SCM: turning the wheels of industry
Exploring the intricacies of the digital supply chain
Maintaining an efficient and steady supply line can be a daunting task, but an essential one to the livelihood of many businesses. Effective management of inventory and transactions, as well as ensuring that products are available at the precise moment needed, is an art in itself. In the modern marketplace, the importance of supply chain management and its associated software cannot be understated, but more often than not, it is not a process given proper consideration until products start disappearing off the shelves.
Serving as one of the specialist firms active in the field of SCM is Software AG, a global technology company focused on application infrastructure and middleware software.
“Manufacturing and supply chain management is an intricate web that is made more diverse and complex by the global economy and developments like reshoring, big data and sensor technology,” comments Rami Kichli, vice president for Gulf & Levant region, Software AG.
“The key elements to a successful supply chain operation include awareness, visibility, responsiveness and resiliency.”
Though its expertise is spread across numerous industry segments, within the supply chain and logistics market, the company, whose history dates back almost 50 years, offers two comprehensive platforms.
The first is a smart logistics system designed for third-party logistics providers, which maximises the efficiencies of a logistics and distribution operation utilising an Internet-of-Things (IoT) approach. The system collates and analyses multiple high volume data streams in real-time, from a number of sources within the IoT environment, enacting set data triggers to tackle wastage and scheduling inefficiencies.
Software AG’s second offering is a smart logistics mobile app designed for physical movement of shipments. The app is capable of capturing driver, truck and positional data quickly and accurately.
Considering the many risks involved throughout the entire transport of goods through a supply chain, it comes as no surprise that end-users are often concerned with mitigating the dangers. To that end, Software AG also maintains its own Intelligent Supply Chain Risk Management (iSCRM) module, within its suite of programmes for governance, risk and compliance.
The module is designed to aid companies in monitoring and mitigating risks to their supply chain, as well as responding automatically to risks in real-time. Its features include modelling possible risk factors, monitoring risk information, as well as raising alerts where appropriate.
“Our supply chain management department is expected to increase its range of responsibilities—particularly across the order fulfilment process and positioning it as a coordinated set of activities,” explains Kichli.