Analyzing
and streamlining the supply chain is one way to help companies respond more
quickly to market changes while boosting operational efficiency.
Streamlining
supply chains helps businesses look beyond tactical order fulfillment and gain
a better understanding of future customer needs. Analyzing and streamlining the
supply chain is a learning process not just for improving product deliveries
today, but also for improving customer service in the future.
Streamlining
the global supply chain provides increased efficiencies throughout the entire
product life cycle. By improving the accuracy of demand forecasts and
schedules, optimising production lines and reducing costs companies are more
flexible and profitable. Having a better understanding of supply chain
processes and data is an essential first step required for successful
optimization.
1.
Review and optimise supply chain processes
A high-level process review to document the business' current state, and
identify ways to streamline supply chain operations is essential. The process
of integrating supply chains can help pinpoint where problems are occurring
along the process, enabling businesses to take surgical action and further
reduce costs and pass savings along to their customers.
2.
Integrate supply chain data from A to Z
Every transaction typically touches several systems including enterprise
resource management system, sales forecasts, manufacturing resource planning
systems and financial systems. In many cases, information also needs to be
shared with parallel systems owned by customers, partners and suppliers.
Within
medium and small business, data integration is traditionally done through file
(i.e. xls) uploads, batch updates, manual updates or spreadsheet uploads. All
of these processes are time consuming and error prone. By adding an integration
layer, information flows can be automated, and shared more quickly and simply.
3.
Eliminate duplicate data
When duplicate data entry processes are eliminated, labour hours and time are
saved, and the resulting system is easier to maintain. With the advent of
tablets and smartphones in the workplace, data entry can be done in the field,
which speeds up information flows and improves customer service.
4.
Leverage existing systems
Many in-house systems, developed over years, can be inflexible, complex, hard
to use, and difficult to integrate with newer systems. But much of the data
they collect can still be useful for planning and analysis. For example, a
mobile supply chain can be developed using data from existing information
systems.