Supply Chain Management Optimisation with ERP Software

Key benefits of ERP software that help achieve supply chain optimisation

Enhanced Visibility and Control

To effectively manage a supply chain, businesses need a comprehensive view of their operations. Visibility goes beyond simply just knowing the amount of stock you hold for a specific item. Visibility is the combination of demand-driven forecasts, purchase orders, supplier collaboration for the availability of goods, warehouse management, distribution network, transport routes and tracking of delivery to mention a few.

For a manufacturer, poor supply chain visibility can arise from multiple sites, distribution networks and split manufacturing operations. For distributors, disparate systems within a warehouse are problematic.

Both Dynamics 365 and Syscom ERP8 provide improved visibility and control by consolidating supply chain logistics under a unified dashboard.

Real-time information about supply chain logistics helps identify inefficiencies and areas for improvement. It enables coordination with suppliers, employees, and vendors, allowing you to make informed decisions based on real-time data. With features such as demand forecasting, inventory management, and sales order processing, ERP software empowers businesses to optimise their supply chain processes.

Cloud vs On-Premises Solutions

As businesses embrace digital transformation, cloud-based ERP solutions are gaining popularity over traditional on-premises systems. Cloud-hosted ERP offers the advantage of remote accessibility, allowing users to access critical information anytime, anywhere. With the ability to monitor the supply chain remotely, businesses can respond swiftly to errors and keep up with the fast-paced nature of supply chain operations.

Employee satisfaction

Logistical workforce issues, including recruitment and retention challenges, have caused significant disruptions to supply chains. Supply chain optimisation software can address these challenges by providing an employee value proposition and training opportunities. By streamlining business processes and integrating with other systems, ERP software reduces the burden on workers and enhances their productivity. Features like returns processing and integration with inventory software further contribute to employee satisfaction and overall operational efficiency.

Collaboration

Connecting supply chain partners and promoting collaboration between them contributes to supply chain data which can help make more informed decisions. To truly build supply chain resilience and react effectively to supply chain disruptions, organisations must adopt an approach where shared information is available to provide further visibility outside of the organisation's reach, which can help to see problems arise in good time.

Efficient collaboration is essential for ensuring smooth supply chain operations. Dynamics 365 and ERP8 both facilitate streamlined coordination, strengthen supplier relationships, and improve performance tracking.

Inventory Management

Effective inventory management is crucial for optimising supply chain performance. ERP software provides total visibility and control over inventory levels, costing, and tracking across multiple warehouses. With features like barcoding, serial tracking, and RFID integration, organisations can increase accuracy, reduce audit costs, and improve overall efficiency. Moreover, ERP systems enable warehouse optimisation, including faster order fulfilment and timely deliveries, leading to enhanced customer satisfaction.