Krispy Kreme chooses PCMS retail technology solution.
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.
Aug 18, 2004 Comments (0)
Aldata G.O.L.D.s comprehensive and integrated functionality for the daily goods sector was one of the main reasons for Nettos choice.
Aug 17, 2004 Comments (0)
Like a developing teenager the aerospace and defence industry is poised for another growth spurt.
Aug 10, 2004 Comments (0)
Epicor for Service Enterprises Enables Midmarket Professional and Embedded Services Organizations to Maximize Resources, Streamline Project Portfolios and Drive Profits.
Jul 29, 2004 Comments (0)
Aldata received an order from Roche Diagnostics in Germany in May 2003 and the first phase of the delivery has now been successfully completed.
Jul 29, 2004 Comments (0)
Increasing service levels through improved inventory planning is key driver
Jul 21, 2004 Comments (0)
Aldata have announces the availability of its 2nd generation of voice technology systems, G.O.L.D. Vocal, which provides a complete set of warehouse operations including picking, splitting and inventory under voice technology.
Jul 20, 2004 Comments (0)
FWL Technologies Ltd has become an Automated Manifest System (AMS) service centre provider after successfully completing the regulatory and technical testing with US Customs.
Jul 19, 2004 Comments (0)
The Information Management (IM) Awardsnow in their ninth yearare the most widely recognized and coveted symbols of excellence and innovation in the management of business information in the UK.
Jul 15, 2004 Comments (0)
Due to the new legislation in the USA on bio-terrorism, Grand Marnier has to locate and trace its entire production and distribution supply chain, from raw materials through to finished goods.
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.