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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Multimodal 2020: Sustainability in supply chains takes centre stage

Multimodal 2020: Sustainability in supply chains takes centre stage

Sustainability issues within global supply chains will take centre stage at Multimodal 2020, the UK, Ireland, and Northern European freight transport, logistics and supply chain management event, which is set to take place for the 13th year running at the NEC in June.

Voxware highlighting augmented reality and supply chain analytics throughout Modex 2020

Voxware highlighting augmented reality and supply chain analytics throughout Modex 2020

Voxware, the provider of cloud-based voice and analytic supply chain solutions, is to exhibit at Modex 2020 (Booth 7481).  Attendees will have the opportunity to experience the benefits of Voxware’s Augmented Reality (AR) solution and VoxPilot, its enterprise analytics software.

Intermarché selects Zetes visibility solution to drive supply chain efficiency

Intermarché selects Zetes visibility solution to drive supply chain efficiency

Intermarché, a brand of Os Mosqueteiros Group, a leading European retail group, has selected Zetes to help achieve advanced visibility and greater efficiency across its Portuguese supply chain operations.

The Hallmark of optimum warehouse management

The Hallmark of optimum warehouse management

A leading 3PL specialist is quickly enjoying 40% efficiency increases on some of its fulfilment lines after implementing a best-of-breed warehouse management system (WMS).

Trade deal trade-offs: Supply chain managers warn US deal could do more harm than good

Trade deal trade-offs: Supply chain managers warn US deal could do more harm than good

A hasty trade deal with the United States could weaken food standards, lower worker protections and flood the market with cheap American imports according to the Chartered Institute of Procurement & Supply (CIPS).

Sustainability is the watchword

Sustainability is the watchword

Sustainability is truly the watchword of our times. With many customers keen to find ways to include more climate-friendly practices in their lives, retailers are turning their attention to delivering greener options and information.

Bathroom and kitchen retailers’ returns policies give ParcelHero a sinking feeling

Bathroom and kitchen retailers’ returns policies give ParcelHero a sinking feeling

Manufacturers and sellers of large and heavy items such as kitchen sinks and bathroom products must re-think their returns policies, says ParcelHero, to stop needless damage and delays.

DB Schenker to secure deliveries with Zetes

DB Schenker to secure deliveries with Zetes

Global logistics provider DB Schenker will enhance its delivery processes with Zetes.To ensure a seamless and continuous flow of goods with a lean and optimised supply chain, the operator will implement Zebra handheld terminals and fully managed services in Sweden and Denmark, as part of a wider European implementation.

Optimising store inventory and fulfilment with RFID

Optimising store inventory and fulfilment with RFID

The demand for flexible fulfilment is growing. Consumers expect inventory availability information and flexible fulfilment options that support their busy lifestyles, whether it’s shopping online with a view into local store inventory, selecting to pick up their online purchases in-store or opting for same-day delivery to meet an immediate need.

Emailgistics launches new SaaS Solution for team email collaboration

Emailgistics launches new SaaS Solution for team email collaboration

Emailgistics Corp. has announced the general availability of its self-named Software-as-a-Service solution.

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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