Supply chain planning and analytics

Achieve end-to-end visibility and control over the entire supply chain planning processes

SUPPLIER MANAGEMENT

Supplier management is a crucial component of Supply Chain Management (SCM) that involves the systematic coordination and control of all activities related to sourcing, evaluating, selecting, and managing suppliers. It encompasses the entire lifecycle of supplier relationships, from initial supplier identification and qualification to ongoing performance monitoring and improvement.

DEMAND PLANNING

Demand planning is a crucial feature of Supply Chain Management (SCM) that involves forecasting and managing customer demand for products or services. It helps organizations make informed decisions regarding production, inventory, and procurement to meet customer demands efficiently while minimizing costs and maximizing customer satisfaction.

ORDER MANAGEMENT

Order management is a critical feature of Supply Chain Management (SCM) that involves the end-to-end process of receiving, processing, and fulfilling customer orders efficiently and accurately. It encompasses activities such as order entry, order processing, inventory allocation, order fulfillment, and order tracking. The goal of order management is to ensure timely delivery of products or services to customers while optimizing inventory levels and minimizing costs.

LOGISTIC AND TRANSPORTATION MANAGEMENT

Logistics and transportation management is a key feature of Supply Chain Management (SCM) that focuses on the efficient planning, execution, and control of the movement and storage of goods from the point of origin to the point of consumption. It encompasses activities such as transportation planning, carrier selection, route optimization, shipment tracking, and warehouse management. The goal is to ensure timely delivery of products while minimizing costs, optimizing resources, and enhancing overall supply chain performance.

INVENTORY MANAGEMENT

Inventory management is a critical feature of Supply Chain Management (SCM) that involves overseeing and controlling the levels, location, and movement of inventory within the supply chain. It aims to optimize inventory levels to meet customer demand, minimize holding costs, reduce stockouts, and ensure efficient operations throughout the supply chain.

Benefits of Cyberium’s SCM

Traceability

Blockchain enables the mapping and visualizing of steps in a supply chain easily because of its interconnected and encompassing bridging of actions. This enhances the traceability of each element constituting a supply chain, such as keeping track of supplier information, procurement, delivery of goods, etc.

Transparency

Another advantage of blockchain is that, it builds trust among the parties included in a supply chain because it provides open access to key data points it captures. Also, its traceability enhances its transparency.

Speed

Blockchain encapsulates smart contracts, i.e., chunks of code within a single block in a blockchain. Smart contracts automatically update actions when predetermined conditions of the actions are met. This feature enables replacing slow and manual processes that require time-consuming confirmations.

Immutability

Another advantage of blockchain is that, it builds trust among the parties included in a supply chain because it provides open access to key data points it captures. Also, its traceability enhances its transparency.

Consensus

For transactions to successfully follow one another within a supply chain, all parties should agree on the actions. Without consensus, work is impossible. Blockchain is also advantageous for ensuring and sustaining consensus over the process because all the parties know that the transactions are automated and valid.

Take the next step

Achieve end-to-end visibility and control over the entire supply chain planning See Cyberium Planning Analytics in action. Discover how you can take your supply chain planning and analytics processes to the next level processes.

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