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    Supply Chain Management Supply Chain Management

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    Er Chinmoy Pati
    Supply Chain Management (SCM) involves integrating suppliers, customers, and internal business processes to improve response time and flexibility. Modern SCM focuses on digitally integrated networks between organizations. The ultimate success of companies depends on effectively managing relationships across the supply chain to improve decision making and reduce costs. SCM aims to optimize processes through integration, coordination, and managing variability and uncertainty across the enterprise.

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    Supply Chain Management Supply Chain Management

    Uploaded by

    Er Chinmoy Pati
    35 views4 pages
    Supply Chain Management (SCM) involves integrating suppliers, customers, and internal business processes to improve response time and flexibility. Modern SCM focuses on digitally integrated networks between organizations. The ultimate success of companies depends on effectively managing relationships across the supply chain to improve decision making and reduce costs. SCM aims to optimize processes through integration, coordination, and managing variability and uncertainty across the enterprise.

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    Supply Chain Management

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    Supply Chain Management (SCM) involves integrating suppliers, customers, and internal business processes to improve response time and flexibility. Modern SCM focuses on digitally integrated networks between organizations. The ultimate success of companies depends on effectively managing relationships across the supply chain to improve decision making and reduce costs. SCM aims to optimize processes through integration, coordination, and managing variability and uncertainty across the enterprise.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    35 views4 pages

    Supply Chain Management Supply Chain Management

    Uploaded by

    Er Chinmoy Pati
    Supply Chain Management (SCM) involves integrating suppliers, customers, and internal business processes to improve response time and flexibility. Modern SCM focuses on digitally integrated networks between organizations. The ultimate success of companies depends on effectively managing relationships across the supply chain to improve decision making and reduce costs. SCM aims to optimize processes through integration, coordination, and managing variability and uncertainty across the enterprise.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Supply Chain Management (SCM) has gained

    significance as one of the 21st century’s manufacturing


    technology and innovative paradigms for improving
    organizational competitiveness. SCM has been
    considered a competitive strategy for integrating
    suppliers and customers with the objective improving
    response time and flexibility [6].

    Nowadays, the focus is shifting toward digitally integrated demand and Supply Chain (SC) configurations
    that are built around establishing networks of relationships between the firm, its suppliers, customers and
    partner entities.

    The ultimate success


    of firms will depend on management’s ability to
    integrate the company’s intricate network of business
    relationships, allowing improved decision making and
    consequently, reducing cost and customer response
    time. SCM is not only this but much more and
    beyond. SCM concerns neither to minimize nor to
    maximize but rather to optimize (integration,
    coordination, variability, uncertainty management and
    control) processes for the enterprise.

    Introduction
    Supply Chain Management is the design ,planning ,execution,control and monitoring of supply
    chain activities from the raw material to final product to the end consumer .Supply chain
    management ensures the movement of right product with a smarter ,faster and efficient way to
    the right customer and the right time ,place and price.The main objective of supply chain
    management is to create net value, building a competitive environment and synchronizing supply
    with demand .Under the supply chain management, one has to focus on distribution network ,
    distribution strategy, information and  inventory management .

    Distribution of newspaper , milk , post or courier ,lunch box at your door step at right time and
    place are very simple and good example of efficient supply chain Management.
    Every small ,medium and large companies have their supply chain team of size according to the
    size of their companies .Large organization like Big Bazaar ,LG ,Samsung ,Mother dairy
    ,Tanishq etc required very large and organized supply chain management team.

    Skills required to become a successful Supply Chain Manager   :-

    Good co-ordination skills


    Good Managerial skills .
    Good information and data about market and product.
    Ability to handle and manage the data .

    A supply chain is a system of organizations, people, technology, activities, information and resources
    involved in moving a product or service from supplier to customer. Supply chain activities transform
    natural resources, raw materials and components into a finished product that is delivered to the end
    customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any
    point where residual value is recyclable. Supply chains link value chains.[2

    Major Acquisitions  

    Share   Print

    i2

    Acquired January 2010. Strengthens market position to more than


    6,000 global customers, offering unparalleled supply chain
    optimization solutions spanning from materials to the consumer.
     

    i2 Acquisition

    Manugistics
    Acquired July 2006. Enabled JDA to grow its demand
    management, pricing optimization and transportation and logistics
    offerings.
     

    Manugistics Acquisition

    E3

    Acquired September 2001. This leader of inventory optimization


    systems added customers in retail and wholesale distribution in 20
    countries.
     

    E3 Acquisition

    Intactix

    Acquired April 2000. Solidly positioned JDA to provide the most


    comprehensive, integrated merchandise planning and business-to-
    business solution for retailers and their suppliers.
     

    Intactix Acquisition

    Arthur

    Acquired June 1998. Enabled JDA customers to proactively


    manage their businesses and find new ways to optimize their
    revenue sources.

    ERP

    Being a student, I would like to know more about ERP and its benefits

    To say in short, ERP systems integrate all business management functions, including planning,
    inventory/materials management, engineering, order processing, manufacturing, purchasing, accounting
    and finance, human resources, and more.

    ERP software programs are being developed and updated all the time. There are different types of ERP
    software brands available in the market, but companies must choose the right ERP system to suit their
    needs. India's leading web-based ERP solution provider eresource ERP even offer mobile capabilities so
    that you can always have a finger on the pulse of your business activities.

    The biggest advantage of an ERP system is with its real time capabilities and the ability to see what is
    going on with your company as it happens. It is handy when you deal with high volume of business
    process. With an ERP system, your company will never have inventory shortages or wasted time spent
    transferring files.

    An ERP system provides the solid operational backbone. The system enables the Manufacturers and
    distributors to function promptly, which will able to improve the volume of production and fulfillment of
    orders while reducing costs. By optimizing manufacturing and distribution operations with ERP, the
    companies are also be able to focus on new business opportunities.

    Here is a quick look at the benefits the ERP system has to offer:

     Streamlining processes and workflows with a single integrated system.


     Reduce redundant data entry and processes and in other hand it shares information across the
    department.
     Establish uniform processes that are based on recognized best business practices
     Improved workflow and efficiency
     Improved customer satisfaction based on improved on-time delivery, increased quality, shortened
    delivery times
     Reduced inventory costs resulting from better planning, tracking and forecasting of requirements
     Turn collections faster based on better visibility into accounts and fewer billing and/or delivery
    errors
     Decrease in vendor pricing by taking better advantage of quantity breaks and tracking vendor
    performance
     Track actual costs of activities and perform activity based costing
     Provide a consolidated picture of sales, inventory and receivables

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