Supply Chain Management Solution
Practically every product that reaches an end user includes the cumulative effort of multiple organizations. These organizations collectively are referred to as the supply chain. Supply chains have existed for a long time. Some businesses gradually understood the less managed, entire chain of activities that ultimately delivered products to the final customer. As a result, the importance of Supply Chain Management was gradually realized by every other enterprise in business. Supply chain management, essentially, is the active management of supply chain activities for maximizing customer value and achieving sustainable competitive advantage.
The supply chain firms have to put a conscious effort to build and run efficient and effective supply chains. The Supply chain activities include every activity from sourcing, development, production, and logistics, as well as the information systems needed to coordinate these activities.
The organizations which are part of the supply chain are linked together through physical and information flows. Both these flows are very important to achieve seamless supply chain management. Information flows facilitate the supply chain partners in coordination, control of flow of goods and materials up and down the supply chain.
The information flow between the organizations in the supply chain is often provided by Supply Chain Management Software. Supply chain management software (SCMS) is a term which is used to refer to a complete range of software tools or modules that are used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. The supply chain management software generally include the modules for Customer requirement processing, Purchase order processing, Inventory management, Goods receipt and Warehouse management, and Supplier Management/Sourcing.
Many SCMS suites often include the feature of forecasting too. The SCM tools often times try to balance the supply and demand, and hence attempt to improve the business processes, through the use of algorithms and consumption analysis. These also help to plan better for the future needs. SCMS often include integration technology through which the organizations can trade electronically with supply chain partners.
Over the years, many Supply Chain Management modules are made available in the market. Each software comes with its own features and characteristics. Selecting the most apt and comprehensive SCMS however must be done very carefully by every individual organization.
Averiware offers a holistic Supply Chain Management solution. Being an expert solution provider for SMBs, Averiware understands the in and out of ERP and offers a basket of exceptional small business ERP services and products. Supply Chain Management module is one of its major modules, which is extremely popular in its space.
Averiware’s SCM module streamlines purchasing and inventory management through the provision of support for decision making and automating purchase requests and several other recurring procurement steps. The module also offers data and imbedded controls that shorten lead times and expedite procurement actions. Through the use of this module, businesses can achieve greater accuracy, insight and streamlined processes. This would avoid excess inventory costs and ‘stock-outs’ that negatively impact customers’ current needs and longer term loyalty.
Combining all the powerful features required for an effective SCM, Averiware’s SCM module stands out from the crowd for its completeness, efficiency and value for money.
