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Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain.
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Kinaxis was founded in 1984 as Cadence Computer Corporation, to do supply-chain analysis of using custom mainframe computers, by three former Mitel engineers. [12] The name was later changed to Carp Systems International (after the nearby Carp River), then Enterprise Planning Systems. [7]
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
Mentzer et al. suggest that at least three entities are required for there to be a "supply chain". [10] At the end of the supply chain, materials and finished products only flow there because of the customer behaviour at the end of the chain; [11] academics Alan Harrison and Janet Godsell argue that "supply chain processes should be coordinated ...
Integration is mainly related to the TOP framework and is one of the most important aspects of the development of the digital supply chain. [6] Digital supply chains are supposed to create a more efficient supply chain and thus, strengthen the organization’s business strategy and relationship with both suppliers and customers. [7]
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