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ERP for Supply Chain Management

Simplify supply chain management functions with the most advanced ERP software…

ERP for Supply Chain

Sage X3 ERP for Supply Chain Management is a feature-rich ERP Software solution that adds real essence to the complete supply chain management including inventory management, material procurement, end-to-end customer product delivery, and more. The enterprise resource planning software has the potential to coordinate and integrate major flows including information flows, material flows, and financial flows. Make precise execution, control, planning, and monitoring in the supply chain management with Sage X3. 

A Quick Round-up of Supply Chain Management Challenges

Material Shortage

Material Shortage

Increasing Freight Cost

Increasing Freight Cost

Changing Customer Behaviour

Changing Customer Behaviour

Risk Mitigation

Risk Mitigation

Supply Chain Management Challenges Explained

Cost Hike​

Cost Hike

Throughout the supply chain management channel, costs have been increased and profit margins are under sheer pressure. There is a lack of visibility as well as accountability which apparently increases the operational costs. Also, many factors are responsible for this hike in price which includes an increase in fuel price and commodity prices, high labor costs from manufacturers as well as suppliers. 

Some complicated international logistics are shifting towards high charges for quick transfer and storage of product management. Also, commodity prices are on hike due to which the cost of raw materials is increasing. 

Complexities due to Multi-Channels

Customers prefer buying products through multiple channels. As the market expands, supply chain should adapt. Hence, supply chain managers are required to generate variations on functions to address every channel. Also, it has become mandatory for managers to manage multiple supply chains, varied organizations, and third parties. This would ensure a better customer experience irrespective of how the customers are receiving and ordering products. The rising complexities in supply chain owing to multiple channels is a major challenge for the sectors. 

Today, eCommerce websites are selling products to customers directly and hence require local logistics and quick delivery. Also, traditional wholesalers require large storage spaces near metro areas along with precise inventory control. This will make sure that the products are available in ample amounts during supply chain process.

Complexities due to Multi Channels

Risk Factors in Supply Chain

Environmental fluctuations, economic pressures, international complexities, trade-related conflicts directly or indirectly put pressure on the supply chain sector. However, these kinds of pressures can turn into risks as well as issues through networks. And this causes major issues. 

Today, customers, as well as, clients are spread across the globe which needs keen coordination and management. However, creating additional steps to the supply chain produces high complexities for downstream and upstream members.In terms of compliance, regulations, and quality management requires rigid agreements, controls, and contracts which is again a difficult challenge to overcome. To eliminate risks and to manage them efficiently, supply chain management managers are advised to produce contingencies along with mitigation action strategies. 

Volatile Nature

Complexities and volatile nature create problems in supply chain management while also affecting the entire infrastructure. Dealing with these issues promptly is one of the tough challenges for managers prior to developing bottlenecks and more.The increase in the number of internationally sourced goods is causing port congestion. It pressurizes trains, ships, and trucks that require loading, unloading, and more functionalities. 

There are some political situations that are responsible for making tariffs throughout trade routes. It has resulted in additional fees and increased processing time of customs. Moreover, in terms of trucking capacity, there has been a shortage of skilled drivers. Due to the increasing pressure on the drivers, they are finding it less lucrative jobs. And hence, logistics are facing difficulty in attracting or retaining the right persons.   

Volatile Nature
Accountability & Compliance

Accountability & Compliance

Organizations are bound to consider social compliance while doing business across the globe. But, at present, the supply chain sector is facing a number of unethical practices including child labor practices, low wages, and more. With the passing of time, it has become essential to verify supply chain management partners in order to follow the standards. 

Managing risk-related issues is one of the top concerns for managers. The issues include legal issues and brand damage that causes irreparable damage to businesses with respect to profit.

Quality Defects & Language Restrictions

Quality defects are quite hard to manage since there are a lot of differences in accepting the defect stages in different countries. It is necessary to check the quality level along with the ratio of acceptable defects in the coming time. 

Also, various countries conduct daily operations in different languages which is again a challenge in the industry. To resolve these issues, supply chain management businesses should hire professional interpreters having skilled knowledge. This, way the language barriers can be eliminated.

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How will Sage X3 help you Solve the Challenges mentioned above?

