Which of the following outcomes is an expected benefit of effectively implementing supply chain event management software?
Correct Answer: C
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"