Trading partners in the automotive
industry can now enjoy significant
benefits of standardised Supply
Chain Monitoring (SCMo) in the
future following the publication of
their latest Odette standard. SCMo
is a multi-level supply chain
management concept that supports
the fulfilment/execution process and is an add-on to existing ERP systems.
Odette International is the non-profit making organisation formed by the automotive sector which sets the standards for the electronic communications and logistics processes that link 4,000-plus businesses in the European motor industry with their global trading partners.
The organisation’s new recommendation includes detailed business process descriptions, functionalities and data descriptions. It says that the recommendation will mean difficult to manage supply networks will gain from:
l Smooth and secure supply with minimal safety inventories.
l Increased speed and flexibility.
l Reduction of premium freight.
l Reduction of non-value-adding costs.
l Best practice approach from automotive industry experts.
l Avoidance of scrap due to obsolescence.
l A clear roadmap for software
providers, marketplaces and decision
makers in the automotive industry.
Odette says that the main benefit
of SCMo is the speed of information
flow and the cross-company
visibility and synchronisation.
