In the current volatile, uncertain, complex, and ambiguous (VUCA) landscape, supply chain management often becomes an unpredictable puzzle. Manufacturers must stay ahead of the curve while facing an increasingly discerning and demanding customer base. That’s why you need SYSPRO ERP’s Supply Chain Management Software. The software’s intrinsic capabilities empower you to bring superior products to market swiftly, foresee customer demand, and actively engage in robust, agile supply chains.
Elevate Your Delivery Performance with SYSPRO ERP
- SYSPRO ERP for Supply Chain Management is a secure and efficient solution providing the control you require and the exceptional experience you desire throughout your supply chain journey.
- The system is modular and customisable to your organisation's needs and offers numerous benefits, giving you a competitive edge.
- You can expect comprehensive insights and control over all processes within your business, spanning the entire supply chain.
- This capability empowers you to make informed decisions that maximise customer value, increase revenue, and drive cost reductions, ultimately bolstering your company's bottom line.
- Choose from over 50 individual ERP modules that seamlessly integrate into your operations, delivering everything you need and nothing that you don't. SYSPRO ERP equips you with the tools to sculpt your supply chain, enhance your competitive position, and deliver an exceptional customer experience.
Here are some of the key challenges that IIT Solutions can help your company address with SYSPRO ERP for Supply Chain Management:
Unavoidable Macro-Economic Circumstances
The global economy is subject to various macroeconomic forces, from geopolitical tensions to natural disasters. These external factors can disrupt supply chains, causing delays and uncertainties in the movement of goods. Navigating through such unavoidable circumstances requires strategic resilience and contingency planning.
SYSPRO solves this problem by ensuring agility across the supply chain. Numerous benefits arise by enhancing supply chain visibility, including streamlined operations, better communication, compliance with regulations, and real-time tracking from planning to delivery. These insights not only prevent disruptions in supplier inventory and product delivery but also improve customer service, reduce costs, and aid in regulatory compliance. SYSPRO’s built-in digitalisation capabilities foster an agile supply chain with end-to-end visibility and collaboration. In addition, embedded AI offers real-time intelligence and recommendations, significantly reducing disruption mitigation time.
Outdated, Ineffective Business Models
Many supply chain operations are still structured around traditional, inefficient models. Adhering to outdated practices can lead to inefficiencies, inflated costs, and missed opportunities for improvement. Companies must be willing to reevaluate and modernise their business models to stay competitive.
IIT Solutions and SYSPRO Software enable manufacturers and distributors to align their business strategies with unique needs and create a digital roadmap with insights from experienced representatives. SYSPRO offers crucial visibility across the supply chain and internal operations, enabling better control. The forecasting tools facilitate efficient procurement based on demand. Dashboards with KPIs and RBIs enable timely, accurate executive reporting and empower decision-makers to focus on more profitable product lines, avoiding excess stock of underperforming items.
Impaired Supply Chain Visibility
Limited visibility into the various stages of the supply chain can hinder the ability to make informed decisions and respond promptly to disruptions. Enhancing supply chain visibility through technology and data-driven insights is essential for minimising risks and optimising performance.
Syspro’s supply chain portal streamlines connections between buyers and suppliers, enhancing communication and data exchange. It benefits multi-supplier companies by expediting purchasing and production processes eliminating manual order entry through touchless ordering. This portal empowers manufacturers to efficiently meet customer demands with instant access to suppliers, ensuring shelves remain well-stocked and responsive to market changes.
Getting Quality from Data
The vast volumes of data generated in the supply chain are a goldmine of untapped potential. Extracting meaningful insights from this data is a challenge that businesses must tackle. Effective data analysis can reveal opportunities for optimisation, cost reduction, and enhanced decision-making.
Leveraging tools like AI, ML, predictive analytics, and inventory forecasting is essential for transforming vast datasets into actionable insights to enhance operational efficiency and gain a competitive edge. Manufacturers can now harness AI and ML to analyse data and identify even short-term trends, enabling informed decision-making. These technologies, when combined with predictive analytics, empower businesses to perform what-if analyses, optimise supply chains, and understand the impact on suppliers and warehouse resources. Similarly, distributors can benefit from these tools to improve relationships, enhance transparency, and make data-driven decisions regarding sales orders, purchases, and logistics.
Increased Investment in Technology
Supply chain professionals in diverse industries face the challenge of navigating a complex web of suppliers, platforms, and systems to fulfil customer orders. According to the SYSPRO 2020 Manufacturing CFO 4.0 Survey Report, CFOs anticipate business expansion in the coming five years, focusing on entering new markets and boosting marketing and sales efforts. Additionally, investments in machinery, robotics, and technology automation are on the horizon for 51% of respondents, while 61% recognise the need for predictive models and robust measurement and reporting to stay competitive. The exponential growth of e-commerce, which tripled from 2010 to 2020 and saw further doubling during the initial phase of the COVID-19 pandemic, underlines the increasing influence of e-commerce on supply and distribution chains. Digitisation is crucial to enhance efficiency and reduce vulnerabilities in the supply chain, facilitating the seamless integration of data, products, and services. In today’s customer-centric environment, prioritising digitisation and technology investments has never been more critical.
Many supply chains still rely on manual and isolated processes, resulting in significant document exchanges and higher shipping costs. Digitisation can streamline customs procedures, border crossings, and regulatory compliance. SYSPRO provides real-time dashboards with Key Performance Indicators and Key Risk Indicators to preempt issues. Optical Character Recognition scanning enhances efficiency by automating the entry of purchase and sales orders and streamlining processes.
Aligning with the Company's Strategic Goals
For a supply chain to be truly effective, it must be aligned with the overarching strategic goals of the organisation. Ensuring that supply chain operations support and enhance the company’s broader objectives is a significant challenge that requires a holistic approach to management.
Manufacturing and distribution companies require a strategic vehicle that not only shapes organisational strategy but also delivers actionable insights for swift analysis, decision-making, and execution. Real-time data trends enhance user productivity, collaboration, and proactive action. SYSPRO, combined with effective corporate performance management, offers greater financial visibility, improving profitability and risk management. Automation of financial processes like consolidation, reporting, analysis, modelling, and planning reduces manual tasks, enabling finance teams to focus on valuable analysis. Embedding planning within operational aspects empowers organisations to assess cause-and-effect relationships within manufacturing and consider external factors like import tax and currency fluctuations.
IIT Solutions is your experienced navigator through these challenges
At IIT Solutions, we’ll highlight your opportunities to innovate, adapt, and excel in the global supply chain arena. We’ll work with you to embrace change, adopt technology, and create strategic alignment for your business to thrive.
