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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Is a collaborative approach the best way to improve your supply chain?

CSC examine the evolution of the supply chain.

Musgrave chooses Accord for Variety Foods acquisition

Following its recent acquisition of specialist frozen food supplier - Variety Foods - Musgrave Foodservices is investing in an Accord - Distribution solution, from supply chain specialist Business Computer Projects Ltd (BCP), to replace the current system and to enable rapid integration of the new business within Musgrave.

OFFICIAL OPENING OF AWARD WINNING WAREHOUSE FACILITY IN LEICESTER

OFFICIAL OPENING OF AWARD WINNING WAREHOUSE FACILITY IN LEICESTER

United Kingdom Warehouse Association (UKWA) has awarded Warehouse Team of the Year to C.S. Ellis Groups Corgi facility in Leicester. Corgi is the leading name in die-cast scale models and one of Britain's best known brands.

Optimal stockback to basics

Optimal stockback to basics

In both retail and wholesale distribution, matching stock to demand is critical to profitability--maximising service levels while minimising stock investment. This is one of the areas where your IT system can deliver a fast ROI-provided it offers the right functionality and this is properly used.

CIMANDIS Choose Sanderson to Support Business Growth

Sanderson, a UK supplier of software and IT services, has won a contract to supply new technology to CIMANDIS. In a substantial order Sanderson will provide powerful new servers to support the growing enterprise.

Manhattan Associates Completes Acquisition of Evant

Expands Supply Chain Product Footprint to Include Demand Planning & Forecasting and Replenishment

TraffiCom in the IKEA Peterborough Customer Distribution Centre

Since the implementation of Astro WMS and the installation of TraffiCom computers IKEA Peterborough have seen an amazing improvement in both efficiency and picking quality.

COOP Vejen: From manual warehouse to advanced wireless dispatch in a weekend

A new warehouse management system provides COOPs dry-goods warehouse in Vejen real-time updating, automatic restocking of goods in the warehouse and wireless dispatch.

ANWB choose Consafe Logistics for multi-site installation

Consafe Logistics has received a new order for a multi-site SattStore WMS system from ANWB and Telstar.

ACQUISITION OF AGILITY SYSTEMS FOR UP TO 3.8M

Chelford Group plc ("Chelford"), the IT supply chain software/services and SAP solutions Group, is pleased to announce that it has acquired Agility Systems Limited ("Agility") for a maximum consideration of up to 3.8 million.

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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