Glossary - IT terms at a glance

Explanation of various terms from the field of IT


Supply-Chain-Management, or SCM, refers to the creation and management of logistics chains (material and information flows) across the entire value-added process, from raw material extraction to the end consumer. By concentrating on core competencies, supply chains with a division of labour and many participants are increasingly developing. Supply chain management thus describes the design and process within a complete supply chain.

The ERP / enterprise solution Microsoft Dynamics 365 Business Central / NAV includes the function of supply chain management, controls supply chains, manages warehouse / inventory data and finally ensures smooth processes for shorter reaction times through transparency and integration of partners.


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