supply chain management

Supply chain management represents a key-process in a company, especially in business for customers and consumers. It has a huge importance, because it allows to minimize cost, waste, and time in the production cycle in an industry environment which has become a just-in-time supply chain where retail shelves need to be restocked as soon as product is sold.

According to IBM “supply chain management is the handling of the entire production flow of a good or service — starting from the raw components all the way to delivering the final product to the consumer. A company creates a network of suppliers (“links” in the chain) that move the product along from the suppliers of raw materials to those organizations that deal directly with users”.

Furthermore, the use of advanced analytics has enabled companies to further improve results and, as CIO reports, some examples are:

  • Identifying potential problems before they occur. A customer can order more products than the manufacturer can deliver, so this can cause a shortage of the order and a consequently disappointment by the customer. Manufacturers who anticipate the shortage before the buyer is disappointed may be able to offer a substitute product or other incentive to keep the buyer happy.
  • Optimizing price dynamically. Seasonal products have a limit shelf life, so the ones that are not sold by the end of the season are usually scrapped or sold at deep discounts. Airlines, hotels, and other companies with a limited, but perishable products, adjust process dynamically to meet demand and this can improve margins.
  • Improving the allocation of available to promise (ATP) inventory. The available tools allow to allocate resources and schedule work based on the sales forecast, actual orders, and promised delivery of raw materials. Manufacturers are able to confirm a product delivery date when the order is placed, significantly reducing incorrectly filled orders.

Key features of Supply Chain Management and its evolution through the years

A well-organized supply chain management consents to protect company’s business reputation and long-term sustainability. IDC’s Simon Ellis in “The Path to a Thinking Supply Chain” identifies five “Cs” of the effective supply chain management of the future:

  • Connected: Being able to access unstructured data from social media, structured data from the Internet of Things (IoT) and more traditional data sets available through traditional ERP and B2B integration tools.

  • Collaborative: Improving collaboration with suppliers increasingly means the use of cloud-based commerce networks to enable multi-enterprise collaboration and engagement.

  • Cyber-aware: The supply chain must harden its systems and protect them from cyber-intrusions and hacks, which should be an enterprise-wide concern.

  • Cognitively enabled: The AI platform becomes the modern supply chain’s control tower by collating, coordinating and conducting decisions and actions across the chain. Most of the supply chain is automated and self-learning.

  • Comprehensive: Analytics capabilities must be scaled with data in real time. Insights will be comprehensive and fast. Latency is unacceptable in the supply chain of the future.

However, supply chain hasn’t always been the same, in contrast it’s evolved through the years. As a matter of fact, supply chains were dedicated on the availability, movement, and cost of physical assets. Today, they’re about the management of data, services and products bundled into solutions, therefore supply chain management affects product and service quality, delivery, costs, customer experience, and profitability.

Since supply chains take advantage of massive amounts of data, IBM reports as “future supply chain leaders and the Enterprise Resource Planning (ERP) systems they manage will likely focus on optimizing the usefulness of this data — analyzing it in real time with minimal latency”.

supply chain management

TDox: a supportive partner for the Supply Chain Management

Speaking of modern supply chain management, the use of low-code technology can really facilitate different activities that regard the supply chain. In this sense, TDox represents a very supportive partner that allows to digitize business processes in low-code mode. With this technology it’s possible to visually build apps in an easy and fast manner, so they’re immediately available. Additionally, anyone can do it, even those who are not professional developers, so in this way these apps are more pertinent because they’re built by people who will directly use them.

According to this, TDox offers specific functionalities, in particular for what concerns the planning of activities and the stock management.

To do so, in TDox you can find the Agenda, a simple tool very helpful to plan and communicate with your workforce. Actually, you can warn your workforce about urgencies, deadlines, or schedule changes or simply about the daily tasks to be performed. In fact, you can create an order on webapp and then this is automatically sent to the operators who receive on their smartphone or tablet the task that has to be performed, so they can get rid of other dispersive communication tools like emails or instant messaging software, because they have all in one single platform.

Add to this, you find Dashboards that help you manage all the activities from your pc, so you can intervene promptly in case of inconvenience. In the dashboards you can see all the information that regards peculiar activities that you need to manage. An example is the building construction sector, where you can manage all the building sites, by checking the working progress of every site. A timely answer will allow you to avoid disruptions which can make you spend more time and money.

Eventually, with the Custom Tables you can add all your information that you need to create your own database, such as customer’s names, products, equipment, part number, serial number, software version, expiration and maintenance dates, and whatever you want to put in. Then, this information can be linked to the agenda and to the dashboards to create orders for your employees.

TDox is your point of reference

All this data comes from your workforce which, thanks to TDox, can collect it simply by using their mobile device. Actually, once you’ve created a specific application, TDox makes it available on different devices, such as smartphones, computers, tablets, barcode driven devices, rugged devices, and also smart glasses. For this reason, TDox is considered a multi-experience development platform (MXDP), because it’s possible to use it on various devices, but it’s also considered as a super app which means a point of reference where you find all the applications you’ve created. We can define it as a repository of apps that avoids you to have a dispersive organization.

As we said, the supply chain management is a fundamental aspect of a company and with the use of low-code it’s possible to make it even easier. TDox allows to build apps with a user-friendly interface and to create digital processes  just with a click.

If you have any questions, do not hesitate to contact us to know more about TDox and what it can do for you. Furthermore, if you are interested in seeing what TDox looks like in action, request a free demo, and discover a new world of opportunities.
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