches CAST Aurora
Mar 30, 2011
Barloworld Supply Chain Software (SCS) is launching CAST Aurora, claimed to be the next generation in CAST Supply Chain Modelling software, for companies across various business sectors to identify savings and enhance efficiency within their supply chains.
Measuring sludge stock
Mar 24, 2011
The theory is that products continuously flow through the supply chain. Sometimes they dont. They slow down or stop moving. This is Sludge Stock.
The role of technology in the supply chain as agreed by over 71 industry leaders
Mar 24, 2011
The 12th Supply Chain Technology Forum, organised by eyefortransport on 22-23 February 2011 in Amsterdam, ran alongside the 12th Logistics CIO Forum, attended by 71 CIOs from manufacturing, supply chain, logistics, and transport industries.
Leading Russian retailer X5 selects JDA Category Management Solutions to optimise revenue
Mar 17, 2011
JDA Software Group, Inc. has announced that X5 Retail Group NV has selected the company's category management solutions to increase merchandising effectiveness and revenues across more than 3,000 company-owned store and franchisee locations.
Suppliers to gain from EDI changes
Mar 09, 2011
What issues do suppliers have to address in order to comply? How may they take advantage, themselves, of the next generation of EDI technology?
Continental Airlines completes implementation of JDA Solutions
Mar 09, 2011
JDA Cargo Revenue Optimiser and related solutions will further enable Continental to maximise demand visibility, capacity management and revenue opportunities within its cargo operations.
Barloworld SCS puts modelling to the test at Multimodal
Mar 09, 2011
Multimodal visitors looking to enhance their supply chains will find the ideal solution on stand 232, where Barloworld Supply Chain Software experts will offer advice and launch new modelling software CAST Aurora, which will be put to the test at the show.
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.
