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

Manhattan Associates latest release offers greater global supply chain visibility and expanded optimisation capabilities

Leading supply chain solutions provider, Manhattan Associates, Inc., has announced that the latest release of its Supply Chain Solutions will be available on May 26, 2006.

IBS ANNOUNCES UK GROWTH

IBS ANNOUNCES UK GROWTH

IBS (UK) Ltd has announced a period of sustained growth for its UK operations, including a 34 per cent increase in revenue in 2005. Simon Shorthose, MD, IBS UK (pictured) comments.

CATALYST INTERNATIONAL INTRODUCES RF IN A BOX TO PROMOTE MOBILE DATA COLLECTION IN THE WAREHOUSE

Catalyst International, a global provider of supply chain execution solutions, announces its new bundled SAP data collection solution

FROST & SULLIVAN HONOURS MICROLISE WITH 2006 INNOVATION AND ADVANCEMENT OF THE YEAR AWARD

Frost & Sullivan presents the 2006 Innovation and Advancement of the Year Award in the automotive telematics and infotainment industry to Microlise Ltd.

VoiteQ to Showcase Vocollect's New Talkman T5 terminal at Retail Solutions 2006, NEC Birmingham June 6-8

VoiteQ to Showcase Vocollect's New Talkman T5 terminal at Retail Solutions 2006, NEC Birmingham June 6-8

Visitors to get hands-on experience with a voice directed football or general knowledge quiz

MICROLISE APPOINTED AS UK RESELLER FOR TOMTOM WORK

MICROLISE APPOINTED AS UK RESELLER FOR TOMTOM WORK

Microlise have announced their appointment by TomTom NV as UK reseller for their latest product, TomTom WORK

TNT Logistics UK Wins Disney Store Contract

TNT Logistics UK Wins Disney Store Contract

The Disney Store Ltd has awarded TNT Logistics its UK distribution contract and TNT is utilising vehicles assigned to another customer to benefit both of its clients.

RedPrairie Hosts Global Leadership Meeting to Advance Strategy and Technology for Business Process Transformation

RedPrairie Hosts Global Leadership Meeting to Advance Strategy and Technology for Business Process Transformation

Supply chain technology leader calls upon former New York City Mayor to provide keynote address on principles of leadership

DHL wins 5-year contract to provide logistics services to Canon (UK) Ltd

DHL wins 5-year contract to provide logistics services to Canon (UK) Ltd

DHL Exel Supply Chain has won a 75m, five-year contract with Canon (UK) Ltd, who provides innovative imaging and information technology solutions

RedPrairie Corporation Announces a Supply Chain Revolution

RedPrairie is Revolutionizing the Chain with its E2eTM Suite of Solutions That Enable Companies to Directly Respond to Consumer Demand

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