What is Supply Chain Management?
Supply chain management (SCM) is the process over overseeing materials from vendors distributed to the hands of the consumer. Moving from a wholesaler to a retailer to the consumer is not as easy as it sounds as it does involve proper coordination and integration between suppliers and retailers to properly move the product. There are multiple areas of supply chain management that need to be properly monitored including:
As you break down each section, it is easy to find that proper implementation of an effective program is essential to allow the business to run smoothly. Barcode scanners are used as they make it easy to track each item on its way from the vendor to the supplier. Barcode scanners require the use of an effective computerized management inventory system like Fishbowl.
Simply scanning the barcode provides information about the item include the quantity, its location in the warehouse, and the vendor. Keeping accurate data will allow you to understand when it’s time to reorder inventory along with receiving information and proper cycle counts. Using Fishbowl’s supply chain management program, you will be able to:
- Track and monitor shipments
- Review vendor performance
- Stay updated with payments
- Update inventory records
- Manage inventory at multiple locations