Supply-chain-management software

Supply‑chain‑management software (SCMS) refers to software tools and modules used to execute supply chain transactions, manage supplier relationships, and control associated business processes. By automating operations across product development, sourcing, production, and logistics, SCMS can enhance both the physical and informational flows within a supply chain—ultimately driving better performance, lower costs, and increased efficiency.

While functionality in such systems is broad, it commonly includes:

  1. Customer-requirement processing
  2. Purchase-order processing
  3. Sales and distribution
  4. Inventory management
  5. Goods receipt and warehouse management
  6. 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.

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