SCM (Supply Chain Management)
ManufacturingDefinition
SCM refers to the management of the flow of goods and services from raw material sourcing to final delivery to the customer.
Detailed Description
Supply Chain Management (SCM) is a critical component of enterprise resource planning (ERP) systems that focuses on managing the entire chain of processes involved in producing and delivering a product or service. It encompasses all the planning and management of activities involved in sourcing, procurement, conversion, and logistics management. SCM integrates various processes such as supply chain design, planning and execution, logistics and transportation management, and demand management, ensuring smooth and efficient flow of information and materials across the supply chain.
Key Features
- Demand Planning
- Inventory Management
- Logistics and Transportation Management
- Procurement Management
- Supplier Management
- Supply Chain Optimization
Common Modules
Inventory Management
Tracks and manages inventory levels, orders, sales, and deliveries.
Logistics Management
Oversees the transportation and storage of goods.
Procurement Management
Manages the process of acquiring goods and services from suppliers.
Popular Implementations
Oracle SCM Cloud
A comprehensive suite of applications that manages demand, supply, and in-house manufacturing.
SAP SCM
An integrated suite that provides tools for managing and planning the entire supply chain.