Businesses rely on suppliers and vendors to provide the materials needed to manufacture and deliver goods to customers. However, supply chains become increasingly complicated with growth and change. Instead of a profit source, supply chains can become a profit drain. Modern technology, specifically enterprise resource planning (ERP) solutions, can provide support. So, how does ERP help supply chain management?
Tame Complicated Supply Chains
Supply chains tend to grow complicated over time, making these relationships difficult to manage with spreadsheets or other specialty software. Weaknesses in the supply chain can wreak havoc on the ability to deliver goods to market or direct to customers. Inefficiency with managing these relationships and with managing inventory can quickly halt production and take a toll on profit margins. Wasteful practices or poor inventory control puts a burden on productivity, as well as the bottom line.
Today’s ERP offers an innovative, agile way to manage your supply chain and other business operations. By incorporating supply chain management within ERP, businesses gain a number of advantages, including a stronger supply chain. Here are three ways ERP will support supply chain management:
Gain Control and Insight Over Your Supply Chain with Technology
Specialty software, spreadsheets and regular meetings with suppliers aren’t enough to gain the control and insight needed to turn a complicated supply chain into a competitive advantage. Replace inefficient processes with more reliable technology and integrate supply chain management into ERP. Contact The Wolcott Group with any questions.