When Hayter, the leading manufacturer of grass cutting machinery, needed an export solution they turned to TRAXi3 from Precision Software.
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.
Jan 31, 2006 Comments (0)
The Intelligent Transport Strategy solves the challenges of delivering business benefit in the mobile logistics marketplace. Key to the realisation of this strategy are real-time track and trace, the use of RFID auto ID technology for non-invasive data collection and the delivery of data using persistent message queuing.
Elizabeth Arden experiences a 25 per cent reduction in overtime costs despite a 25 per cent increase in volume with TRAXi3
Jan 17, 2006 Comments (0)
Elizabeth Arden had a problem. Its international business was growing, but its ten-yearold system for generating documentation was not able to keep up. Plus, with more andmore restrictions being placed on shipping some of the ingredients that were used intheir products, they needed a system that would make sure they stayed in compliance with hazardous material regulations.
Dec 13, 2005 Comments (0)
The Russell Corporation, an international apparel company specialising in the sourcing and selling of activewear and athletic uniforms, has gone live with an IT project aimed at significantly cutting down on supply chain lead times and alleviating the need to carry so much surplus stock.
Dec 05, 2005 Comments (0)
Coordinating the diverse elements in the supply chain is a constant challenge, but powerful PRISYM Track software from PRISYMID links them all into a seamless, effective and productivity-enhancing process.
Dec 05, 2005 Comments (0)
COTY INC. SIGNS 5-YEAR CONTRACT WITH IBM FOR BUSINESS TRANSFORMATION SERVICES
Nov 28, 2005 Comments (0)
Precision expands its global network of offices with the opening of a German office in Dsseldorf
Nov 24, 2005 Comments (0)
Yorkshire Purchasing Organisation (YPO), the largest public sector consortia provider of goods and services and food to both the Education and Local Authority sectors in the UK, has decided to use the Aldata G.O.L.D. Supply Chain Management software to support its wholesale operations
Sterling Commerce joins retail/CPG giants in support of Global Data Synchronisation (GDS) initiative
Nov 15, 2005 Comments (0)
Sterling Commerce is one of thirty signatories including Tesco, Asda, Unilever UK Ltd., Cadbury Trebor Bassett, Gillette, Procter & Gamble, Masterfoods and Kraft Foods Ltd. have signed a pledge to back the Global Data Synchronisation (GDS) initiative.
Precision Software presents i3 Ship at the Haydock Thistle Hotel, Haydock, Merseyside, Thursday 24th November 2005
Nov 11, 2005 Comments (0)
i3 Ship: The integrated solution to help you save time and money when shipping with parcel carriers
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.