Supply Chain Event Management

Event An occurrence in the supply chain that triggers the need for action. Supply chain event management refers to software solutions that monitor operating data to determine if such an event has occurred. 

SCEM Supply Chain Event Management. Used to describe software that tracks supply chain operations. Includes Supply Chain Event Management (SCEM) and Supply Chain Performance Management (SCPM). (ARC Advisory Group)... 

Supply Chain Event Management (SCEM) Software feature that monitors supply chain transaction data for predefined exceptions or events that require intervention. An example could be a late order. In such a case, the SCEM software would alert designated parties to inform them and suggest interventions. 

Supply chain event management systems (supply chain integration) All key participants in the supply chain, including strategic partners, have full visibility of the demand/supply plan 5 upply chain governance o X X ... 

Supply chain event management systems (SC integration) X X ... 

One emerging tool that could greatly improve the visibility across complex global supply chains is supply chain event management. 

Supply chain event management (SCEM) is the term given to the process of monitoring the planned sequence of activities along a supply chain and the subsequent reporting of any divergence from that plan. Ideally SCEM will also enable a proactive, even automatic, response to deviations from the plan. 

Source Styles, Peter, Determining supply chain event management , n Achieving Suppiy Chain Exceiience Through Technoiogy, Montgomery Research, San Francisco, 2002... 

Supply chain event management enables organisations to gain visibility upstream and downstream of their own operations and to assume an active rather than a passive approach to supply chain risk. Figure 9.2 shows the progression from the traditional, limited scope of supply chain visibility to the intended goal of an intelligent supply chain information system. 

We referred in Chapter 9 to the potential of supply chain event management (SCEM) to enable better identification of the occurence of unplanned events (or the non-occurrence of planned events). Tools such as these can significantly reduce supply chain uncertainty and thus reduce the need for additional inventory buffers. Another emerging technology that is enabling dramatic improvements in visibility is Radio Frequency Identification (RFID). 

Otto A (2003) Supply Chain Event Management Tluee Perspectives. International Xoumal of Logistics Management, 14 1-15. 

In terms of existing solutions, the existing ERP, SCM, EAl and other B2B solutions are designed to improve efficiency of the supply chains and not to enhance their reliability or robustness under uncertainty. Some vendors offer partial solutions to this problem under the name of Supply Chain Event Management (SCEM). These offerings include track and trace, supply chain visibility and alert messaging solutions (Bittner, 2000), which merely notify the human operator of unexpected occurrences and leave him to resolve the issue. In such a scenario, there is a critical need for a framework and for suitable tools that would allow companies and managers... 

M. Bittner, E-Business Requires Supply Chain Event Management, AMR Research, November 2000. 

SAP Customer Success Story Chemicals. BASF Achieves Transparency in Its Ocean-Freight Supply Chain to Manage the Unexpected with SAP Event Management. http //www.sap.com/portugal/solutions/pdfs/BASF. pdf, downloaded July 2012. 

Design to reduce risk. Reduce the likelihood of high-impact, highly probable supply chain events and manage to eliminate periodic incidents and supply chain surprises. 

This chapter presents important problems in supply chain risk management that extend beyond the traditional treatment of supply chain management commonly found in textbooks. We discuss in detail the vulnerability, driven by globalization, of supply chains around the world to a disruptive event in one part of a single country. This chapter presents models and methods to answer the following queshons ... 

Viswanadham and Gaonkar (Risk Management in Global Supply Chain Networks) looked at a timely issue - the impact of risk and disruption in supply chain. They developed a framework and classification to handle supply chain risk management issues. They developed mathematical models, built on mapping of exceptions and consequences using fault trees and event trees, to design robust inbound supply chains that are resilient to deviations and disruptions. 

Consider supply chains that face significant short-term changes events that require rapid adjustment and adaptation of flows. In a book titled Orchestrating Supply Chain Opportunities, Iyer and Zelikovsky [63] focus on the information system as one tool to manage events that include weather-related disruptions (like Hurricane Katrina), product failures that require rapid redesign (Uke the Kryptonite bicycle lock), demand surges (such as those faced by Amazon.com), among others. 

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