Supply chain management is to mark, track, manage and share information from the raw materials through the work in process to the finished good location on the consumer shelf and the habits of the consumer that use the product.
One system alone will not accomplish this huge undertaking. Most organizations will need to implement a piece at a time. Acumen helps with many of the frontline systems including auto ID, bar coding, tracking, inventory, work-in-process and delivery subsystems to ERP systems.
If you are a forward-thinking company looking to stay competitive within your market space, Supply Chain Management is a must even though managing supply chains in today's competitive world is increasingly challenging. The greater the uncertainties in supply and demand, globalization of the market, shorter and shorter product and technology life cycles, and the increased use of manufacturing, distribution and logistics partnerships, have led to a higher exposure to risks in the supply chain.
Without current information on supply, the need for alternatives, proper scheduling of manufacturing, distribution and labor is near impossible. Still reactive most systems and companies using these systems can be competitive. When demands change, if it can be forecast the resources can be planned accordingly. If the chain is long the effect of supply and demand change can be difficult if not marked, tracked and shared.
Supply Chain Management