Product | Features

Supply Chain Management

Supply Chain Management is the management of the entire value-added chain, from the supplier to manufacturer right through to the retailer and the final customer It is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service, manufactures that product or service and delivers it to customers

Why Supply Chain Management?

SCM has three primary goals:

Reduce inventory To increase the transaction speed by exchanging data in real-time To increase sales by implementing customer requirements more efficiently

Inventory

Centralized Repository for Material and Machinery Provision to Define Inventory Organizations & Storage Units Placing Internal Requisitions to Inventory Organizations Transfer Requisitions to Transfer Material Automation of Material Transfers between Different Departments in an Enterprise Issue Forecasting & Planning Workflow integration facilitates automatic Approvals Forward & Backward Scheduling Material Variance Computation Negative Stock Management Delivery Schedule Break-ups Automatic Availability Check of Material Physical Verification of Inventory Material Receipts and Partial/ Complete Acceptance/ Rejections Provision to Return Goods

Procurement

Zero-Latency Communication between Internal & External Organizations Centralized Repository of Vendor Details Capturing Vendor Agreements and Tracking Requisitions against Agreements Placing Purchase Requisitions to Vendors Automation of Bidding Process - Request for Quotations Generation of Purchase Orders Vendor Evaluation Negotiations on Quotes Service Definition for Sub-Contracting Service Entry Sheet for Sub-Contracting Complete Quality Management – Vendor Release & Goods Receipt Inspection Planning Framework – Definition of Inspection Methods, Schedules, Standards & Metrics, Recording Defects, Quality Level & Scores, Archival of Quality Information Data

Benefits

Alerts to provide Zero-Latency Responsiveness Reduces Risk of Stock Outs Increased Accuracy in Production and Delivery Dates Better Utilization of Inventory Speeds up the Supply Chain Management Process Helps Vendors respond to the Customer needs Quickly Resulting in Customer Satisfaction Reduces Distribution Center Operating Costs Accuracy in Ordering Stock Reduces Manual Data Entry there by Increasing Employee Efficiency Increase in Productivity Clear Visibility into Inventory Information Helps keep Inventory at an Optimum Level Faster Delivery of Material Avoids Production Delays Collaboration with Vendors and Customers Faster, Accurate, Docile supply network Reduced Delivery Cycle Time and Cost