Supply chain integration is about bringing the companies in the supply chain together through the use of modern technology and since its inception it has absolutely revolutionized the supply chain on the whole. One of the biggest issues with the supply chain was this lack of communication and there is no doubt that the integration which we currently have is able to increase and improve every single aspect of those companies in the chain.
Here are just some of the benefits which this increased visibility and this improved level of communication is able to have on the businesses which fall in the supply chain.
Lowering Waste
Companies have always wished to lower the level of wastage from production because unless that can be repurposed and recycled it is essentially lost cash. Furthermore we are very much living in a time whereby wastage is a highly sensitive issue and more people want to work with companies that are able to minimize the level of waste that they are producing. Through more intelligent supply chains this is exactly what we can do because through the use of integration we have a much clearer understanding of how much production is expected, of what kind and when. This has proven to be a real godsend with regards to the lowering of waste.
Better Relationships
Supply chain integration leads to better relationships with the rest of the businesses in that supply chain and this happens for a number of reasons. If we think about what breaks relationships between businesses and providers it is poor quality orders, late orders, poor communication and mistakes. Thanks to the supply chain integration strategy which so many use however this becomes a thing of the past and we have better visibility than ever as well as tools and processes which ensure that mistakes and late orders are a thing of the past.
Productivity
Every single business on the planet is looking at ways in which they can increase the productivity in their business and how they can boost the efficiency by which they conduct things. Through supply chain integration this is exactly what we have been able to do. This has happened because of the fact that we know exactly what is expected of us and we can use real time data to manage orders, shipping and every other aspect of our logistical process. No longer do we have to waste valuable man hours on remedial tasks or tasks which can be put off or done at another time.
Thanks to this increase in productivity, the lowering of waste and the increase which we have seen in relationships between businesses within the supply chain, we can clearly see that this is a cost saving change that impacts all companies in the supply chain. We are seeing further advancements each and every day which are helping these companies to truly maximize their potential and the amount of money which they are able to make.
