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Supply Chain Management Software Requirements

oboloo Glossary

Supply Chain Management Software Requirements

Supply Chain Management (SCM) software requirements are specifications, processes and systems that organizations use to manage the operational activities and functions of their supply chain. This includes tracking inventory and materials, ordering goods, managing shipments, dealing with suppliers and customers, forecasting demand, optimizing resources and improving efficiencies throughout the chain. Supply Chain Management systems also provide real-time visibility into the data-driven insights essential for efficient operations. With this systems’ modern features and capabilities, companies can operate in a much more effective, agile way–keeping on top of customer and market demands while achieving greater profitability.

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