// ROBOTICS AND SMART FACTORIES TERM
Supply Chain Management
The overall process of managing the flow of goods, services, information, and finances from raw materials to the final consumer.
TECHNICAL DEFINITION
SCM is the comprehensive oversight and strategic coordination of all activities involved in sourcing, procurement, conversion, and logistics management, integrating suppliers, manufacturers, warehouses, and retailers to efficiently deliver products and services from origin to consumption.
BACKGROUND
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management focuses on the optimization of the flow of goods within the supply chain's distribution channels to ensure efficiency.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Logistics Management
- Operations Management
- Integrated Supply Chain
USAGE NOTE
Effective SCM is vital for reducing costs, improving efficiency, and enhancing customer satisfaction.
DEVELOPERS
Organizations developing technology related to Supply Chain Management.
A global leader in enterprise software, SAP provides comprehensive Supply Chain Management (SCM) solutions within its ERP suite, covering planning, logistics, manufacturing, and asset management to optimize end-to-end supply chain processes for efficiency and resilience.
Oracle offers a complete suite of Supply Chain Management (SCM) Cloud applications that enable organizations to build agile and intelligent supply chains, from product innovation and demand management to manufacturing, logistics, and order fulfillment.
Blue Yonder is a leading provider of AI-powered supply chain solutions, specializing in planning, execution, and commerce. Their platforms help companies optimize inventory, logistics, and workforce management for greater agility and customer satisfaction.
Kinaxis provides concurrent planning platforms that offer real-time visibility and simultaneous planning across demand, supply, and operations. Their RapidResponse solution helps manufacturers navigate supply chain complexities and disruptions more effectively.
IBM offers AI, blockchain, and IoT-driven solutions for supply chain optimization. Their offerings focus on enhancing visibility, traceability, and operational efficiency across complex supply networks, aligning with Industry 5.0's emphasis on resilience and data-driven insights.
Siemens provides a range of industrial software solutions, including those for manufacturing operations management (MOM) and product lifecycle management (PLM) that extend into supply chain planning and execution, helping companies digitalize and integrate their value chains.
E2open operates a leading multi-enterprise business network that enables real-time collaboration and visibility across an organization's entire supply chain ecosystem, from suppliers to distributors. They offer solutions for demand planning, global trade, and logistics.
Through its DELMIA brand, Dassault Systèmes provides solutions for manufacturing operations management, supply chain planning and optimization. Their virtual twin experiences help companies model, simulate, and optimize supply chain processes before implementation.