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.

RSS

Richard Agostinelli is appointed CEO of ByBox

Richard Agostinelli is appointed CEO of ByBox

ByBox, specialists in smart locker technology and field service solutions, has announced that Richard Agostinelli is to succeed Stuart Miller as chief executive officer (CEO) at ByBox with immediate effect.

itim hires Mike Smee to support growth in its order management solutions

itim hires Mike Smee to support growth in its order management solutions

UK retail software vendor, itim, which supplies point-of-sale, order management, merchandising and supply chain solutions to retailers including The Entertainer, Debenhams and Sainsburys, has appointed Mike Smee as new Client Director to assist with the continuing growth of the company’s market-leading order management solutions.

UK businesses fear for Christmas supplies as Brexit disruption hits

UK businesses fear for Christmas supplies as Brexit disruption hits

Fourteen percent of UK businesses believe it will be difficult to break even this Christmas as a result of currency instability and Brexit uncertainty, according to a survey of supply chain managers by the Chartered Institute of Procurement & Supply (CIPS).

What does AI really mean for retailers?

What does AI really mean for retailers?

What does AI really mean for retailers?

Artificial Intelligence (AI) has undoubtedly become one of the biggest buzzwords of 2019 and its use within retail is only set to grow, not just for large market-leading retailers, but for retailers of all shapes and sizes across many sectors.

Renovotec launches 'switch to Android' consulting service for supply chain users

Renovotec launches 'switch to Android' consulting service for supply chain users

Renovotec, the UK independent rugged hardware, software and services provider, is launching a dedicated ‘Switch to Android’ consulting service for supply chain users.

How To Make Your Supply Chain More Efficient

How To Make Your Supply Chain More Efficient

by James Daniels, freelance writer.

There are multiple benefits to creating a more efficient supply chain in your business, you’ll be able to cut unnecessary costs from your spending and respond more quickly to market changes, supply irregularities and fluctuating demand.

Benore Logistic Systems achieves tenfold performance increase and 100 percent uptime with SvSAN

Benore Logistic Systems achieves tenfold performance increase and 100 percent uptime with SvSAN

StorMagic, simplifying storage at the edge, announced that Benore Logistic Systems, Inc., a Michigan-based supply-chain solutions company, has replaced its legacy standalone SAN with StorMagic SvSAN to improve performance and add redundancy. With SvSAN, Benore Logistic has maintained 100 percent uptime and realised a tenfold system performance increase compared to its previous solution.

Haribo’s sweet supply chain success

Haribo’s sweet supply chain success

Haribo, the European manufacturer of sweets including jelly babies, gum bears and liquorice, has 19 production sites and 10 distribution centres around the world.

Latest Red Ledge supply chain automation systems on show at IMHX 2019

Latest Red Ledge supply chain automation systems on show at IMHX 2019

Software application and engineering specialist Red Ledge is joining forces at IMHX 2019 with the company’s new majority shareholder Böwe Systec to launch the latest range of Red Ledge manufacturing and logistics (M&L) automation systems.

QAD DynaSys recognised as a challenger in Gartner 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation

QAD DynaSys recognised as a challenger in Gartner 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation

QAD DynaSys, provider of demand and supply chain planning solutions, has announced that Gartner, Inc. has named QAD DynaSys a Challenger in Gartner’s May 2019 Magic Quadrant for Sales and Operations Planning Systems of Differentiation. QAD DynaSys is a division of QAD Inc.

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.

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter