Online Data Validation paired with Printronix thermal printers guarantees 100% readability and realises ROI in two months
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.
ILOG Plant PowerOps 3.1 offers dynamic safety stock for true demand-driven manufacturing
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ILOG has unveiled ILOG Plant PowerOps 3.1 , the latest version of ILOGs integrated planning and scheduling solution, featuring industry-first support for dynamic safety stocks
Nestl hires Transporeon
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Nestl Purina PetCare Europe has selected Transporeon's e-logistics solutions for the management of its international transport
Case Study - Transwide improves transportation execution performance for Carmeuse Group
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Operating in 22 countries, with over 100 production plants worldwide, Carmeuse manufactures and ships more than 58 million tons of lime and limestone products per year
Kookai selects Kewill to enable electronic trading
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Epicor to support Microsoft Cloud Services initiative
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Epicor Software Corporation announced at the Microsoft Professional Developers Conference 2008 its support of Microsofts cloud computing initiative Azure Services Platform
Fosters Group implements RedPrairie
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RedPrairie has announced that Fosters Group has rolled out RedPrairies Warehouse Management System to 14 sites in Australia and the USA
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Europe is Plagued by Empty Trucks
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Helping the medicine go down the supply chain
Nov 10, 2008
Manufacturing & Logistics IT spoke with Paul Woodcock and Prasanna Pant from Tata Consultancy Services about a range of current issues and concerns within the pharmaceutical sector, and how reputable consultancy practices can help ensure good practice is adhered to throughout the companys manufacturing and supply chain processes
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.
