RedPrairie Corporation will be discussing how importers, warehouse operators, freight forwarders, agents, carriers and manufacturers can comply with the Authorised Economic Operator accreditation at the Logistics Link South event.
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.
RedPrairie receives Strong Positive rating in leading analyst firms Retail MarketScope report
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RedPrairie Corporation, a consumer-driven optimisation company, has announced that its Workforce Management (WFM) and Execution Management solutions received a Strong Positive rating
Zebra strips RFID to reveal its full potential
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Recession could be boom time for Auto-ID predict experts
TCS helps keep a tab on implants
Dec 17, 2008
Tangible and quick ROI, coupled with fair cost-sharing mechanisms among supply chain partners is widely seen as one of the stumbling blocks preventing business decision makers investing aggressively in RFID-enabled business processes
Infor serves up integrated supply chain planning across Wedgwood Group
Dec 16, 2008
Infor has announced that Wedgwood, the English fine china producer, has selected an advanced supply chain management solution
Wolseley plc expands use of Descartes Routing Solutions
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Descartes Systems Group has announced that Wolseleys North America Division has expanded its use of Descartes Routing Solutions to North America
Supply Chain Distinction Awards 2009
Dec 09, 2008
Entry is free and the judges are waiting for your nominations, so why not submit an entry now .....
European Supply Chain and Logistics Summit 2009
Dec 09, 2008
SCL Europe 2009 delivers answers to the time-critical questions impacting your supply chain and logistics processes across Europe and beyond
Transwide achieves quadruple milestone
Dec 05, 2008
With offices in Europe and the US, Transwide has reached a milestone with more than 100 single logo clients.
RedPrairies Duty Management solution supports Kuehne + Nagels business growth
Dec 05, 2008
Kuehne + Nagel, a leading global logistics provider, is supported in its business growth by the Duty Management software solution from RedPrairie Corporation
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.
