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

Acne Studios chooses payments company Adyen to deliver a first-class experience for shoppers globally

Acne Studios chooses payments company Adyen to deliver a first-class experience for shoppers globally

The Stockholm-based luxury fashion house Acne Studios has chosen payments tech company Adyen to deliver a first-class shopping experience for customers in APAC, North America and Europe – including its stores in the UK.

LLamasoft opens new EMEA headquarters to support continued growth

LLamasoft opens new EMEA headquarters to support continued growth

LLamasoft, the provider of AI-enabled enterprise supply chain design and decision-making solutions, has announced that the official opening of its new EMEA headquarters in Birmingham took place on Tuesday 26th November. Guest of Honour, Lord Digby Jones, a non-aligned Peer in the UK House of Lords, international businessman, media commentator, TV presenter, author and public speaker addressed the attendees.

Supply Chain Event - From Demand Planning to S&OP to IBP: Lessons from the front line

Supply Chain Event - From Demand Planning to S&OP to IBP: Lessons from the front line

This Supply Chain Event is a free educational morning dedicated to leading manufacturers who want to review best practices and lessons from the front line to implementing S&OP (Sales & Operations Planning) and IBP (Integrated Business Planning).

QAD DynaSys Announces the Release of DSCP 2019

QAD DynaSys Announces the Release of DSCP 2019

The latest demand and supply chain planning software features a new intuitive web planning experience, collaborative planning process controls and is powered by artificial intelligence and advanced supply chain analytics

parcelLab wins innovation award at global supply chain summit

parcelLab wins innovation award at global supply chain summit

Munich and London-based post-purchase e-commerce communication specialist parcelLab was recently presented with the Smart Solution Award at annual international supply chain summit Exchainge 2019.

ThoughtWorks finds retail sector most vulnerable to tech threats post Brexit

ThoughtWorks finds retail sector most vulnerable to tech threats post Brexit

Retail is the sector where UK businesses are most likely to feel exposed to a series of threats to business growth in 2020.

Paragon launches on the Geotab marketplace to give fleet managers increased visibility and control of routing process

Paragon launches on the Geotab marketplace to give fleet managers increased visibility and control of routing process

Paragon Software Systems has launched its route optimisation software on the Geotab Marketplace.

Festive season blind spot

Festive season blind spot

By: Robert Byrne, VP Supply Chain Solutions at E2open. 

The festive season is the season for stuffing. Turkeys with delicious fillings, socks above the fireplace with presents and warehouses with enough stock to meet customer demand during this peak shopping time.

TrueCommerce integrated EDI for NetSuite ERP helps Pearhead do business in every direction and achieve 91% Amazon ASN on-time score

TrueCommerce integrated EDI for NetSuite ERP helps Pearhead do business in every direction and achieve  91% Amazon ASN on-time score

Founded in 1999, Pearhead is a global lifestyle and gift brand with over 800 products in the baby, pet and wedding categories. Its products are currently sold in over 1,000 stores in 13 countries, as well as through online marketplaces and its own branded web store.

How UK businesses can get to grips with rising supply chain risk

How UK businesses can get to grips with rising supply chain risk

By Alex Saric, smart procurement expert, Ivalua.UK businesses have never been more dependent on their suppliers to help them deliver goods and services to their customers. Be it retail, manufacturing or financial services, suppliers have a vital role to play when it comes to innovation and meeting customer expectations. However, as supply chains become increasingly global, businesses are potentially exposing themselves to more risk than ever before.

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