Any company with a sufficiently complex supply chain will understand the benefits of streamlining your operation. Imagine having a large boat with a small leak. You could fix the hole, but you could also ignore it as it is such a small problem relative to the size of the boat. But if that boat picked up dozens, even hundreds of small leaks, suddenly you have a significant problem.
Supply chains are very similar. It is easy to ignore the occasional inefficiency in a vast, complicated supply chain. Those problems can build and accumulate, and before you know it you’re losing a considerable amount of money and time through the cracks in your supply chain management strategy.
Suuchi’s innovative approach to supply chain management software (SCM) can help you repair these leaks in several ways.
- Connect Your Partners Through a Central Hub
Miscommunication has a lot to answer for when it comes to supply chain problems. Many problems are later found to have been avoidable if not for some relatively simple communication between different links of the chain. Using SCM, you have a single hub that connects each of your partners and departments, so no one is stuck waiting for information from various sources before eventually landing on their desk.
- Embracing New Technologies
Using an SCM will allow a higher degree of communication across a wide range of devices. Rather than limiting your supply chain to proprietary, often outdated devices, you will be able to use the latest phones, tablets, and computers. All of this will integrate seamlessly into your ecosystem, allowing everyone to keep updated regardless of what technology they are using.
This change also often means cheaper technology. It is less expensive to get a bulk deal on consumer technology than it is to have something proprietary made for your business.
- Highly Efficient Data Reporting
Reports of the death of spreadsheets are greatly exaggerated, but the days of painstakingly entering data into those spreadsheets manually have, thankfully, come and gone.
A great deal of data tracking and logging can be automated with the supply chain software, a key aspect if you hope to streamline your operation effectively. This improvement also reduces the opportunity for human error and removes the likelihood of conflicting data. With everything handled by one single authority, you and your partners can be sure that any data is reliable and accurate, and easy to access.
- Seamless Scalability
Growth is a natural part of a successful business, but with growth comes scale. A traditional supply chain management system tended to scale poorly. Otherwise, it required excessive upfront investment and planning to ensure it could scale smoothly, which can be a risk if the company doesn’t grow as you expected.
With a cloud-based Software as a Service (SaaS) model, your provider handles the system’s scalability. They could afford to do this because their business is the system, whereas an in-house system would have negatively affected the company if there was an overhaul. By allowing the service provider to handle the updates, you can continue to work and grow without worrying about your SCM software falling behind.