Supply chain management Resource (SCMR) is a business term which refers to a whole range of software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes.
While functionality in such systems can often be broad – it commonly includes:
Customer requirement processing
Purchase order processing
Goods receipt and Warehouse management
A requirement of many SCMR often includes forecasting. Such tools often attempt to balance the disparity between supply and demand by improving business processes and using algorithms and consumption analysis to better plan future needs. SCMR also often includes integration technology that allows organizations to trade electronically with supply chain partners.