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

Product innovation is demand-driven

Product innovation is demand-driven

There is no doubt that product innovation is a key factor in competition strategies. Even though price and service are important in determining the purchase of goods, today, the playing field to defeat competition is the level of the product itself and its quality, usability and capacity to meet consumers varying demands.

Aldata to supply G.O.L.D. to Musgrave

Musgrave's decision to adopt the G.O.L.D. software is part of an overall Group strategy to upgrade and develop the existing IT infrastructure, in order to support future business growth.

MAGENTA LAUNCHES INTELLIGENT SCHEDULER SOFTWARE TO ADVANCE SUPPLY CHAIN EXECUTION

Magenta Technology has announced the launch of i-Scheduler applications and components. Magenta's i-Schedulers are intelligent, event-driven planning software.

FREEWAY LAUNCHES NEW ECOMMERCE HUB SOLUTION

Freeway Commerce, one of the fastest growing EDI and integration software providers in the UK, has launched a new product for companies looking to establish a cost-effective ecommerce hub solution and enable their supply chain in a matter of weeks.

TRANSALIS LAUNCHES PAY AS YOU GO EDI FOR COMPANIES OF ANY SIZE

Transalis Ltd has announced the immediate availability of iComConnect.NET, a Pay As You Go EDI Solution that allows companies to trade electronically with all of its customers large and small. This unique solution, developed by a British company, is set to deliver the cost savings and efficiency benefits that EDI provides for potentially thousands of small & medium size companies in the UK and beyond.

Leading U.K. Importer and Distributor of Floor Coverings and Furniture Chooses Epicor

Responsive Designs to Leverage Epicor for Distribution to Reduce Costs and Drive Efficiency in Business Processes and Warehouse Operations

SEEBURGER Positioned in Leader Quadrant for B2B Gateway Providers in Magic Quadrant Report

The companys B2B gateway is an integral component of the SEEBURGER Business Integration Server, a comprehensive integration platform designed to cut administrative costs and accelerate business processes by automating trading relationships throughout the supply chain.

Progress partner Open Logistix expands with Enigma acquisition

Common Progress OpenEdge technology platform aids product line integration.

EXEL DELIVERS COMPLETE AUTOMOTIVE PARTS SUPPLY CHAIN SOLUTION FOR AFTERMARKET (UK) LTD IN UNDER SIX WEEKS

Exel will manage the handling and despatch of ACDelco product as well as providing a materials management service to Aftermarket (UK) Limited as part of the supply chain solution. The solution was designed and delivered by Exel in under six weeks to support the re-launch of the ACDelco brand in the UK.

IBM INTRODUCES WORLDS FIRST SUPPLY CHAIN OUTSOURCING OFFERING

IBM to Leverage Assets and Expertise from IBM's own Supply Chain Transformation.

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