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.

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Dedagroup Stealth fashions omnichannel solution for luxury online lifestyle brand, Trussardi

Dedagroup Stealth fashions omnichannel solution for luxury online lifestyle brand, Trussardi

Italian fashion house, The Trussardi Group, has repositioned its brand in the contemporary luxury market, evolving its business model from wholesale to omnichannel retail, with a solution from Dedagroup Stealth, the company dedicated to fashion and luxury retail, and part of Dedagroup.

Manhattan Associates named a Leader in The Forrester Wave

Manhattan Associates named a Leader in The Forrester Wave

Manhattan Associates Inc. has been named a Leader in The Forrester Wave: Order Management Systems (OMS), Q3 2018 report by Forrester Research.

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Three ways your supply chain manager can help improve speed-to-market

By John Caltabiano, VP of Global Supply Chain, Jabil.

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Blume Global introduces a new digital era of growth, innovation and value creation for the global supply chain ecosystem

Blume Global introduces a new digital era of growth, innovation and value creation for the global supply chain ecosystem

Rez-1, Inc. has announced a significant evolution in its vision to empower a real-time digital, collaborative, and growth-focused global supply chain ecosystem, with its expanded strategic focus, new name and new solution offerings.

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DynaSys Recognized as a Challenger in Gartner Magic Quadrant for Supply Chain Planning Systems of Record

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UK and German manufacturers confident they can meet the challenges of Brexit but call for clarity

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Vallourec and PSI extend Worldwide Master Supply Agreement (MSA)

PSI Metals has signed a Master Supply Agreement (MSA) with Vallourec, defining the governance of the close cooperation with respect to production management solutions based on PSImetals.

Molton Brown improves stock accuracy with Datalogic Memor

Molton Brown improves stock accuracy with Datalogic Memor

Datalogic has announced that its Memor mobile computer is being used by luxury fragrance brand Molton Brown to improve stock accuracy and visibility across its network of 58 independent stores located in the UK, Ireland and USA and at selected concessions housed within 15 to 20 high-end department stores.

Underwear apparel company Hanes rolls out FuturMaster demand planning software to boost global supply chain

Underwear apparel company Hanes rolls out FuturMaster demand planning software to boost global supply chain

HanesBrands, the $6.5bn global apparel company that manufactures and sells a number of leading underwear and activewear brands including Wonderbra, DKNY, Playtex and Champion, is deploying a standardised IT system to help with supply and demand forecasting in more than twenty-five countries.

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.

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