Managed services supplier, ARAMARK UK, has boosted store turnover and cut stock taking time by rolling out the latest retail management solution from BCP and Toshiba TEC Europe to the MODs fast-growing stores estate.
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.
TXT e-solutions joins Microsoft Industry Builder Initiative with its Consumer-Driven Planning solutions
Aug 11, 2006
Microsoft announced on July 10 at the Tech-Ed 2006 Conference, held in Boston in the presence of 15.000 international specialists, that TXT had joined the Industry Builder program.
Suppliers Open All Hours for supply chain knowledge
Aug 09, 2006
Data standards body commissions research into supply chain technology adoption amongst small grocery suppliers
Epicor Delivers Retail Integration in Record Time
Aug 02, 2006
Epicor Service Connect Facilitates Integration of Epicor Enterprise Financials Suite and Epicor|CRS Retail Solutions
ALR chooses BCPs Accord to help spread its message
Aug 02, 2006
Abundant Life Resources (ALR), is investing in a fully integrated multi-channel Accord retail system from solutions specialist, Business Computer Projects Ltd (BCP) for its retailing operation.
Uncovering the true causes of automotive supply chain failure
Aug 01, 2006
New research provides insight into the real problems that threaten to bring the worlds automotive production lines to a halt
Conforama Increases Market Share, Boosts Service Levels by 20 Per Cent and Improves Product Availability with JDA Portfolio Replenishment Solutions
Aug 01, 2006
Conforama is the world's number-two seller of home appliances and furnishings with 245 stores in Europe selling more than 20,000 products.
Kewill enables Specialty Retail Group to race suits to store and remove warehouse pressure
Jul 28, 2006
Kewill Solutions Europe (KSE) announce that Specialty Retail Group has cut its order to delivery cycle times by up to two weeks following the implementation of an electronic trading system Kewill Trade.
ADMIRAL TAVERNS DRINKS TO SUCCESS WITH K3
Jul 28, 2006
Leading pub operator Admiral Taverns, who run over 1,200 pubs in the UK, has selected a new head office solution from K3, Microsoft Dynamics largest partner in the UK.
SCOTTISH COMPANY TRACEALL HELPS RAISE FOOD STANDARDS
Jul 27, 2006
Online system provides supply chain traceability
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.
