OMP Plus, OM Partners newest software solution, incorporates the latest integration technology and the vendors know how in supply chain planning
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.
New CEO to Consafe Logistics
Apr 08, 2008
Robert Jansson (pictured) returns to the company to take over from Ulf Wallin
Peppers Warehousing choose Belgravium
Apr 07, 2008
As part of their ongoing service commitment, Peppers chose Chess Logistics together with Belgravium Ltd to provide a solution which will effectively update their current logistics function
Four Soft and TAKE Solutions intend to establish Global Leadership in SCM
Apr 07, 2008
4S and TAKE Solutions, both providers of IT products and solutions in the Supply Chain Management, have announced their intent to merge
TRI-NET go global with Kewill
Apr 07, 2008
Kewill has been selected by Tri-Net Logistics Management as its solution provider for its U.S. based Freight Forwarding business
Wonderware achieves business milestone
Apr 02, 2008
Wonderware, a business unit of Invensys, has announced that it has achieved a significant milestone by having its customers actively deploying more than 500,000 software licenses around the globe
Agility acquires stake in US-based global supply chain company
Apr 01, 2008
Agility and Industriaplex Inc., a next generation B2B service provider, have formed a strategic alliance with Agilitys acquisition of a 10.82 percent equity stake in the company
30th anniversary of IBS developing and delivering world-class business systems
Mar 31, 2008
IBS was formed in Sweden in 1978 and has since grown to become one of the industrys leading vendors of supply chain management software
Manhattan Associates appoints director of international communications strategy
Mar 31, 2008
New post critical to building brand in Asia-Pacific and to strengthening company's market position in Europe, the Middle East and Africa
Keystone Distribution centre rises from the ashes
Mar 27, 2008
Following the massive Buncefield Oil Depot explosion in 2005 that devastated its previous depot, Keystone Distribution UK has returned to Hemel Hempstead with the opening of an advanced 22,800 m2 composite distribution centre
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.