Inventory Management

Inventory Management

Easily track and manage the availability of raw materials, spare parts, and stocked goods. Get updated asset management, future inventory, barcode integration, price prediction, and more with this supply chain management feature.

Track Logistics and Shipping

Track Logistics and Shipping

Coordinate appropriately with transportation channels, enhance customer satisfaction, and improve delivery management with an ERP system. The logistics and shipping feature of Sage X3 supply chain management software helps with storage optimization, labor management, laboring, and much more functions.

Precise Forecasting

Precise Forecasting

With the precise forecasting feature of this supply chain management software, you can easily predict customer demands while planning the procurement and production processes accurately. Eradicates the need to buy unnecessary raw materials or to store additional finished products in warehouses. This way, reduce the overall cost of management.

Real-Time KPI

Real-Time KPI

Sage X3 offers team members instant and latest updates on customer orders, inventory levels, and additional key factors. It aids businesses to track and monitor supply chain problems which would help make quick decisions. Moreover, integrating ERP in supply chain management, Sage X3 supply chain management software would offer you the ability to the data in terms of real time KPIs. This helps in checking opportunities and concerns in order to make respective adjustments to processes and get improved results.

Full Automation

Full Automation

Sage X3 enterprise resource planning software offers high-tech automation with which your supply chain business can save a huge amount of time. Your team can work more efficaciously by automating data inputs as well as other business functions while dedicating more to the most crucial tasks of the supply chain business. With the highly integrated supply chain management scm software solution, your business can make software needs simplified while minimizing human errors.

Benefits of Sage X3 ERP for Supply Chain Management Industry

Data Sharing

Data Sharing

Sage X3 ERP software for the supply chain sector joins varied sections including inventory, logistics, and more within your business. In supply chain management sector, it becomes quite important to take urgent actions for some critical data. Also, team managers can interact with their team members flawlessly through this ERP system.

Total Process Flow Transparency

Having better visibility in the process flow is one of the most important selling points for ERP software. Better transparency helps businesses get comprehensive access to all processes in the organization. This apparently makes streamlined completion which helps get accurate tracking and within-time delivery. Also, the UI interface identifies process flows easily.Your business can get minute details with a real-time look at your business operations so that you can track if something wrong is going on or not with this ERP in supply chain.

Enhance Reporting and Planning

Enhance Reporting and Planning

Sage X3 improves planning for the business functions which is the best way to enhance the success graph of the business. It helps make a standard process of reporting at all steps. With the software, your business can fetch insightful data that helps eliminate operational as well as logistics issues in real-time.

Customization for Your Business

Customization for Your Business

Sage X3 ERP software offers customization features as per your business requirements. With it, your business can make the most effective decisions via a customized dashboard platform. Also, you can integrate supply chain management and ERP with which you can solve numerous business-related issues. 

High Security

High Security

Sage X3 delivers stringent data security while maintaining company data in a secure method. With this software, you can easily control the data which is the heart of the ERP concept. You can also give limited access to those who can edit or see the document. Also, it is helpful to managers in assigning duties according to the work structure. This helps secure access to those who wish to edit. An ERP system helps assign and limit the duties according to the company hierarchy while ensuring secured data access. 

Easy Risk management

Easy Risk management

The biggest advantage of having an effective ERP software like Sage X3 in supply chain management is that it allows greater visibility in the business functions. It indicates that leaders as well as managers can predict the risks and can develop risk mitigation strategies.

In critical situations like pandemics, logistics and supply chain management should be able to streamline their functions in a better way and can switch on their operations among global challenges.

How does Supply Chain Management Software increase productivity?

In addition to effective planning, forecasting, and simple collaboration, an ERP proves to be a boon in boosting supply chain efficiency in business disruption. We know that market disruptor are tough to compete in every industry and if one of them hits your business then you should be able to get these changes quickly to complete the job.

Critical issues such as pandemics have shown how essential it is to have proper responsiveness and preparation to stay abreast of the competition. Today, businesses have been focusing on supply chain adaptability, speed, and risk management while not considering cost saving as a major factor. Their goal has been to respond to customers’ requirements through flexible sourcing or connected supply chain networks. 

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