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Digital Supply Chain with SAP Business One
The digital supply chain is a result of applying layers of technologies and automation to all aspects of the supply chain. Digital supply chain strategies harness the power of big data, the Internet of Things, artificial intelligence, machine learning, and more to streamline operations, increase production uptime, improve cash flow and lower costs. Having a single source of data empowers the team to pinpoint bottlenecks, identify redundancies, perform proactive maintenance, and consolidate resources optimally.
Technologies that enable vast improvements in the supply chain include:
- Supply Chain Management solution
- Internet of Things (IoT)
- Artificial Intelligence
- Big Data
- Predictive Analytics
- Machine Learning
- Voice-Activated Technology
- Autonomous Vehicles
- and much more
The deployment of digital supply chain technologies will replace the need for manual data entry and updates, eliminate manual information requests via email or phone, and reduce the use of paper.
Key benefits of using a Digital Supply Chain:
- 1. Accelerate time to market a new product
- 2. Improved planning with better supply chain visibility and collaboration
- 3. Streamline manufacturing with integration across the business
- 4. Run a fast and efficient supply chain
Accelerate time to market a new product
Improve the speed of introducing a new product to the market with better access to information throughout the supply chain.
Improve planning with better supply chain visibility and collaboration
Real-time tracking and predictive analytics improve forecast that helps inventory supply and demand planning. Inventory can be maintained at optimal levels with automated replenishments and predictive analytics to prevent under-stocking or over-ordering.
Streamline manufacturing with integration across the business
Effective supplier collaboration, real-time inventory tracking, and automation improve integration between departments. Integration eliminates data silos where information is housed in separate systems. A unified view of information accelerates visibility to improve agility and responsiveness.
Run fast and efficient supply chain
A holistic and integrated approach is critical to get products to the market faster, and respond quickly to consumer demands and economic shifts while keeping costs down.
An integrated business management solution such as With SAP Business One provides you with operational visibility to enable you to make better business decisions, improve the speed of go-to-market, achieve better operational efficiency, and improve customer satisfaction.
What you can expect with a digital supply chain solution:
- Improved scenario planning
- Better resource utilisation
- Improve material planning and usage
- Improve storage use
- Expiry date management
- Promotions management
- Improve stock management
- Manage production/fulfilment capacity
For more information on digitalising your supply chain with SAP Business One or get a price quote, reach out to MicroChannel below.
SAP Business One is an affordable Enterprise Resource Planning (ERP) software designed for small to midsize businesses. As a business management solution, SAP B1 streamlines business processes, provides real-time information, and help boost overall business performance. The solution covers finance, sales, customer relationship, purchasing, procurement, inventory and manufacturing in one centralised system, enabling accurate and precise information retrieval that assist in reporting, forecasting and analysis.