One of the largest railroads in North America, has saved more than 100 customers millions of dollars a year in fuel and transport costs using Infor SCM Network Design.
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.
Harvey Norman automates purchase order process with Sterling Business Integration Suite
May 11, 2010
Sterling Commerce has announced that Harvey Norman Holdings Limited [HVN] has deployed Sterling Collaboration Network to automate all purchase orders exchanged between franchises and suppliers.
RedPrairie unveils new release of Duty Management solution at the London International Wine Fair
May 11, 2010
RedPrairie Corporation will be launching the latest release of its Duty Management solution at the London International Wine Fair (18-20 May, 2010, ExCeL London, stand S60).
Miller Brands Selects Kewill For Supply Chain Ecommerce
May 10, 2010
Kewill has announced that it has signed a three year contract with Miller Brands to fully manage and support electronic communications with its network of trading partners.
Volcanic ash disruption highlights need for OEMs to reinforce contingency plans for extended supply chains
May 04, 2010
Evolution Time Critical facilitates urgent deliveries to car makers from distant international suppliers
SAP UK & Ireland User Group works with SUGEN to help shape and plan SAP product roadmaps
May 03, 2010
The joint initiative is aimed at making it easier for customers to get involved and influence SAP at a much earlier stage.
JDA Software announces expanded, integrated product roadmap
Apr 28, 2010
With a focus on enabling the customer-driven value chain JDA Software Group, Inc. has announced the release of its latest product roadmap.
HighJump Software Launches Warehouse Management System (WMS) in a Cloud Delivery Model
Apr 21, 2010
HighJump Software announced today it is now offering its warehouse management system (WMS) in a cloud delivery model.
Three Caterpillar Dealers Go Live With IBS Distribution Financials
Apr 21, 2010
International Business Systems (STO: IBS B) announced today that it has successfully implemented its IBS Distribution Financials with TRACSA, SA de CV, MATRA, Ltd. and NIMAC, SA.
BASF Orgamol plans and schedules its production with OMP Plus
Apr 21, 2010
BASF Orgamol Pharma Solutions SA has selected OMP Plus from OM Partners for the production planning of exclusive and generic Active Pharmaceutical Ingredients (APIs), advanced intermediates and fine chemicals.
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.
