Connected Supply Chain
Delivering the right products at the right time and upholding your service guarantee to your customers calls for a streamlined logistics process. On the one hand, you need to make sure your buyers and suppliers start their work on time, based on the expected demand. On the other, you also want to be able to provide clarity to colleagues in sales, marketing and procurement. That means you need to have an extremely reliable overview of everything that has been ordered, everything that is on the road and everything that is already present in your warehouses, so that you can intervene immediately if something threatens to go wrong.
Demand forecasting and inventory management
You have extensive knowledge of your customers and their purchasing patterns. You may also have a similar understanding of your customers' customers. You can use that knowledge to forecast demand for your products and avoid empty shelves and missed sales opportunities.You may even be able to enhance your own forecasts using data from other organisations in your supply chain (collaborative forecasting). By fully integrating your own applications and creating complete transparency throughout the chain, you can build an accurate picture of the expected demand for your products.
Supply Chain Control Tower
How would you like to look at your entire supply chain from a control tower? A birds-eye view of this kind would allow you to gain control over all aspects of your supply chain. As you would be monitoring everything in real time, it would be easy to intervene if something threatens to go wrong. What if you notice a blockage somewhere or a product is delayed? In that case you can immediately offer alternatives and enlist help if necessary. You can also let the customer know about the delay.