i2 Technologies, Inc. has announced that Esprit, the international lifestyle brand is now live with i2 solutions.
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 Kyman Version 5: empower your daily work
Oct 10, 2007
Datalogic Mobile has lauched New Kyman Version 5, the new rugged mobile computer which incorporates the latest innovations in ergonomics, design and system architecture
Tyco Thermal Controls upgrades IBS Enterprise software
Oct 10, 2007
A new agreement covering twelve European countries means that all of Tyco Thermals existing ERP solutions from IBS will be upgraded to IBS Enterprise 6.0.
Webinar: 11th October 2007 Optimise your Metals Supply Chain
Oct 04, 2007
Supply chain management is a key business process in the metals industry to leverage quality, cost reduction, asset utilisation, customer service levels and lead times.
CDC Software Completes Acquisition of Catalyst International
Oct 04, 2007
CDC Software, a provider of industry-specific enterprise software applications and business services, has completed its acquisition of Milwaukee-based Catalyst International, a leading provider of supply chain execution solutions and services
Import Services moves into e-logistics with online retailer new contract win
Oct 04, 2007
Logistics provider Import Services has added a new home delivery service to its operation after signing an e-fulfillment contract with internet retailer OnlineSalesDirect.
UK lags in European supply chain for achieving Perfect Order, reveals Sterling Commerce research
Oct 03, 2007
Sterling Commerce, an AT&T Inc. subsidiary has announced the results of a survey of European IT managers.
Access Supply Chain reports buoyant software sales
Oct 01, 2007
Access Supply Chain has reported buoyant sales in the first six months of 2007, with an 18 per cent increase compared to the same period last year.
BCP gives retailers the benefits of OLA over Broadband
Sep 27, 2007
Retail solutions provider Business Computer Projects Ltd has developed a flexible solution to give retailers the speed, reliability and financial benefits of using Broadband for online authorisation of card payment transactions and Paypoint Services.
First Milk chooses IFS Applications to help streamline its supply chain
Sep 26, 2007
IFS has announced that Britains largest UK- farmer-owned business First Milk, has selected IFS Applications to provide full integration of all critical business processes and optimize production across its cheese division sites nationwide
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.
