Perficient

A supply chain is a vast business that involves the supply of products to warehouses, plants, customers or stores. The supply chain business also deals in the transformation of raw materials to finished products and later delivering them to end customers. Thus, a supply chain is basically a linkage between suppliers and companies. A product passes through a series of stages to reach the customer and a supply chain is all about the stages and the process. In order to manage the tactical administration of materials and their movement from their source to the destination a Supply chain management software is designed. Supply chain management software is the perfect way to automate all the processes. It manages, controls and also audits every step involved in the supply chain. With its numerous features, it helps the growth, boosts efficiency and saves overall expenses. Features: • Inventory optimization: It helps to keep the required amount of goods and resources in the inventory. Also, it manages fluctuations, demands, and schedules restocking according to the demand. Moreover, it provides tracking of items with the help of barcodes and serial numbers. • Warehouse management: The supply chain management system is also used for tracking goods, stock picking, managing warehouses, shelving, shipping and receiving warehouse items. • Demand forecasting: This feature manages the fluctuations in supply and demand. It forecasts the future demands and notifies the managers about the situation. • Procurement: It manages and automates your purchases, payment receipts, log expenses in order to create a clear trail of the audit. • Order managing Supply chain management essentially depends on order processing. This feature allows users to process and manage orders with great ease. • Transportation management Transportation is a major part of the supply chain business. In order to move goods from one place to another management of transport is very necessary yet extremely difficult. So supply chain management software helps to take care of shipments, addresses of every stop, timings of schedules, and other details. • Easy auditing This eases the process of inspection of suppliers. It also makes the business transparent. • Scalable Nature The system can be used for any kind and size of business • Fully integrated system All the solutions smoothly work together in a single interface allowing mobility and flexibility. Plus points Supply chain management software offers: • Easily overcomes the uncertainties related to production, supply, and demand • Helps achieve operational efficiency which later increases profitability • Provides your business with productivity and throughput • Saves your business from losing customers and also sales • Automates your maximum activities • Centralizes all the information regarding inventory, warehouse, orders or other processes • Provides real-time visibility • Prevents false or unauthorized distribution because of instant alerts and notifications also • Allows you to study sales patterns and also make smart decisions • Eases transportation and order delivery Inventory Management software Inventory management stands for upholding the perfect balance of goods and materials in stock and taking care of related operations. The complex tasks of inventory are taken care of by the Inventory management software. Hence, it introduces you to a specialized system that uses numerous ways to effectively manage your inventory. Inventory management software offers you much more than just product tracking of your inventory. Ways to take care of your inventory management: Following are some features offered by the manufacturers of the inventory management software: • Multi-location inventory tracking • Barcoding of every product • Quality control • optimization and also performance analysis of inventory • Reporting in Real-time • transport planning and management • logistics analytics • better utilization of inventory capacity • No delays in production also • Improved customer satisfaction • Demand forecasting and sensing • Resource planning • product forecasting • The automated and fast delivery system • Accurate and fast Response feature • Tracking of consumables • The lot and code tracking Comforts inventory management software brings you: • Makes business processes easy • Speeds up the workflow • Makes inventory operations accurate and precise also • Requires less time to integrate with the system • Also lets you react quickly in case of unexpected situations • Helps make informed decisions • Fulfils customer needs in the shortest time • inspecting everything removes the chance of error and also loss • Maintains high-quality standards also • Reduces the demand for inventory storage wastage • Eliminates the faults in delivering process also