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Can we achieve Supply Chain Management Cost Reduction this way?

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  • Can we achieve Supply Chain Management Cost Reduction this way?

    Ever increasing customer expectations, supply chain becoming more and more complex driven by globalization, increased volatility and shrinking margins have put much higher pressure on managing your shipping costs and time. This, when combines with shortages of drivers, trucks, railcars, ocean slots, ports and escalating fuel costs, becomes a nightmare for a supply chain executive.
    A lot of organizations have already embraced technology to get better visibility into their transportation budget and operations. It has helped them in keeping the transportation costs checked and manage consolidation & globalization of outsourcing suppliers. But, the question I raised in one of the recent discussions at a supply chain forum, that how far software alone can help you in this regard? Is the software enough to take out of all operational issues or you will need to transform the practices also in your organizations to reach the goal? Of course, there are no prizes for guessing that both the approaches are required but what should take precedence? Can there be strategy around this?


    Does this guide helps?

  • #2
    Re: Can we achieve Supply Chain Management Cost Reduction this way?

    Software is a big help and based on our experience, it has greatly lessened the cost of our supply chain section. The ordering system is done via email - order form is forwarded to signatories for approval, returned and forwarded again to the purchasing department with copy furnished the warehouse custodian. By that procedure alone, we used to print the order form and route its hardcopy. Definitely, software is a factor in reducing the cost. But to take away all the operational issues? I guess that's not the case.

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    • #3
      Re: Can we achieve Supply Chain Management Cost Reduction this way?

      Supply chain management contains a lot of processes, so it can't easily handle manually. SCM software aids to take care of Inventory, orders, billing, suppliers records and stock details. Apart from some strategies should be consider to pick up the suitable software. There are plenty of sources available in real time, these multiples choices occur little confusion. My suggestion is better to go with cloud-based programs for SCM, you can easily understand tool flow, cost-effective, integrated application and ease of use. We've been using Apptivo for manage supply chain process. If you are looking for software, try to choose the suitable software else to design any innovative ideas.

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      • #4
        Re: Can we achieve Supply Chain Management Cost Reduction this way?

        Originally posted by meblogger View Post
        Ever increasing customer expectations, supply chain becoming more and more complex driven by globalization, increased volatility and shrinking margins have put much higher pressure on managing your shipping costs and time. This, when combines with shortages of drivers, trucks, railcars, ocean slots, ports and escalating fuel costs, becomes a nightmare for a supply chain executive.
        A lot of organizations have already embraced technology to get better visibility into their transportation budget and operations. It has helped them in keeping the transportation costs checked and manage consolidation & globalization of outsourcing suppliers. But, the question I raised in one of the recent discussions at a supply chain forum, that how far software alone can help you in this regard? Is the software enough to take out of all operational issues or you will need to transform the practices also in your organizations to reach the goal? Of course, there are no prizes for guessing that both the approaches are required but what should take precedence? Can there be strategy around this?


        Does this guide helps?
        Technology can only do so much. We need to be aware of its limits. At the end of the day, it's the people who decide and use technology. How it is being used will therefore be a crucial factor to the success of any supply chain. Technology by itself will help you get organized but if there are no rules or systems to adhere to, the purpose of technology won't be met.

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        • #5
          Re: Can we achieve Supply Chain Management Cost Reduction this way?

          mere is software that is availlable that will certainly reduce some of the costs associated with

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          • #6
            Re: Can we achieve Supply Chain Management Cost Reduction this way?

            There is software that is available which will eliminate some of the costs associated with the transportation and delivery of goods. This software may be able to direct the transportation process but it will not be able to solve all the related problems because it will not be able manage the physical aspects. It can't move physically move a vehicle or change a tyre that has been punctuated.

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            • #7
              Re: Can we achieve Supply Chain Management Cost Reduction this way?

              ฉันรู้สึกดีขึ้นที่จะเข้าร่วมฟอรั่มของคุณ ขอบคุณ
              Last edited by SCFAdmin; 23 11 16, 05:24.

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              • #8
                Re: Can we achieve Supply Chain Management Cost Reduction this way?

