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What is SCM?
Published  07/10/2011 | Computer Encyclopedia Page 8 | Rating:
What is SCM?
Supply Chain Management. Company operations typically require that raw materials be bought from suppliers, be assembled or manufactured, and the finished goods despatched to customers. The entire link from supplier to customer is what is known as the supply chain. For organisations that want to create a competitive advantage, one of the areas of optimisation is the SCM segment that can lead to savings, and increase in efficiency, which in turn would mean happier customers. SCM software provide this ability; however, SCM capabilities are often embedded into ERP software.
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