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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What is Proof of Delivery (POD) Software and Why Might Your Business Need It?

What is Proof of Delivery (POD) Software and Why Might Your Business Need It?

By By Ron Evan, freelance writer.

Proof of delivery (POD) software seems like an unnecessary luxury for most businesses, but the immediate implementation of this technology can save you a lot of money. To save you from the potential headaches that can come from customer complaints of missed deliveries or damaged products, install proof of delivery software for evidence that all of your products arrived intact.

LPAs hold the key to greater product quality and a faster manufacturing recovery

LPAs hold the key to greater product quality and a faster manufacturing recovery

As UK manufacturing continues its recovery from the pandemic’s impact, its factory production growth is simultaneously being slowed by Brexit-hit supply chain disruption.

Between Brexit and COVID, movement between borders is slowed. This has culminated in the manufacturing industry recording its slowest output rate for nine months, in February.

61% of UK manufacturers have changed business practices as a result of Brexit – MHA survey

61% of UK manufacturers have changed business practices as a result of Brexit – MHA survey

Accountancy network MHA has released its latest survey into the UK manufacturing sector which revealed that 61% of businesses have changed their practices as a result of Brexit and 75% are planning to invest less or the same as planned before the Covid-19 pandemic hit, although this is a drop from 81% September 2020.

Renovotec launches supply chain rental campaign for latest Epson Colorworks label printers

Renovotec launches supply chain rental campaign for latest Epson Colorworks label printers

Renovotec, the UK-based rugged hardware, software and services provider for supply chain companies, is launching a rental campaign for the latest Epson Colorworks C6000 and C6500 Series custom label printers, targeting manufacturing and logistics users.

Retail re-opens, but how can you capitalise on and, crucially, sustain, pent-up demand?

Retail re-opens, but how can you capitalise on and, crucially, sustain, pent-up demand?

How can retailers capitalise on both pent-up and longer term demand, asks Romulus Grigoras, Cofounder and CEO of OneStock. 

Breathe Technologies delivers 300% increase in productivity for Ultimate Products with direct-to-customer fulfilment solution

Breathe Technologies delivers 300% increase in productivity for Ultimate Products with direct-to-customer fulfilment solution

From local business to global success, Ultimate Products is an international brand house managing consumer goods brands, across 12 product ranges including household names; Salter, Beldray, Progress and Intempo. Having experienced revenue growth across each of the business’ strategic pillars, Ultimate Products has seen particular strong performance on its ecommerce platforms following the recent surge in online shopping.

CORE (UK) Ltd wins The Queen’s Award for Enterprise for International Trade

CORE (UK) Ltd wins The Queen’s Award for Enterprise for International Trade

CORE (UK) Ltd, the digital supply chain management software provider, has been awarded the Queen’s Award for Enterprise for International Trade for outstanding growth and commercial success in international trade.

Adopting a safe and efficient roadmap out of lockdown for non-essential retailers

Adopting a safe and efficient roadmap out of lockdown for non-essential retailers

For many, the reopening of non-essential retail has been a welcomed move, so much so, that millions of consumers have been flocking back to the high street causing long queues to form.

Commercial aerospace sector faces immediate uncertainty following pandemic but expected to recover strongly, reveals Kroll

Commercial aerospace sector faces immediate uncertainty following pandemic but expected to recover strongly, reveals Kroll

The global impact of the COVID pandemic has been dramatically felt by the global aerospace sector, which almost overnight suffered a catastrophic collapse in demand, which resulted in an 80 percent decline in air traffic and over 60 percent of the global airline fleet grounded. The impact on the airlines and its key component supply chain has been immediate and is expected to remain in place for some time.

Four Serious Implications of Not Tidying Up Your Business’s Cybersecurity Measures

Four Serious Implications of Not Tidying Up Your Business’s Cybersecurity Measures

By Ron Evan, freelance writer

According to a report from Security Intelligence, the global economy lost an incredible $600 billion as a result of cybercrime in 2017, and that figure has likely grown since. It is not only financial losses that companies face as a result of not implementing robust security measures.

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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