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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Changing Global Economies Create New Global Sourcing Opportunities for the Fashion Industry

Changing Global Economies Create New Global Sourcing Opportunities for the Fashion Industry

Fashion and apparel companies spend their time trawling the world to find the best value and most reliable sources for both raw materials and finished goods. And with the lifting of World Trade Organisation quotas on textiles and clothing, their nets are likely to be fuller than ever as more manufacturers gain access to western markets.

River Island Works Smarter with JDA Portfolio

For River Island, moving forward with new, integrated JDA Portfolio software has been instrumental in helping the UK retailer stay ahead in the fast-moving world of high street fashion.

IBS DELIVERS GLOBAL ERP AND SUPPLY CHAIN SOLUTION FOR MAXELL

IBS DELIVERS GLOBAL ERP AND SUPPLY CHAIN SOLUTION FOR MAXELL

Maxell Europe has completed its European roll-out of its IBS Enterprise integrated ERP and supply chain software solution and is currently expanding this roll-out to cover all international operations.

More added-value with 2nd generation mobility, application platform and supply chain enhancements

Aldata today announced the general availability of the next release of its G.O.L.D. supply chain software for November 2005. Containing technical, application development and business functional enhancements, G.O.L.D. V5.0.4 retains Aldatas position in being one step ahead in the global supply chain software market.

25 years of Customs software

The UK's longest-established Customs software supplier is celebrating 25 years in business. From a one-man, one-customer business in 1980, Impatex Computer Systems now employs 25 staff and provides software for nearly 300 customers at nearly 700 sites in the UK.

STATE OF FLUX INTRODUCES MOBILIZE TO EUROPEAN LOGSITICS MARKET

State of Flux, a leading supply chain consulting company, is today announcing a partnership with Kaluma to deliver process-based logistics solutions based on its Mobilize software platform, to the European logistics market.

Oakleys Select Sanderson to Support Corporate Growth

The software will provide Oakleys with an integrated system that will automate all areas of the operation and provide greater visibility of customer information.

Card World cuts surplus stock with VcsTimeless

Card World cuts surplus stock with VcsTimeless

UKs largest independent non-food retailer in South West goes live with multi-channel solution to reduce inventory

Four Seasons Choose Sanderson to Support Business Expansion

The Price List Order Form (PLOF) generator from Sanderson will allow Four Seasons to cut administration time whilst improving customer service. The generator can produce PLOFs quickly and efficiently and also has the facility to produce customer specific order forms.

RedPrairie Acquires Retail Supply Chain Solution Provider

RedPrairies acquisition of RangeGate will provide enhanced visibility, compliance and execution along with in-store capabilities for retail customers

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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