With the advent of end-to-end supply chain integration an organisation now has an unprecedented access to an immense amount of data from its supply chain. This data contains information regarding every aspect of the supply chain from the raw materials and suppliers to the finished product and customers. With the aim of increased productivity and customer satisfaction, the organisation must move towards better visibility and automation. This level of visibility allows constant monitoring over the raw materials, parts and components, finished product, spare parts and seamlessly connects the suppliers, warehousing, manufacturing, customers and logistics etc. via a common cloud-based data tree.
Visibility & Logistics
A supply chain cannot run smoothly if the personnel involved are blind to the real-time status of its information such as quantity, position and movement etc. For the inventory the main goal is to reduce shortages and waste from access material as well as reduction in storage and warehousing costs due to delays in the supply chain. This is achieved through an end-to-end supply chain integration. With the help of supply chain analytics tools, issues such as shortage of raw materials, delay in delivery times, unfortunate accidents and problems with the material itself etc. can be flagged immediately and fixed instantly. This will also require less human intervention, hence, increasing automation and reducing human error significantly.
Visibility & Manufacturing
With the logistics of the supply chain handled, the manufacturing domain can expect to have fewer delays and downtime. With proper raw materials, in the correct quantity, that are delivered in a predictable and trustworthy timeframe, the manufacturing issues such as downtime, bottlenecks and scrap material etc. are significantly reduced and metrics such as productivity and quality are improved. With the aid of predictive analytics and data mining solutions, each area of the supply chain can trigger a signal to signify a problem at their end and alert the rest of the supply chain to optimize their operations accordingly.
Visibility & Customers
With the fast paced and customer friendly market, the customer has become an integral part of the supply chain and hence, visibility over the customer information has become essential. The natural goal of any supply chain is to deliver an excellent product to a customer as soon as possible but now, the customer also has access to certain information from the supply chain such delivery status, delays in shipping and product information etc. With the help of our predictive analytics and data mining solutions in the organization, this allows the customer to optimize their own time and not feel blind to the products they have purchased. This transparency makes the customer feel better heard and less nervous about the purchases they have made or might make in the future. To the benefit of the organization, this allows for better customer satisfaction and retention and gives it a competitive edge over their competitors in the same market.
Visibility & the Organization
A major issue in the supply chain happens not in the horizontal flow of the operation but the vertical. Lack of communication between departments below and above you can lead to significant confusion and delays in the operation. This happens when the people involved are not completely informed in the way of our end-to-end supply chain integration. However, with increase in visibility to all levels in the organization, the people involved can be immediately made aware of the status of the work and using supply chain analytics tools, optimize their step in the ladder to reduce issues such as bottlenecks or delays.
Visibility & Traceability and How to Achieve it
A supply chain is marked by a large number of data such as the prices, part numbers, SKU number or purchase order and much more. This data needs to be specific and user-friendly to each personnel in the supply chain. External data that influences the flow of the supply chain such as the weather, temperature, temporal data, social situations and GPS/GIS information are all available to every relevant member that need this data. The very reason for the requirement of visibility and traceability is in order to work with this everchanging and relatively unpredictable data set. With the help of supply chain analytics tools, this data can be gathered, analysed and produced to the relevant party in a format that allows them to take action to mitigate any issues.
A Visible Conclusion
Through visibility and traceability in the supply chain, an organization is able to
Improve customer satisfaction and retention
Improve productivity and performance
Reduce risks and cost all across the board
A visible supply chain has the advantage of identifying and solving any problems that arise. Not only that but with our predictive analytics and data mining solutions, they can prevent a problem from occurring in the first place. Monitor Pro provides the tools you require to keep on top of your operation in real time and take your efficiency to its highest possible value. A supply chain, even for a small business, is an increasingly complicated matter but what we offer is to turn this complicated web of data into a user-friendly format.
To learn more about how we can help you, book a consultation with Monitor Pro today!