Supply Chain Management (SCM)
Supply chain management includes planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.
Supply chain management is an integrating function with primary responsibility for linking major business functions and business processes within and across companies into a cohesive and high-performing business model.
It includes all of the logistics management activities noted above, as well as manufacturing operations, and it drives coordination of processes and activities with and across marketing, sales, product design, finance, and information technology.
In brief, SCM is a cross-functional action to manage the movement of materials into an organization, production of finished goods, and delivery of finished goods out of the organization toward the consumers.
If automation is the need of the hour, customization is the key to success. I can develop custom-built software packages to simplify all the business processes inside and outside your organization. Applications developed will help you access vital information related to inventory, work-in-process, order processing, and over and above the accounting aspects involved at each stage. This can help you rationalize the processes and increase productivity and profits.
The core components of a typical supply chain management solution include:
- Customer Service
- Planning
- Vendor Management
- Order Management
- Transportation
- Warehousing
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