As you can see the design of this site has changed! We are also changing the way people interact on this site. From now on -
1. All the help needed postings should be done in the forums.
2. Blogs will only be used for writing serious blog posts. Any help needed questions posted under the blogs will be deleted - please use the forums for that!
3. Job postings will be done by registered recruiters. It will continue as a free service.
These rules are to make your networking better and easier.
Supply Chain Management: Overview
Supply chain management (SCM) is a specialized area which can be used to plan and forecast all activities of supply chain.
Major components
* Demand planning (forecasting)
* Demand collaboration (collaborative resolution process to determine consensus forecasts)
* Order promising (When one can promise a product to a customer taking into account lead times and constraints)
* Strategic network optimization (what plants and DC's should serve what markets for what products) (monthly - yearly)
* Production and distribution planning (Coordinate the actual production and distribution plans for a whole enterprise) (daily)
* Production scheduling (For a single location create a feasible production schedule) (minute by minute)
* Transportation planning (For multiple supply, manufacturer, distributor and warehousing points in a network)
* Transportation execution (Enactment of long term plans on a per shipment basis, typically performed by focused organizations called forwarders)
* Tracking and Measuring (An ever increasing aspect of supply chain management designed to highlight potential against the plan and possible process improvements)
* Plan of reduction of costs and management of the performance (diagnosis of the potential and the indicators, the organization and planifiaction strategic, masters dysfunctions in real time, evaluation and accounting reporting, evaluation and reporting quality)
Demand Planning
One of its main features is forecasting future demand, taking into account the following aspects:
Manufacturers can use it to create scheduling agreements that specify delivery requirements, production requirements, distribution requirements, and transportation requirements.
Collaborative Planning
When Manufacturer and Retailers exchange period relevant data for a common forecast then that is known as Collaborative Demand Planning.
Exchanging material requirement data between a Manufacturer and Supplier is known as Collaborative Supply Planning.
Collaborative Demand and Supply Planning can help multiple parties adjust and negotiate their materials planning by interacting with each other!
