Supply Chain Management
To optimize and manage the flow of goods across the entire supply chain, from company/supplier to distributors/partners.
A Supply Chain Management (SCM) system (Also known as Primary Sales) is designed to optimize and manage the flow of goods across the entire supply chain, from company/supplier to distributors/partners. It helps organizations improve efficiency, reduce costs, and enhance collaboration with distributors, dealers, and partners.
Here are some key features in Targets(SCMS)
Demand Forecasting
Use historical data and predictive analytics to forecast distributors/partners demand for products. This helps in planning production, inventory levels, and procurement.
Inventory Management
Optimize inventory levels to prevent stockouts and excess inventory. Implement reorder points, safety stock, and just-in-time inventory strategies.
Order Management
Efficiently process distributors/partners orders, manage order fulfillment, and track order status from order placement to delivery.
Warehouse Management
Optimize warehouse operations, including picking, packing, shipping, and managing storage locations for efficient order fulfillment.
Logistics and Transportation Management
Plan and optimize transportation routes, manage carrier selection, track shipments, and monitor delivery status.
Supply Chain Visibility
Gain real-time visibility into the entire supply chain, allowing stakeholders to track product movement, inventory levels, and order status.
Risk Management
Identify and mitigate supply chain risks such as disruptions, delays, and geopolitical factors that could impact the supply chain.
Payment Management
Companies can maintain the ledger and payment correspondence with distributors/dealers along the incentive and claims.