Many companies have invested heavily in software to link them seamlessly to both their customers and suppliers. But it's not clear whether they are deriving the best return on the in investments. The seven imperatives for successful implementation presented here can substantially boost the value realized from supply chain management software spending.
In their quest to tap the highly touted benefits of an integrated supply chain, many companies have invested heavily in software that is intended to link them seamlessly to their customers and suppliers. But are companies deriving maximum return on these investments? The answer is not at all clear.
Companies rely upon supply chain management (SCM) software systems to connect to their customers and suppliers and to optimize those relationships. SCM systems include applications such as order management systems, materials requirements planning (MRP), forecasting/demand planning, and warehouse management systems as well as sophisticated advanced planning systems.