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

Weatherproofing the Supply Chain

Weatherproofing the Supply Chain

Let information transparency and responsiveness be your umbrellas - By Allen Scott, UK Managing Director, Manhattan Associates

DHL SITE WINS SAINSBURY'S 'CENTRE OF EXCELLENCE' AWARD

DHL SITE WINS SAINSBURY'S 'CENTRE OF EXCELLENCE' AWARD

DHL Exel Supply Chain's Emerald Park site in Bristol has won Sainsbury's Depot of the Year award for its 'best in class' achievements in delivering excellent service to Sainsbury's stores across the South-West.

Analyst Firm Positions Epicor in Leaders Quadrant for Retail Point-of-Sale Software Applications for Tier 1 Retailers

Analyst Firm Positions Epicor in Leaders Quadrant for Retail Point-of-Sale Software Applications for Tier 1 Retailers

Magic Quadrant Evaluates Vendors on Completeness of Vision and Ability to Execute

K3 makes IT childs play for Smyths Toys

Smyths Toys, one of Irelands leading retailers has deployed a Microsoft Dynamics - based IT solution, provided and supported by leading supplier of IT solutions to mid-tier manufacturers, distributors, retailers and wholesalers, K3 to operate and control its business.

Orvis Selects Manhattan Associates' Integrated Planning SolutionsT

Advanced Planning and Replenishment will Help Optimise Inventory and Meet Demands of Multi-channel Business

ARAMARK rolls out BCP/Toshiba retail solution

ARAMARK rolls out BCP/Toshiba retail solution

Managed services supplier, ARAMARK UK, has boosted store turnover and cut stock taking time by rolling out the latest retail management solution from BCP and Toshiba TEC Europe to the MODs fast-growing stores estate.

TXT e-solutions joins Microsoft Industry Builder Initiative with its Consumer-Driven Planning solutions

TXT e-solutions joins Microsoft Industry Builder Initiative with its Consumer-Driven Planning solutions

Microsoft announced on July 10 at the Tech-Ed 2006 Conference, held in Boston in the presence of 15.000 international specialists, that TXT had joined the Industry Builder program.

Suppliers Open All Hours for supply chain knowledge

Data standards body commissions research into supply chain technology adoption amongst small grocery suppliers

Epicor Delivers Retail Integration in Record Time

Epicor Service Connect Facilitates Integration of Epicor Enterprise Financials Suite and Epicor|CRS Retail Solutions

ALR chooses BCPs Accord to help spread its message

ALR chooses BCPs Accord to help spread its message

Abundant Life Resources (ALR), is investing in a fully integrated multi-channel Accord retail system from solutions specialist, Business Computer Projects Ltd (BCP) for its retailing operation.

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