
What is supply chain management? - IBM
Supply chain management (SCM) is the coordination of a business’ entire production flow, from sourcing materials to delivering an item.
What is a Supply Chain Management Strategy? | IBM
Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing, procurement, conversion and logistics. It …
What is inventory management? - IBM
What is inventory management? Inventory management, a critical element of the supply chain, is tracking inventory from manufacturers to warehouses and from these facilities to the point of …
Boosting supply chain efficiency with EDI: A step-by-step …
Companies can boost supply chain efficiency by adopting EDI step-by-step, focusing on real-time data exchange, EDI integration and overall supply chain optimization.
What is supply chain logistics? - IBM
Supply chain logistics refers to the management of the production, transportation and distribution of goods throughout a business’ overall supply chain.
What is enterprise resource planning (ERP)? - IBM
A term coined by Gartner in the 1990s, an ERP software system is designed to manage all parts of a business—finance, HR, manufacturing, supply chain, services, procurement, supply chain …
What is order to cash (O2C)? - IBM
What is an order to cash system? The O2C system is a critical part of getting and maintaining a healthy cash flow. As the process aims to cut down on the time between when an order is …
What is Integrated Business Planning (IBP)? | IBM
Simultaneously, implementing a robust data integration system, encompassing ERP, CRM, and supply chain management systems, ensures seamless data flow and real-time updates. User …
What Is a Transportation Management System? | IBM
Apr 19, 2023 · A transportation management system (TMS) is a real-time logistics tool that streamlines a company's ability to manage its inbound and outbound shipping. TMS solutions, …
What Is Inventory Optimization? | IBM
Effective inventory optimization requires understanding customer demand patterns, supply chain dynamics and other factors that affect inventory levels. Advanced technologies, data and …