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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INFOR TO PROVIDE SUPPLY CHAIN SOFTWARE TO TENNECO AUTOMOTIVE

Infor Global Solutions has announced that Tenneco Automotive will implement Infor's SupplyWEB solution at its manufacturing plants worldwide, including plant in the United Kingdom.

Sterling Commerce to Acquire Yantra Corporation

Supply Chain fulfillment suite extends execution, visibility and control to a Multi-Enterprise environment.

Webcom, Inc. Selected by Aqua-Chem, Inc. to Enable Sales Channels to Quote Products in the Field

Solution to Provide a Competitive Advantage in Compressing the Quote-to-Cash Cycle and Increasing Channel Effectiveness.

Manugistics Reveals New Logistics Procurement Solutions

Solution Enhancements Solve Industry Concerns.

TXT E-SOLUTIONS ANNOUNCES AMBITIOUS PLANS AT ANNUAL SUMMIT

TXT e-solutions is celebrating the success of its seventh international summit held in Venice on 18 and 19 November. The Summit attracted speakers, analysts and press from throughout Europe.

IBS expands to Russia

IBS expands its operations into the fast-growing Russian software market. The company has signed a co-operation agreement with the Moscow based software company Cinimex Informatica.

Co-op saves 1 million

The development of a web portal using Business Intelligence from Business Objects enabled United Co-operatives to deliver complete transparency of operational performance and created new standards of supply chain visibility.

WRQ VERASTREAM OPTIMISES SORTING AND PROCESSING SYSTEM AT DHL BELGIUM

Centrally Stored Data Integrated into Local System.

IBS introduces new electronic invoicing solution

IBS announces the release of IBS e-billing, an intelligent electronic invocing system that provides better control and improved efficiency for the billing process. The software contains electronic bill presentment tools that help customers reduce printing, mailing and labour.

Top ten Christmas toys fail to make it to shelves in high street stores - new research

The festive season is fast-approaching and were all looking forward to a traditional Christmas with all the trimmings! However, it seems that Christmas cheer may be distinctly absent from some British households this year due to the unavailability of many of the nations most sought-after toys.

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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