Introduction

In today's fast-paced and interconnected global market, Supply Chain Management (SCM) has become a
crucial element for the success and competitiveness of businesses. SCM involves the management of the
flow of goods, information, and finances from the initial stages of production to the final delivery of
products to consumers. Efficient SCM ensures that companies can meet customer demands, reduce
operational costs, and maintain a competitive edge. As supply chains become increasingly complex, the
role of Information Technology (IT) has emerged as a vital enabler, driving innovations and efficiencies
across the entire supply chain.

Overview of Supply Chain Management (SCM)

Supply Chain Management encompasses a broad range of activities, including procurement of raw
materials, manufacturing, inventory management, transportation, and distribution. Traditional SCM
faced numerous challenges, such as fragmented processes, lack of real-time visibility, high operational
costs, and inefficient communication between stakeholders. These challenges often led to delays,
increased costs, and a lack of responsiveness to market changes.
Warehouse management
Receiving:
Unload and check incoming goods.
Ensure accuracy and no damage.

Putaway:
Move goods to storage locations.
Maximize space and ease of access.

Storage:
Organize goods efficiently.
Keep items safe and secure.

Inventory management

Stock Tracking:
Keep accurate records of all inventory items.
Monitor stock levels regularly.
Demand Forecasting:
Predict future inventory needs based on sales data.
Plan purchases to meet anticipated demand.

Reordering:
Set reorder points to trigger new orders automatically.
Ensure timely restocking to avoid shortages.
Storage Optimization:
Organize inventory for easy access and efficient use of space.
Use labeling and categorization to streamline operations.

Inventory Audits:
Conduct regular physical counts to verify stock levels.
Reconcile discrepancies between records and actual inventory.

Supplier Management:
Maintain good relationships with suppliers.
Ensure reliable and timely deliveries.

Inventory Turnover
Track how quickly inventory is sold and replaced.
Aim for high turnover rates to reduce holding costs.

Transportation management
Planning and Scheduling:
Develop efficient routes and schedules.
Optimize delivery times and reduce transit costs.

Carrier Selection:
Choose reliable transportation providers.
Negotiate favorable rates and terms.
Freight Management:

Manage shipments of goods.

Ensure proper handling and documentation.