Davies Turner has boosted productivity by 20 percent following the implementation of Warehouse Management supplied by RedPrairie.
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.
Symmetry Medical selects Epicor Manufacturing Solution to improve business efficiency
Oct 14, 2008
Epicor Software Corporation announced that Symmetry Medical has selected Epicor Manufacturing as its fully integrated Enterprise Resource Planning (ERP) solution.
RedPrairie customers share secrets of extreme performance
Oct 08, 2008
RedPrairie Corporation held its third annual international customer conference and exhibition on 16-17 September
Third Generation Active RFID Bursts onto the Scene
Oct 07, 2008
The third generation has a number of remarkable new systems which have just become available
GS1 UK launches Data Quality initiative
Oct 07, 2008
Sainsburys and Britvic co-chair industry forum to standardise product information
Nisa-Todays enables local sourcing with electronic trading from Kewill
Oct 06, 2008
Nisa-Today's has selected Kewill to deliver software and services that will support their local sourcing initiatives
The 2nd eyefortransport Hi-Tech & Electronics Supply Chain Summit
Oct 03, 2008
The 2nd eyefortransport Hi-Tech & Electronics Supply Chain Summit is an exclusive, executive-level event specifically designed to address the needs and interests of the Hi-Tech & Electronics Industry
Wesupply recognised for its intelligent electronic trading solution
Sep 26, 2008
Wesupply has been awarded the title Innovation in Supply Chain Management 2009' by the Institute of Transport Management, following an independent research study into the challenges and changing demands of the global freight industry
New automated logistics system unlocks a more dynamic supply chain for TJX Europe
Sep 25, 2008
TJX Europe, the company behind the successful TK Maxx and HomeSense retail chains, has invested in a high performance automated logistics system at its Processing Centre in Walsall
Psion Teklogix unveils NEO
Sep 23, 2008
The latest entry-level device for enhanced mobile productivity is Psion Teklogix's next-generation, lightweight, pocket-sized, rugged, handheld computer.Features include an angled display for optimal viewing during data capture and a brilliant colour touch screen.With its compact size and an 8-hour battery, NEO is designed for today's mobile workforce.
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.
