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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Bakery supply chain equipment recoveries up 54% in second half of 2020

Bakery supply chain equipment recoveries up 54% in second half of 2020

Bakers Basco, the industry-wide bakery equipment solution set up by five of the UK’s largest plant bakers for transporting bread and morning goods, has reported a 54% increase in the number of Omega bread baskets recovered between the first half of 2020 compared to the second half of the year, according to latest figures.

Act small, think big: the rise of convenience stores

Act small, think big: the rise of convenience stores

The trend of ‘shopping local’ has risen steadily over the last few years, due in part to the increase in the number of convenience stores in various locations across the UK. In England specifically, there is one convenience store for every 1,455 people, with plans for new stores continuously emerging.

Reimagined supply chains emerge from global crisis as enterprises focus on data insights to mitigate risk

Reimagined supply chains emerge from global crisis as enterprises focus on data insights to mitigate risk

New research from Orange Business Services found that the supply chains in 40% of multinational corporations were unable to cope with the crisis created by the pandemic. The survey of 320 enterprises, focusing on the manufacturing, transport and logistics sectors, revealed that the global crisis has dramatically changed attitudes to risk.

Iptor and HARMAN expand strategic partnership

Iptor and HARMAN expand strategic partnership

Iptor, provider of enterprise resource planning, supply chain management, planning and logistics software and services, has expanded its strategic partnership with HARMAN, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets.

Brexit red tape is creating a sticky mess at borders, says ParcelHero

Brexit red tape is creating a sticky mess at borders, says ParcelHero

Brexit bureaucracy is now creating delays and pushing up costs, says international delivery expert ParcelHero. It says up to 20% of parcels and trucks are being stopped at some borders.

Wetter.com and Tesisquare collaborate for weather-driven supply chain efficiency

Wetter.com and Tesisquare collaborate for weather-driven supply chain efficiency

The collaboration between wetter.com and Tesisquare offers B2X supply chain digital solutions with weather data, expertise and forecasting algorithms.

New MERICS China Forecast Survey: Stability and self-reliance in China, entrenched competition with the US and a mixed bag for EU-China relations

New MERICS China Forecast Survey: Stability and self-reliance in China, entrenched competition with the US and a mixed bag for EU-China relations

How will Chinese domestic politics evolve in the year of the Chinese Communist Party’s (CCP) 100th anniversary? Which issues are keeping Beijing up at night, and which new trends will define Sino-European relations going forward? To shed some light on these issues, MERICS conducted a survey of some 170 European China experts and roughly 1,000 members of the wider international public in December and early January.

2021 will be about maximising the e-commerce experience

2021 will be about maximising the e-commerce experience

Warehouse management technology provider, SnapFulfil, is forecasting a new fulfilment year where companies still focused on retail locations and outlets will have to be nimble enough to grow e-commerce operations if they are to survive.

Creating Supply Chain Flexibility for Fast and Efficient Covid-19 Vaccine Distribution

Creating Supply Chain Flexibility for Fast and Efficient Covid-19 Vaccine Distribution

By Alain Breillatt, Vice President, Product Marketing at Logistyx Technologies.

The rapid and safe delivery of billions of doses of various Covid-19 vaccines worldwide is possibly the biggest challenge that the logistics industry will face.

What does the future hold for retailers?

What does the future hold for retailers?

Shopping habits are changing, and retailers are doing an exceptional job at keeping up and adjusting their business models with the help of technology to meet these ever-changing shifts. With many high streets still struggling but the desire to shop local remaining strong, retailers are looking at a very different future than they would have imagined this time last year.

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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