Supply Chain Management (SCM) helps planning and executing all steps to
acquire raw materials from vendors, produces them into finished goods,
and deliver both goods and services to customers. It includes
chain-wide information sharing, planning, resource synchronization and
global performance measurements.
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Supply Chain Management
Business Case: "The supply chains of
companies that do business with one another are interconnected as never
before. As a result, the very basis of competition is increasingly
between supply chains rather than between individual companies."
Overview: SCM accommodates a
range of processes, from customer demand planning to online order
acceptance. SCM also includes material, resource and capacity planning,
order management, product configuration capabilities, global ATP and
supply chain execution such as advanced pricing, eCommerce
capabilities, inventory, manufacturing and production planning,
scheduling and order management.
Benefits: SCM eliminates and
reduces manufacturing and logistics bottlenecks and creates optimized
schedules based on shared inventory and order information.
Outcome: Integrated SCM
typically reduce supply chain costs, reduce inventory, increase
forecast accuracy and improve order fulfilment cycle times.
Case Studies:
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