Is Your Supply Chain Ready for the New Year?

Is Your Supply Chain Ready for the New Year? Take Action to Get Your Supply Chain in Gear

Your Supply Chain serves as a crucial connection to your customers. Understanding how to drive improved performance throughout your entire Supply Chain is critical to growing your profits year over year and outperforming your competition. Knowing what areas to improve, how to measure the proposed improvements and drive Supply Chain Value for maximum results in the coming year and beyond is a key consideration for all manufacturers and distributors this year. To help your company drive greater Supply Chain Value, it is necessary to take the following actions:

Identify all the Supply Chain Challenges you are currently experiencing

  • Trace these challenges to the specific root causes
  • Identify the key solution for each issue that achieves the right results for your company

Identify Your Supply Chain Challenges

How many Supply Chain Challenges do you need solved now? Go through the following Supply Chain Challenge Check List to determine your gaps and pain points: (Check all that apply)

___ Automation Gaps: Re-keying of ERP Order Data and Shipment Data (i.e. tracking number and freight amounts)

___ Automation Gaps: Manual Printing of Labels/Packing Slips

___ Compliance Issues: Invalid Barcodes, Incomplete ASN (Advance Ship Notices)

___ Preventing Late, Early & Incorrect Shipments

___ Improving Communication between the Front Office and Back Office (Warehouse)

___ Creating Added Visibility into the Status of Orders/Shipments in the Warehouse

___ Creating Reports to Evaluate Supply Chain Costs (i.e. customer freight costs or net margin per order)

___ Incorrect Labels, Packing Slips, VICS BOL, and other required reports.

___ Incorrect Freight Amounts Posted/Quoted

___ Costly Software Upgrades

___ Costly Software Customizations

___ Other. Please specify _____________________________________________

Action=Results

Whether you have checked one or all of the above, direct action must be taken to maximize your Supply Chain’s performance both short term and long term. Here are 3 ways to take action to get your Supply Chain in gear for the New Year:

1. Review your current Supply Chain technology to determine whether the software you have in place is adequately supporting and in alignment with your Supply Chain’s KPIs (Key Performance Indicators)

2. Request a Supply Chain Evaluation with a Key Solutions™ Provider Supply Chain Specialist (Edisoft® offers a complimentary in-depth Supply Chain Performance Consultation for manufacturers and distributors; email sales@edisoft.com to request yours.)

3. Discuss your Supply Chain technology options with your Reseller

 

Every day you rely solely on your Supply Chain to deliver value to your customers. For a most promising start to the New Year, be sure there are no weak links by taking the necessary steps to ensure your Supply Chain is ready and able to take you successfully through another productive and prosperous year.

Read more about Supply Chain Solutions: www.keysolutionsproviders.com/emagazine/

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5 Rules for Successful Retail Suppliers

5 Rules for Successful Retail Suppliers:
Choosing the Right Technology to Drive Supply Chain Performance

Times are changing with technology and technology is changing the times. Every successful organization knows that to remain competitive it is important to adapt at its core, the necessary technology that supports the changes that impact the life blood of the company – customers and sales. The greatest impact technology has had over the last decade for Retail Suppliers is on Consumer Behavior as it relates to online purchasing patterns. So, what are successful Retail Suppliers doing to rise to the challenge to become champions of change? Here are the 5 rules guiding their positive progress:

  1. Choose Configurable “Out Of The Box” Technology Solutions
  2. Select Modular Technology Solutions
  3. Adopt Flexible Technology Solutions
  4. Implement Scalable Technology Solutions
  5. Invest in Compliant Technology Solutions

 

Being an early adaptor to changes in your business landscape has its benefits; here are just a few:

1) Configurable Software-benefit from:

  • Faster, less complex software implementation and upgrades
  • No additional coding required prior to deployment or for upgrades
  • Cost and time savings

2) Modular Software-benefit from:

  • Choosing the combination of technology solutions that your organization needs to succeed now
  • The freedom to add technology modularly as your organization grows including adding an EDI system, Warehouse Automation Systems or a Transport Management System
  • The cost and time savings of not needing to replace your entire solution as you experience expected and accelerated growth

3) Flexible Software-benefit from:

  • Software that supports a wide range of retail order types
  • Solutions that support your warehouse processes for picking, packing and printing labels
  • Technology that supports multiple. shipment types including direct to consumer

4) Scalable Software-benefit from:

  • Technology that grows with your company over the lifecycle of your ERP
  • Lower cost of ownership over the lifecycle of the ERP

5) Compliant Software-benefit from:

  • Compliance with your EDI partners’ requirements
  • Cost savings by eliminating charge backs
  • Increased staff productivity with software that is in compliance with your business practices

As technology continues to improve, more opportunities will continue to emerge and with just 5 simple rules as a guide, retail suppliers are successfully poised to forge ahead on a clear path through the exciting frontier of the new global market.

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