Optimize Your Supply Chain with ERP
After years of streamlining internal operations, boosting plant productivity, improving product quality, and reducing manufacturing costs, companies are focusing on supply chain strategies as the next frontier in organizational excellence. One reason for these initiatives may be the substantial cost reductions to be achieved from improving logistics performance. A modern, state-of-the-art ERP helps you in many ways to achieve these goals.
Demand Planning & Forecasting
Supply Chain management function of an ERP links the principle functions of supply chain with best-in-class technology for an effective demand-supply mechanism. With fully integrated demand planning and forecasting module, one can easily generate a data-driven logistics plan. Analytical capabilities of ERP enables user to analyse supply chain risks and uncertainties and prepare for them. This includes analysis of need time vs. supply time across multiple vendors and associated costs, quality, lot size and the like.
Warehouse Management System (WMS) Functionality
An ERP system protects warehousing processes from glitches that could hamper efficiencies. Inventory management is expensive, ERP solutions enable user to minimize handling costs and maximize warehouse efficiencies. As Distributors and manufacturers deal with the tight pressure of order fulfilment deadlines, movement of raw materials, WIP and finished goods, they often get the solution through a well implemented ERP. When it comes to managing crucial processes like pick planning, consolidated picking, order pack-out, cross-docking, RFIDs and manifest interfaces, an ERP does it all.
Accuracy is the essence of any logistics and supply chain management system. Inaccurate logistics planning can create a situation where nobody is sure about the stocking levels, replenishment plans, overstocking, alternate items availability, stock availability at other locations. Naturally, lack of such information creates disruption in customer service leading to financial losses as well as customer dissatisfaction.
ebizframe ERP can help avoid catastrophic implications of poorly managed supply chain such as ordering from suppliers whose deliveries do not match quality standards, late deliveries, miss-management of perishable products, etc. which can easily upset your entire production or commitments to customers.
In conclusion, Supply Chain Management must be a critical part of your process improvement cycle and an essential part of your ERP focus.