Effectively implementing supply chain event management (SCEM) software brings several benefits, with the key one being the triggering of notifications for variances from plans. This involves:
Real-Time Monitoring: SCEM software continuously monitors supply chain activities, tracking the progress of orders, shipments, and inventory levels.
Exception Management: When deviations from the plan occur, such as delays, shortages, or excesses, the system triggers notifications, allowing for immediate corrective actions.
Proactive Problem Solving: Early detection of variances enables supply chain managers to address issues before they escalate, minimizing disruptions.
Improved Communication: By providing timely and accurate information, SCEM software enhances communication and collaboration among supply chain partners, ensuring that all parties are aware of and can respond to variances.
References
"Supply Chain Event Management: Concepts, Capabilities, and Implementation" by Christoph Kilger and Hartmut Meyr
APICS, "Supply Chain Event Management Systems Overview"
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