This guide to supply chain management (SCM) functions/features will help you determine which SCM features are a high priority for your organization. Learn about SCM functions and features for WMS, TMS, international trade logistics (ITL), supplier relationship management (SRM), demand management, supply chain analytics, order management, service parts planning, and more.
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management and transportation systems. SCM functions and features, submodule #4: supplier relationship management (SRM) Design Best practice dictates that strategic suppliers be involved in the new product process from the very beginning—i.e., the concept, requirements, and design definition phase. Supplier relationship management (SRM) suites support this with functionality for requirements collaboration tools, component selection tools, and bills of materials (BOMs) grading. Sourcing Many consider