Epicor receives top scores in software delivery and financing options for large enterprise and SMB markets in independent research report
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.
Constellation Europe chooses RedPrairie's E2e suite
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Constellation Europe has sellected E2e suite from RedPrairie to integrate Warehouse and Duty Management, boost efficiencies and lower technology costs at Europes largest bonded warehouse
Motorola supplies 20,000+ licences for MotoLocator in 18 Months
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Blue light services in more than ten countries have turned to Motorola to help track the location of people, vehicles and other assets
Sterling Commerce named as Strong Performer
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Independent research firm names Sterling Commerce as a Strong Performer in Enterprise Applications Software Licensing and Pricing Report
Plastral selects IBS software
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IBS, International Business Systems, has recently signed an agreement with Plastral Pty Ltd, an Australian-based importer, stockist and distributor of a wide range of specialty chemicals, rigid plastic sheet products, specialty polymers and plastic welding equipment.
Sterling named a Top 50 Technology for manufacturers
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Sterling Commerce has announced that the companys Sterling Selling and Fulfilment Suite was named a Top 50 Technology for manufacturers by START-IT Magazine.
Food & drink industry to cooperate in ongoing measurement of supply chain environmental efficiency
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At a series of workshops, organised by Scala Supply Chain Consulting, agreement was reached by participants to measure the impact of the supply chain on the environment.
Global Shipping & Logistics poised for strong growth in Middle East with Manhattan Associates Supply Chain Platform
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Successful go-lives at Dubai Investment Park trigger plans for accelerated expansion
New President of Wonderware appointed
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British engineering firm Invensys plc. has announced that Sudipta Bhattacharya was taking on a new role within the organisation as president of the Wonderware business unit of Invensys.
RedPrairie congratulates Chinese customers
Nov 05, 2007
RedPrairie congratulates GITI Tire and Fanhang Logistics on being nominated finalists in the 2007 CHaINA Awards, the supply chain and logistics awards of the China Supply Chain Council, the country's leading society for supply chain professionals.
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.
