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| Business of Information Technology > Business Management > Business Logistics > Value Chains > Supply Chains > |
Supply Chain Management
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ALSO CALLED: Supply-Chain Management, Supply Chain Optimization, Supply Chain Planning, SCM, Managing Supply Chain, and Supply Chain Logistics
DEFINITION: Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. It is said
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Definition continues below.
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Infor - ERP VISUAL
| sponsored by Infor
SOFTWARE DEMO:
Infor ERP VISUAL combines affordability and deep functionality, and is ideal for high growth, mixed-mode manufacturers who need a modular solution, where new capabilities can be added as their business grows.
Posted: 04 Sep 2008 | Published: 04 Sep 2008
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Infor - ERP LX
| sponsored by Infor
SOFTWARE DEMO:
Infor ERP LX is a flexible, low cost solution that gives the ability to procure, manufacture and sell with confidence, speed and accuracy.
Posted: 04 Sep 2008 | Published: 04 Sep 2008
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SUPPLY CHAIN MANAGEMENT DEFINITION (continued): … that the ultimate goal of any effective supply chain management system is to reduce inventory (with the assumption that products are available when needed). As a solution for successful supply chain management, sophisticated software systems with Web interfaces are competing with Web-based application service providers ( ASP) who promise to provide part or all of the SCM service for companies who rent their service. Supply chain management flows can be divided into three main flows: |
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