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How Technology Boosts Supply Chain Management
In all industries, the performance of supply chains are intrinsic to operational and financial success. To improve supply chain management, look no...
Distribution
Fast-moving markets, customer expectations and lightning quick deliveries demands an agile supply chain model. It requires modern supply chain management software that can manage multiple business systems and quickly adapt to industry changes.
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Plan and execute ahead
The modern supply chain management system oversees all processes inside and outside the enterprise (think suppliers and channel partners) and analyses their impact in real-time. It identifies, evaluates and executes alternative supply-chain scenarios.
Herein lies the primary advantage of supply chain management software; the ability to analyse and predict changes in the system and the impact of external events and reacting accordingly. It also allows companies to plan their supply chain events swiftly, using advanced analytics, bridging the gap between planning and execution.
Whereas traditional enterprise resource planning relies on cyclical and periodic planning (usually monthly or yearly), an integrated supply chain management solution can accommodate fast-paced changes happening daily. It’s no longer about batch planning, but continuous and proactive planning, based on real-time insights.
Efficient and fast fulfillment
Supply chain management solutions are designed to maximise fulfillment operations, improve efficiency and achieve optimum delivery while reducing and streamlining costs across the business.
Agile supply chains have the ability to analyse and execute the best strategies to ensure optimised fulfillment to customers with lower procurement costs and minimum lead times. Customers are increasingly demanding same-day deliveries and order fulfillment within hours, not days.
It’s important to note that efficient fulfillment can only happen in an integrated and transparent supply chain system where companies control the movement of stock from warehouse to distribution. Supply chain management software supports the agile supply chain cycle, regardless of supply and demand, with room for growth.
In conclusion, rapid technological and operational changes in the supply chain can only be met by solutions capable of responding, analysing and optimising processes without delay.
Contact us to discuss a tailor made supply chain management solution for your distribution business.