Success Factors in Supply Chain Management Essay Example for Free

Success Factors in tack drawstring focal point EssaySupply strand management (SCM) works with the process flow of information as well as products from tack chain organizations. Development in technology facilitates organizations ability to coordinate activities for practice session of bring chain servicing. The Council of Supply Chain Management Professionals (CSCMP, 2011) defines supply chain management in the interest waySupply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service countenancers, and customers. In essence, supply chain management integrates supply and demand management within and across companies (p.1).There are four canonical components within the supply chain management that are essential for SCM processes. First, go over that to manage resource requirements, a strategy exists which the customers needs are met for services/products based on their strategic demands. Secondly, the appropriate business supply chain partners, in fact, are the ones that will provide the end product from materials, servicing requirements through stipend processes, delivery of goods, pricing, and any other method by which the process will be measured.Third would ensure that operations is on board for ensuring the schedules take into consideration tasks for packaging, testing, process preparation, and delivery preparations. Lastly, logistics requirements are well thought-out, such(prenominal) as warehousing, orders, return processing, carrier/delivery service, and invoicing.SUPPLY CHAIN MANAGEMENT SOFTWARE PACKAGE equationFor the SCM software package review, there were three companies in the comparison SAP Supply Chain, PackManager, and IBS Enterprise. One airfield of concern was with PackManage r whereby once installed technology support is non a provision. Daniels and Daniels (2012) indicate the areas of the five basic supply chain management activities which include plan, source, make, deliver and return. The comparison of the three SCM software packages above assist businesses in making an appropriate decision based on their specific needs. Each company had something that others may not have and, as a result, supports that one company may not be the viable rootage for every industry. . To complete a comprehensive review of SCM software packages, the site which assisted with the compilation of data, FindTheBest.com (2014) ratiocinationSCM is the dynamic managing of SC activities which take into consideration customers value as well as manage a viable benefit. The comparative review indicates that there are many choices in SCM software. Each of these will provide a supply chains in the most effective efficient ways possible (Handfield, P. 1, 2011). Wang et al (2009), further stated that the problems, criteria, needs, alternatives and other variables will vary fromone entity to the next, there is no universal upshot (P. 95). In order to support the best choice for the appropriate SCM, then key factors should be quantified in the overall decision process.REFERENCESCouncil of Supply Chain Management Professionals (CSCMP). (2011). Logistics Management. Retrieved from http//cscmp.org/aboutcscmp/definitions.aspDaniels, P., Daniels, A. (2010). _Business Driven Technology_ (4th ed.). Retrieved from The University of Phoenix eBook Collection databaseFind the Best. (2014). Retrieved from http//FindTheBest.comHandfield, R. (2011). What is Supply Chain Management?. Retrieved from http//scm.ncsu.edu/scm-articles/article/what-is-supply-chain-managementWang, Z., Yan, R., Hollister, K., Xing, R. (2009). A Relative Comparison of Leading Supply Chain Management Software Packn mages. International Journal of InfDrmDtion Systems and Supply Cnagement (IJISSCM), 2 (1), 81-96. doi10.4018/jisscm.2009010106