Supply chain management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes.
While functionality in such systems can often be broad – it commonly includes:
- Customer requirement processing
- Purchase order processing
- Inventory management
- Goods receipt and Warehouse management
- Supplier Management/Sourcing
A requirement of many SCMS often includes forecasting. Such tools often attempt to balance the disparity between supply and demand by improving business processes and using algorithms and consumption analysis to better plan future needs. SCMS also often includes integration technology that allows organizations to trade electronically with supply chain partners.
Below are listed some of the requirements needed to monitor elements within the Supply Chain.
Workforce Management throughout the Supply Chain,
- Omni-channel fulfillment, RFID,
- Supply Chain Management (SCM) systems, Electronic Data Interface (EDI),
- Trading Partners Interface (TPI-Retail Value Chain Federation),
- Customer Order Management,
- Customer Relationship Management (CRM)/Cloud Solutions,
- Transportation’s Yard Management Systems (YMS) to manage and track freight in the 3PL’s yard outside the warehouse dock doors,
- GPS for tracking freight, a Transportation Management System (TMS), and any other technology that streamlines the supply chain and improves communication and value to the customer.