How to Streamline Operations with SCM Software
A strong supply chain management strategy prioritizes real-time tracking, shipping, and delivery updates. It means understanding your inventory as it relates to the needs of your customers, and using past data to deliver accurate predictions about future orders.
Currently, 84% of companies say that they’ve used past customer data to influence their supply chain process.
However, the truth is that no two company’s supply chain management processes look identical. So why use standardized software when a customizable option is available to you? Furthermore, creating a new SCM software allows you to examine your current supply chain management and inventory practices on a deeper level.
Together with our expert software developers, you can create innovative SCM software that improves nearly every aspect of your business. Benefit from machine learning and get ahead of the next big thing in SCM trends before your competitors do.
Read on to learn more about how -- and why -- it works.
What is Custom SCM Software?
Before we get into the benefits of custom SCM software, let’s first ensure that you understand what it is.
In a nutshell, this refers to the design and implementation of software that’s designed to streamline, improve, and even automate your SCM and inventory strategy. The goal is for you to be able to lower your overall operating costs, avoid having to hire your own software developers, and even identify potential problems in your overall supply chain.
The software is designed to help you get a more accurate understanding of buying and inventory trends. It will assist you with delivery/transportation management, help you to create standardized inventory reports, and even help you to use capacity more efficiently within your warehouse.
And because you have the ability to customize your software, you can create something that’s specific to the unique needs of your business. You’ll also get access to real-time insights about your productivity, so that you can pinpoint exactly what’s working and what isn’t when it comes to your day-to-day warehouse operations.
Why SCM Software is Essential
Now, let’s quickly discuss some of the ways in which investing in SCM software can improve not just your supply chain management, but every aspect of your business.
First of all, it allows you to get a much more streamlined and organized view of your inventory, your shipping and delivery schedules, and your incoming and outgoing orders. Especially if you’re juggling multiple warehouses, it can often feel impossible to get a bird’s eye view of everything at once.
SCM software makes it possible.
You’ll also finally have access to more accurate reporting. This means more on-time deliveries, less over-ordering on products you don’t need, and better relationships with your clients and vendors. You’ll even be able to get a more accurate understanding of your risk tolerance. This is especially valuable for companies that are in an expansion phase.
Before you open up another warehouse, enter a partnership with a new vendor, or even start selling new products, use data collected from SCM software to make sure that it’s truly the right choice.
A Word About Automation
The era of manual data entry -- and the countless and costly errors it so often brings -- is finally coming to an end.
One of the biggest reasons why so many companies are taking customized SCM software seriously is because of the automation options it has to offer. What if, the moment you were low on specific products, you could automatically place an order to replenish your supply?
This could mean that your customers wouldn’t have to wait for a product to come back in stock, that your vendors could better anticipate your needs, and even that you could get a more accurate look at your overall spending habits and budget.
Automation makes everything easier, more accurate, and more efficient.
Mobile App Development
In addition to custom SCM software, you should also look into mobile app solutions.
This ensures that every member of your team -- including your delivery drivers -- is on the same page and receiving the same real-time updates. Never wonder where your goods are and when they’re set to arrive at their destination.
No matter where you are, whether it’s an in-person meeting with a client ready to place an order or on the road to meet with a supplier, you can provide everyone on your team with the most accurate information possible.
Plus, mobile apps make it easy for your warehouse workers to update orders accurately and immediately. In short? It’s something that everyone benefits from.
Scalability and SCM Software
Why should you pay for services that you don’t yet need -- or feel like your SCM software can’t grow and evolve with the needs of your business?
Always make sure you stay on the lookout for SCM software that offers scalable solutions. The same goes for finding software that’s compatible with a variety of different buying and selling platforms and programs.
Your software should adapt to the needs of your business -- and not the other way around.
Let Us Handle Your Custom SCM Software Needs
At Seldat, we provide you with exclusive access to the top software developers in the industry. Our team will see you through every part of the process, from the initial software prototyping stage to putting it into practice in your warehouse.
We make the process as efficient as possible from start to finish.
We’ll assist with testing, onboarding/training, and everything in between. Now, you’ll no longer have to worry about hiring your own in-house software development team. This means that you can save on the costs of benefits, taxes, staff salaries, and countless other expenses.
Ready to get the results your company deserves? Reach out to us today to get started.