Greycon Ltd has introduced D-Opt, a patent-pending product cycle optimisation solution designed specifically to increase planning productivity and schedule efficiency and to decrease inventory and stock outs.
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.
3M launches new warehouse management system for growing SMEs
Oct 30, 2007
3M has announced a fast track sister product to its existing WMS, HighJump Warehouse Advantage
Microlise can help your fleet save fuel
Oct 30, 2007
Increased world demand for oil coupled with the introduction of higher duty rates has continued to push up prices for bulk diesel fuel contracts to over 82 pence per litre and some pump prices to over 1.
Weetabix selects Manhattan Associates to support global fulfilment operation
Oct 29, 2007
Manhattan Associates, Inc. has announced that breakfast cereal producer The Weetabix Food Company will standardise its distribution operations on Manhattan Associates' global supply chain platform.
ProcServe selects Seeburger to provide Integration Services
Oct 24, 2007
SEEBURGER UK has announced that its Business Integration Server (BIS) has been selected by ProcServe to enable integration within its eProcurement system to existing supplier and customer supply chain systems.
Georgia Pacific Cuts Distribution Centre Overheads by 22% with Warehouse Management System from RedPrairie
Oct 24, 2007
Tissue and paper products manufacturer Georgia Pacific has automated warehouse management at its 350,000 square foot pallet distribution centre near Wigan, Lancashire
Plannja grows with IBS
Oct 24, 2007
Plannja, a manufacturer of sheet metal products for the building industry, is developing its cooperation with the business system supplier IBS.
K3 wins major contract to supply end-to-end solution to world leading ceramic tableware manufacturer Dudson
Oct 22, 2007
The Dudson Group has chosen SYSPRO from leading enterprise software company K3 Business Technology Group to support the evolution and expansion of its burgeoning business.
RedPrairie introduces Performance Management to international retail & food service markets
Oct 18, 2007
RedPrairie Corporation has unveiled Retail Performance Management [RPM] for Retail and Food Service.
Wonderware releases New compact panels as part of scalable, enterprise-wide HMI and SCADA offerings
Oct 17, 2007
Wonderware United Kingdom has announced new compact panels to its industrial computer product line.
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.
