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supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers.

Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes.

Functionality of such a system includes:

  • Customer requirement processing
  • Purchase order processing
  • Sales and distribution
  • Inventory Management
  • Goods reciept and warehouse management
  • Supplier management / Sourcing

A requirement for such a system would be "Forecasting"