Precision Software, a division of QAD Inc. has launched the latest expansion of its leading-edge global trade and transportation management solution, Precision TRAXi3
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.
Christian Salvesen increases efficiency with Warehouse Management System from RedPrairie
Jul 31, 2007
Christian Salvesen has selected RedPrairies solution for new warehouse implementations.
Aldata speeds up the supply chain with Product Information Management solution
Jul 23, 2007
Aldata has a launched a new Product Information Management module for its G.O.L.D. Central database that will enable retailers and their suppliers to collaborate more closely by synchronising, validating and referencing product catalogues.
sudhoff technik increasing transparency with Tablet PCs
Jul 20, 2007
Thanks to Document Management, the company sudhoff technik has greatly improved workflows in its warehouse.
Deacom selected as a leading supply chain software provider
Jul 20, 2007
ERP software provider Deacom, Inc. has been recognised by the 2007 Supply & Demand Chain Executive 100.
Blue Vector named as one of the top 100 supply and demand chain technology providers
Jul 20, 2007
Blue Vector Systems,has been chosen by Supply & Demand Chain Executive as one of the top 100 supply and demand chain technology providers.
M+R Spedag Group selects Infor Warehouse Management to expand supply chain services in Asia
Jul 18, 2007
Infor has announced that M+R Spedag Group will implement Infor SCM Warehouse Management (WM) to assist the expansion of its supply chain and logistics services across Asia.
Sterling Commerce recognised for delivering innovation to the manufacturing industry
Jul 18, 2007
Company named to Manufacturing Business Technology Global 100 List.
IBS announces global commitment and new VP for paper industry
Jul 13, 2007
In line with its strategy to focus on specific global industries, IBS has appointed Simon Shorthose to the position of Vice President of Paper Industry.
The Legrand Group extends Catalysts supply chain execution solution
Jul 12, 2007
Catalyst International has announced that the Legrand Group is to extend its Catalyst solution to include transportation planning and management, multi channel distribution and synchronised network fulfilment.
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.
