software that facilitates supply chain management function seamlessly. SCM is the organization of activities between a company and its suppliers in an effort to provide for the profitable development, production, and delivery of goods to customers. As a result of information sharing, production lead times and inventory holding costs have been reduced, and on-time deliveries to customers have been improved. SCM software systems support the planning of the best way to fill orders and help tracking of products and components among companies in the supply chain.
Industry Associations
Council of Supply Chain Management Professionals
Business executives with a professional interest in logistics and physical distribution management; includes members from industrial concerns as well as consultants and educators. Aims to advance and promote the management ...
Members: 10,000
Founded: 1963
Dues: individual, $295 annual; student, $25 annual; associate, $150 annual.