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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How To Start A Fulfillment Center Business

How To Start A Fulfillment Center Business

By John Moran, freelance writer

It may seem like Amazon is the only eCommerce game in town these days. Obviously, they have an outsized share of the market, but there are loads of small eCommerce stores opening up all the time. People with niche products or homemade goods are always going to sell well outside of Amazon and people are taking advantage.

Mölnlycke selects Kinaxis to transform its medical solutions supply chain

Mölnlycke selects Kinaxis to transform its medical solutions supply chain

Kinaxis Inc, the supply chain management software provider, has been chosen by Mölnlycke, the medical solutions provider, to enhance transparency and mitigate risk in its global supply chain. 

Amazon’s here – so what’s the future for UK supermarkets?

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The potential cost saving benefits of a sustainable supply chain

The potential cost saving benefits of a sustainable supply chain

According to CDP, supply chain emissions are on average 5.5 times higher than the direct emissions produced by a corporation. But not only is a supply chain’s impact on the environment severe, but it can also lead to financial issues for companies who don’t take action to be more sustainable.

Automation: Learning the secrets of uptime

Automation: Learning the secrets of uptime

By Will Carder, Automation Sales Engineer at Quadient. 

Automation offers a route forward for hard-pressed e-fulfilment operations – particularly, when it comes to packaging processes. But how do you build in operational resilience? What are the secrets to maximising uptime?

Dakota achieves Platinum Partnership Status with Honeywell

Dakota achieves Platinum Partnership Status with Honeywell

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Why supply chains are today’s fastest growing cybersecurity threat

Why supply chains are today’s fastest growing cybersecurity threat

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Order errors costing retailers £951m per year

Order errors costing retailers £951m per year

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Retail’s 2.2% sales rise is ‘dead cat bounce’, says ParcelHero

Figures released by the Office for National Statistics (ONS) show a slight rise of 2.2% in the value of retail sales against last month (February). This is just a bounce, though, as sales figures hit rock bottom, says the home delivery expert ParcelHero.

Challenges and opportunities - SCM Technology report

Challenges and opportunities - SCM Technology report

Manufacturing & Logistics IT spoke with leading vendors and analysts within the supply chain management arena about some of the current key talking points and areas of innovation within this fascinating and all-important technology landscape.

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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