SCM System Software Packages Products Available

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SCM System Software Packages Products Available

Summary

Various companies offer various tailor-made software packages for the company they are in business with. Some go an extend fulfill their client’s needs as some software packages give more room for extension and the company grows and more services to suit the business.

Supply chain management is a complex undertaking by any company and if not well executed can lead to losses in raw materials, time and company resources in terms of inefficient employees. To address this, a detailed step by step execution procedure is required to make it a success. The major steps include:

References

• Plan- Planning involves a lot of activities that must be undertaken before. This is where companies decide on their operations strategies. Buying or manufacturing components is a decision that must be arrived at during the planning stage (Wang & Wang, 2011).
• Source – This stage involves the procurement of raw materials and or the components for the electronics company. It is essential for the company as they will be required in the next stage. mishap at this stage or skipping will result in unreliable rate of components manufacture. The company enters into binding contract with the supplier to supply the raw materials and the components. In turn the company will pay these suppliers on specified agreed date. The agreement will last a certain period and could be renewed.
• Make – This is the actual development of the electronic devices. It involves scheduling of the production activities, testing, packaging and the release of the product. This stage is crucial since it involves the adherence to government regulations, rules for production performance and data storage.
• Deliver- The stages involved includes customer inquiries, selection and distribution strategies and finally the transportation options. The company must also manage warehousing and inventory or pay for the service provider (Kurbel, 2013). This is crucial for the electrics must get to the customers on time as agreed upon in order to retain customers and make new ones to increase the scale and capacity of the company.
• Return – This stage is basically managing of the defective ones that were returned by the customers or from the sales and distribution channels and processing refunds wherever they cannot be replaced. The company should be in a position to handle returns so they can retain customers. Despite this, the company must come up with regulations for managing returned products, monitoring performance cost and inventory of returned products (Heizer & Render, 2014).

Heizer, J. H., & Render, B. (2014). Operations management: Sustainability and supply chain management. Boston: Prentice Hall.

Kurbel, K. (2013). Enterprise resource planning and supply chain management: Functions, business processes and software for manufacturing companies. Heidelberg: Springer.

Wang, J., & Wang, J. (2011). Supply chain optimization, management and integration: Emerging applications. Hershey, PA: Business Science Reference.