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Supply Chain Management Solution

oboloo Glossary

Supply Chain Management Solution

Supply Chain Management Solution (SCMS) is a comprehensive system that enables businesses to effectively manage their flows of goods and services by providing visibility, control, and collaboration across the entire supply chain. The goal of SCMS is to optimize production processes, reduce operational costs, and improve customer satisfaction. SCMS covers all aspects of supply chain management including procurement, order management, inventory management, logistics, transportation, forecasting, financial accounting, and operations engineering. It also allows businesses to monitor progress in real time through performance metrics such as on-time delivery rate, total cost, availability, quality level, and lead time.

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