07 Jan ERP cloud solution takes kinks out of supply chains
Swift Dramatic Order Cutbacks
A swift and dramatic cut in orders caused by a change in demand, expected or unexpected, is going to strain your entire supply chain. An ERP cloud solution keeps you better informed so that you can manage every link in the chain, and be better prepared when cutbacks happen.
Long lead times causing delayed delivery
One way to lose a customer is delayed delivery. If orders are being delayed and a business is losing customers while they are waiting on supplies from overseas, it may be time to compare the cost of sourcing your supplies closer to home against the benefit of making deliveries on time. The right software can help determine this.
Over emphasis on cutting cost
Cutting costs is something that all CFO’s are looking to accomplish, but too much of anything is a bad thing. Cloud-based enterprise software can help you find the balance between trimming the fat and over cutting.
Inaccurate Demand Forecasts
Accurate demand forecasting is the deciding factor between having overstock, shortages, or a completely smooth supply chain. With ERP, reports are accurate and in real time for optimized decision making and forecasting.
Lack of Risk Management Strategies
Risk management is an important part of any organization’s master plan and it can damage the whole supply chain when disaster strikes and there is no strategy. With the advanced ability to generate reports, enterprise software makes executives better informed when they are drafting this important strategy.
A smooth and efficient supply chain in is crucial to business success. Avoiding these common pit-falls with a ERP cloud solution can save a business time, money and resources.