Thorntons, a UK chain of chocolatiers, has implemented G.O.L.D., a suite of retail management software from Aldata, a leading provider of software solutions for the global retail industry, to support its business growth and forward strategy.
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.
IBS LAUNCHES AUTOMATED AND INTEGRATED SOLUTION FOR EFFECTIVE PROJECT MANAGEMENT
Nov 21, 2006
IBS UK has announced the immediate availability of its Advanced Project Management (APM) module.
Lawson: Untapped Supply Chain Management Opportunities Leave Global Food & Beverage Firms at Risk
Nov 16, 2006
Study suggests companies could immediately benefit from better use of technology
BFS delivers second Just-In-Sequence System for Toyota
Nov 10, 2006
The Blue Sequence solution is a sophisticated mission-critical application which forms part of Toyota Motor Manufacturing's own "sequence-in-time" production process.
RedPrairie DigitaLogistix Attains "Powered by SAP NetWeaver" Status
Nov 08, 2006
Certification will ease integration for customers deploying RedPrairie with the latest SAP solutions
Tesco builds purchasing power in central Europe with Enabler Wipro know-how
Nov 02, 2006
Leading international retailer, Tesco has selected IT and business services company, Enabler Wipro, as its integration partner to build centralised purchasing systems for its growing business in central Europe.
Ikea Revamps Supply Chain Strategy with JDA
Oct 26, 2006
IKEA is expanding globally and fast gaining market share.
First international RedPrairie user conference proves a massive hit - attendance exceeds expectations
Oct 25, 2006
To wide acclaim, RedPrairie, the worlds leading consumer driven optimisation company, has held its first international all product user conference.
Global logistics: latest version of Audax's FCS provides Management Console and will appeal to global manufacturers looking to become their own 4PL
Oct 24, 2006
Audax Software has announced the latest version of its market-leading delivery pipeline software FCS, which will appeal to global manufacturers looking to become their own 4PL in order to save costs, gain control over their 3PL and improve SLAs.
Four Soft launches the next version of its webcentric solution for transportation and freight industry
Oct 20, 2006
4S eTrans gives operational and financial control of global & domestic freight movements from order to cash
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.
