Supply chain management software allows you to monitor and analyze the processes both inside and outside your company providing supply chain event management and performance of the supply chain .
Through the coordination of the supply chain, supply chain management software increases the visibility and control, optimize costs and streamlines processes, which gives companies the ability to monitor and analyze their processes, both internally and externally. Its key features include:
- Supply chain event management - with this functionality, companies can identify and react to changes of plans that occur in the various sectors of the supply chain. The possibility to monitor all stages of the supply chain process provides visibility from the quotation of prices, supply, through the delivery of the product. Supply chain event management also distributes alerts and recommends actions when key events are overlooked, and generates detailed reports on the State of the supply chain.
- Supply chain performance management - the role of supply chain performance management measures, monitors and displays the key indicators of performance associated with the processes of logistics and the supply chain. It allows decisions makers proactively monitor the effectiveness of extended supply chain and share this insight with business partners.
- Allows you to share information and set and achieve common goals related to their supply chain through the use of Collaborative Planning, Forecasting, and Replenishment, support for inventory managed by the seller and support for inventory managed by the provider.
- Supply chain management software supports Collaborative Planning, Forecasting, and Replenishment and is certified by the Committee of Voluntary Interindustry Commerce Standards . This allows manufacturers to collaborate with their strategic retail customers in order to increase the turnover, improve service and reduce the levels and the costs of stock. It supports a CPFR exceptions-based process that enables companies to incorporate partners retailers without a proportional increase in staff. Manufacturers have the guarantee that supply chain management software integrates easily and quickly with retail systems.
- Supply chain management software supports functions of inventory managed by the seller (VMI), a collaborative process used in many industries. This process of refuelling administered by the seller reduces costs, increases utilization and improves service to the client. The VMI process is part of supply chain management software and it can be implemented quickly through the Internet, with which it is a practical and easy tool to use with clients of various kinds.
- Supply chain management software supports functions of inventory managed by the provider (SMI) and enables companies to use the Internet to acquire visibility on their suppliers and manage the process of refuelling. Suppliers can view the status of their parts and components in all plants, receive automatic alerts when stock levels down to predetermined levels and respond quickly over the Internet. supply chain management software immediately integrates the latest information about stock and replenishment with back-end transactions and planning systems, so that all stakeholders will be permanently updated
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