3 Important Ways Cloud ERP Helps You Improve Supply Chain PerformanceCloud ERP Manufacturing
Market dynamics force you to meet delivery and cost targets while collaborating more closely than ever before. Without visibility of your supply chain, it’s difficult to drive down the cost of operations and reduce your time-to-market. Manufacturing cloud ERP with supply chain planning (SCP) and management gives you greater visibility, agility, and collaboration since your supply chain operations are accurate and responsive.
Here are three important ways manufacturing cloud ERP helps you improve supply chain performance:
1. Holistic Planning
Translate your business strategy into operational directives to meet customer service levels, estimated market potential, and forecasted future demand with sales and operations planning (S&OP)—all in one unified system. A system that lets you balance growth, costs, inventory, and production by providing a single source of truth across your supply chain. With multi-channel distribution requirements planning (DRP), you can optimize your master production schedule (MPS) across your entire operation. This allows you to make more informed decisions about what to produce, how much to produce, when to produce, and set realistic expectations with customers.
2. Supply Chain Collaboration
Manufacturing cloud ERP and an integrated supply chain management solution can increase supply chain transparency so you can build trust with your customers and suppliers alike. A self-service portal enables customers and suppliers to check order status, input quality specifications, submit quotes, review status of materials, and more. Real-time EDI communication gives your supply chain instant and flexible exchanges of business transactions. You can also ensure supplier quality and compliance with supplier performance tracking with an ERP system that delivers an end-to-end transparency of your supply chain.
3. Time to Market
By relying on proven and automated supply chain processes that scale globally, connecting people, locations, suppliers, subcontractors, and customers, you can improve your time to market. When everyone in the supply chain has relevant and actionable information, you can respond more quickly and nimbly to changes in the supply chain.
Using a combination of manual processes and disjointed software applications is not the optimum way to boost supply chain performance. Only by integrating these processes into a comprehensive supply chain planning and management strategy can you effectively accelerate supply chain performance. This strategy—accessible to everyone in your supply chain via the cloud—then becomes your roadmap to continually improve customer service levels.
Learn more by downloading the white paper: Why Supply Chain Integration and Visibility is the Future for Manufacturers.