                Yes, definitely we can reduce supply chain management cost with Enterprise Device management solutions software. this software helps to logistics companies to track, monitor and control over the workforce. simply through remote, you can deploy this solution to workforce mobiles and control easily.
                With this software, you can control your cost and improve business productivity.

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                • #9
                  Re: Can we achieve Supply Chain Management Cost Reduction this way?

                  Every year, $11.5 Billion dollars of recyclable products are thrown into landfills. 70% of the recoverable material is plastic and is worth over $8 Billion dollars. This has resulted in growing consumer demand for sustainable and socially responsible products, as over 50% of global consumers are willing to pay more for products from socially and environmentally responsible companies. Now, a growing number of new suppliers like Ecoark with limited understanding of big-box retail operations and supply chain management are seeking technologies and processes to capitalize on this market potential, converting plastic waste into new consumer goods to be sold in retail stores across the United States.

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                  • #10
                    Re: Can we achieve Supply Chain Management Cost Reduction this way?

                    Supply chain management software can make remarkable changes for any organization. This method will not only helps to reduce cost of transportation but also enable us to enhance control and visibility of the supply chain process. It gives smoothed and fast execution to all tasks in order to achieve long-term profitability in a solid way. Use of these kind of software will help you to Improve inventory management system, eliminates damage resources by adjusting the storage space efficiently for finished goods. Moreover,it would stronger your relationship with vendors & distributors.

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                    • #11
                      Re: Can we achieve Supply Chain Management Cost Reduction this way?

                      mere is software that is availlable that will certainly reduce some of the costs associated with
                      Synchronzed Supply Systems Ltd

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                      • #12
                        Re: Can we achieve Supply Chain Management Cost Reduction this way?

                        Software enhances supply chain administration and controls efficiencies, including optimising inventory holding cost, order processing effectiveness and efficiencies, forecasting efficiencies. Software does improve these processes and add value to cost optimization (i.e. cost reduction), but it does not contribute towards operational (i.e. Logistics, purchasing and warehousing processes) cost savings, that requires operational cost model assessment to derive at cost savings. Such cost savings could be derived from activities such as; packaging reengineering, assessment of alternative logistics model and creative approach to operational needs.

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                        • #13
                          Re: Can we achieve Supply Chain Management Cost Reduction this way?

                          Store network administration contains a ton of procedures, so it can't without much of a stretch handle physically. SCM programming helps to deal with Inventory, orders, charging, providers records and stock points of interest. Aside from a few techniques ought to be consider to get the appropriate programming. There are a lot of sources accessible progressively, these products decisions happen little perplexity. My proposal is ideal to run with cloud-based projects for SCM, you can undoubtedly comprehend apparatus stream, savvy, coordinated application and usability. We've been utilizing Apptivo for oversee production network prepare. In the event that you are searching for programming, attempt to pick the appropriate programming else to plan any creative thoughts.
                          Synchronzed Supply Systems Ltd

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                          • #14
                            Re: Can we achieve Supply Chain Management Cost Reduction this way?

                            Supply chain management is the most important in today time, world becoming a smarter and using technology it will helpful to the industry, but it will little big costly. To reduce these cost some of the following part will be helpful:
                            1) Customer service - Understand the customer need and avoid unnecessary expense
                            2) Supply Chain Service - Once you have a clear understanding of your customers' needs, you can move on to defining a supply chain strategy that will achieve your business objectives while delivering on your customer service promise.
                            3) Sales and operations planning : S&OP is a process that shares information and brings people together in a structured, single plan that is defined across the functional departments.
                            4) Supply chain network design : Think of the shape of your physical supply chain network as being determined by two “bookends”: your customers and your suppliers

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                            • #15
                              Re: Can we achieve Supply Chain Management Cost Reduction this way?

                              Software alone is never enough. Even if a software has great analytics capabilities, you require a reliable way to collect good real-time data all along your supply chain. In short: Garbage in = garbage out! This means you need a good IoT device. Good IoT devices and strong analytics too do not solve the problem completely. You need to put the analytics into action which demands dedicated manpower. Here is a good read which explains all the 5 things you need in a good visibility solution to reduce supply chain cost – and how to choose your software and hardware vendors correctly.

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