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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SAP Innovations for Digital Logistics and Order Fulfilment

SAP Innovations for Digital Logistics and Order Fulfilment

Increasing Speed and Efficiency in your Supply Chain through Enhanced Logistics and Order Fulfilment

Logility positioned as a Leader in the 2018 Gartner Magic Quadrant for supply chain planning system of record

Logility positioned as a Leader in the 2018 Gartner Magic Quadrant for supply chain planning system of record

Logility, Inc. today announced the company has been positioned by Gartner as a Leader in the August 2018 Magic Quadrant for Supply Chain Planning System of Record. This Magic Quadrant examines vendors that provide supply chain planning (SCP) system-of-record solutions.

Supply chain and logistics providers prepare for Hard Brexit

Supply chain and logistics providers prepare for Hard Brexit

One in six (17 per cent) of UK manufacturers have identified supply chain disruption as being the single biggest factor that will impact their business post Brexit.

A fifth of UK businesses have found wage abuses in their supply chain

A fifth of UK businesses have found wage abuses in their supply chain

Research from the Chartered Institute of Procurement & Supply (CIPS) has revealed that 21% of UK supply chain managers have seen wage violations in their supply chains over the last two years.

Peak? Which peak?

Peak? Which peak?

By Craig Summers, UK managing director, Manhattan Associates.

Whilst we are enjoying an uncharacteristic English summer, Christmas may seem a million miles away. But, as is customary in the retail world, brands far and wide will be setting up their plans to survive the busiest time of the retail calendar.

Brexit concerns loom large, despite businesses doing all they can to prepare

Brexit concerns loom large, despite businesses doing all they can to prepare

Fears over Brexit appear to be increasing businesses' perception of the risks in their supply chain, despite evidence suggesting many have taken steps to ready themselves for a post-Brexit environment, a new report has found.

Starbucks and Alibaba Group form strategic partnership to transform the customer experience in the coffee industry in China

Starbucks and Alibaba Group form strategic partnership to transform the customer experience in the coffee industry in China

Starbucks Coffee Company ("Starbucks") and Alibaba Group Holding Ltd. ("Alibaba") have announced a deep, strategic "New Retail" partnership that will enable a seamless Starbucks Experience and transform the coffee industry in China.

How the heatwave impacted the High Street

How the heatwave impacted the High Street

By Matthew Robertson, co-CEO, NetDespatch.

As we see the first signs of the heatwave dissipating and wetter weather coming in, this got me thinking about recent articles that I've read about the negative impact on productivity the balmy summer weather has had on office workers, with many preferring to work from home and not venture into heat-baked cities, over-crowded tubes and frenzied traffic jams.

GreyOrange sorts fast fashion with new high-speed Linear Sorter for supply chain automation

GreyOrange sorts fast fashion with new high-speed Linear Sorter for supply chain automation

Robotics and supply chain Automation company GreyOrange has announced the installation of its latest Linear Sorter at an international fashion company that provides fashion clothing and accessories across India; for women, men, teenagers and children.

Brexit and Stockpiling: What’s the answer?

Brexit and Stockpiling: What’s the answer?

By Charlie Pool, CEO, Stowga.

Brexit is dominating conversations once again and creating waves of uncertainty in almost every industry. But the big questions everyone is asking right now is: do we have to start stockpiling our imported goods to prepare for a no deal Brexit? What happens to our food if it's held up at customs? Will there be shortages?

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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