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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6 River Systems announces next wave of enhancements to Its wall-to-wall fulfilment solution at FLOW 2020

6 River Systems announces next wave of enhancements to Its wall-to-wall fulfilment solution at FLOW 2020

6 River Systems (6RS), part of Shopify Inc., the global commerce company, has announced during its second annual user conference, FLOW 2020, a series of enhancements to its wall-to-wall fulfilment solution to help senior-level warehouse operators further improve site management, gain more concrete business transparency across singular or multiple sites and accelerate their return on investment.

JYSK taps Kӧrber for supply chain megaproject in Hungary

JYSK taps Kӧrber for supply chain megaproject in Hungary

Kӧrber, the global supply chain technology company from software to materials handling automation, has announced its selection by international Scandinavian home furnishings retailer JYSK.

How BH Cosmetics took its cruelty-free vegan and inclusive products global with the help of Techcloudpro and Avectous

How BH Cosmetics took its cruelty-free vegan and inclusive products global with the help of Techcloudpro and Avectous

When the vegan and cruelty-free cosmetics company BH Cosmetics wanted to take its inclusive product line global, they knew the challenge involved in scaling to become a mass supplier globally, at a competitive price, and providing the same customer experience across geographies.

Accelerating the digitalisation of supply chains: managing brand risk, enhancing the consumer experience, and removing defects

Accelerating the digitalisation of supply chains: managing brand risk, enhancing the consumer experience, and removing defects

For many years, adding coding and marking technology to your manufacturing line was perceived simply as a compliance obligation.

Now, with the advent of more complex requirements for supply chain trackability, coupled with increasing consumer demands for personalisation, provenance checks, and anti-counterfeit protection, that ‘simple’ coding and marking technology can be a big stepping stone towards both a fully-connected supply chain and an enhanced, interactive consumer experience.

Back to business: how can luxury retailer bounce back?

Back to business: how can luxury retailer bounce back?

According to recent figures, high street footfall remains subdued in England, with those shoppers who are making it out, more likely to now shop with a purpose. This means that all retailers, especially non-essential retailers like the luxury sector, need to make every effort to be as ‘easy to do business with’ as possible. Craig Summers, UK Managing Director, Manhattan Associates, explores how this can be achieved.

Uncertain times call for certainty in your supply chain

Uncertain times call for certainty in your supply chain

In today’s uncertain environment, there are more factors than ever before that organisations need to consider when managing risk in their supply chains. Whether it’s mitigating the impact of COVID-19, the long-term effects of Brexit or the effects of global tariff changes, organisations need to have contingency plans in place.

Managing your business and Supply Chain COVID-19 responsibilities

Managing your business and Supply Chain COVID-19 responsibilities

When the easing of lockdown measures began in mid-May, many businesses began a journey to assess the Coronavirus risks that applied to their workplaces. To make sure their working environments were COVID Secure, they went on to develop additional physical and procedural measures.

Creating a smart warehouse with enhanced internet connectivity

Creating a smart warehouse with enhanced internet connectivity

The European logistics industry is slowly returning to normal after months of supply chains being disrupted and overstretched with reduced workforces and higher demands, following the effects of the pandemic. With new hygiene and protocol measures in place within warehouses to increase employee safety; which in turn, might slow down procedures, now is the most critical time for companies to optimise their operations using data and technology.

Buyers and suppliers to get tucked in at virtual food and drinks trade show

Buyers and suppliers to get tucked in at virtual food and drinks trade show

Product Guru, the product discovery platform that allows brands to showcase their products to retail buyers, is continuing to champion emerging brands by launching The Pantry Live, a virtual alternative to food and drink trade shows.

94% of UK shoppers will walk from brands if they don’t agree with their response to COVID-19, Braze survey reveals

94% of UK shoppers will walk from brands if they don’t agree with their response to COVID-19, Braze survey reveals

Almost all (94%) UK shoppers warn they’d switch from a brand or company if they didn’t agree with their response to employees or customers during the pandemic, new research from customer engagement platform Braze reveals.

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.

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