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

IBS extends the use of its world-leading supply chain management software to multiple platforms

IBS, in alliance with IBM, announces an extensive development plan for its software portfolio. In order to offer customers increased flexibility regarding technology infrastructure and to increase market share in selected industries, IBS will during 2006 offer versions of its supply chain-focused enterprise software suite, ASW, to run on i5/OS, Linux, Unix and Windows.

Compliance with the U.S. Bioterrorism Act of 2002 has a new ally in North America

Due to the rapidly expanding user base of the Catellae Food Traceability System, Lyngsoe Systems announces the launch of their web-based RFID enabled "Food Track & Trace solution" in the United States.

Frans Maas pioneers Dover link, gains nationwide clearance capability

The Dover branch of international freight forwarding and global logistics company Frans Maas is the first of the port's agents to benefit from a new digital link to the Dover DTI community, installed by Customs software specialist Impatex.

Management Dynamics Expands European Operations to Meet Growing Demand

Leading on-demand solution provider launches London office, builds upon U.S. success.

Martec and Kewill spell out the true cost of automating supply chain management

Kewill, the leading provider of business-to-business supply chain execution solutions, has launched Business Impact Assessment Calculator, to help retailers assess the benefits of implementing order management systems.

ARAMARK chooses BCP's Accord Retailer for MOD stores

Business Computer Projects Ltd (BCP), the retail and supply chain solutions specialist, has implemented its Accord Retailer retail management solution at a number of MOD stores on behalf of managed services supplier, ARAMARK UK.

Performance management ensures the correct action at the correct time

Performance management and KPIs are not just about measurements, but first and foremost about controlling speed and direction (using measurements).

RetroSpect - A quick way to make your warehouse more efficient

RetroSpect is a solution for analysing historic data and gives completely new possibilities for following up your operations. RetroSpect analyzes data from any Warehouse Management System. RetroSpect replaces the need to employ specialists to produce data and can be used over the Internet.

Teradata Announces Upgrade of Solutions Tailored for Manufacturing Industry

Teradata, a division of NCR Corporation (NYSE: NCR), today unveiled Manufacturing Logical Data Model (MLDM) 3.0, which defines how different types of data relate to each other and is a roadmap for building an enterprise data warehouse.

Addressing Inventory Productivity and Customer Service Issues

Teradata Demand Chain Management Release 3.2 Jointly Developed with Major Retailer to Address Inventory Productivity and Customer Service Issues.

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