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Supply Chain Management. Supply Chain Management. SCM is a cross functional interenterprise system that uses information technology to help support and manage the links between some of a company’s key business processes and those of its suppliers, customers and business partners. SCM Strategy.
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Supply Chain Management • SCM is a cross functional interenterprise system that uses information technology to help support and manage the links between some of a company’s key business processes and those of its suppliers, customers and business partners.
SCM Strategy • Accurate order processing • Just in time inventory management • Timely order fulfillment • Create fast efficient low cost networks of business.
SCM Integrated Solution The Internet Shared Data Market Collaborative Fulfillment Supplier Customer Manufacturer Retailer
Benefits and Challenges of SCM • Faster, accurate and more order processing. • Reductions in the inventory levels • Lower transactions and material costs • Strategic relationships with their suppliers
Problems in SCM • Lack of proper demand planning knowledge, tools, guidelines • Inaccurate or overoptimistic demand forecasts will cause problem. • Lack of adequate collaborations among departments
Major SCM Vendors • SAP • Oracle • JDA software