SCM
Supply chain management (SCM) is one of the key tasks aimed to develop and run its supply chains in the most effective & efficient ways to maximize customer value and achieve a sustainable competitive advantage. SCM influences many areas in any company starting from product development, procuring required materials, producing finished goods, and respective logistics to get the required parts to the respective customers. SCM requires a methodical coordination of these activities. All the organizations involved in contributing to make these activities happen make up the supply chain and are “inter-linked” together through physical flows and/or information flows.
FactoryPRO’s SCM provides key functionality related to SCM to maintain master list of suppliers (Supplier Management) and vendors (Vendor Management), Purchase Requisition, Purchase Order, Warehouse management that includes incoming inspections and managing inventory and Shipping & Invoicing