Supply chain management has become a critical problem for several companies due to the modern shopping possibilities provided by
eCommerce. Moreover, all industries have seen significant advancements in information technology, including improvements in
logistics and supply chains. So, IT in supply chain management allows for faster data flow, which leads to improved collaboration.
Information technology aids in the restructuring of the comprehensive distribution system, resulting in improved service levels, decreased inventory, and cheaper supply chain costs. Companies now have unparalleled opportunities to acquire a competitive edge thanks to technological advancements. As a result, IT investment is a must-have for every company hoping to remain profitable in the marketplace.
Thinking about how IT managed services can help the logistics and supply chain industry? Keep scrolling till the end.
Keys to Success for Logistics & Supply chain Industry with IT Managed Services –
- Facilitating better eCommerce
E-mail, electronic financial transactions, better visibility on orders, having the right inventory, forecasting demand, on-time alerts, a well-organised warehouse are the significant benefits of IT Managed Services. - Scanner and Bar Coding
Barcoding is a series of horizontal lines of varying width separated by spaces. These bars are simply pieces of information, and the information is codified and is only accessible with the assistance of a scanner. The name, product specifications, manufacturing date, material content, and other information are inscribed on bar codes.
Additionally, these requirements are necessary for the user’s part of inventory management.Documentation and processing time will get minimised due to barcoding and scanners. Moreover, it boosts the productivity of the logistics system by increasing speed, precision, and dependability. - Interchange of Electronic Data
EDI relates to the capacity and practice of exchanging information between two organisations by electronic means rather than traditional methods such as mail, courier, and fax. The following are some advantages of EDI:
- Information is processed quickly
- Improved client service
- Make the most of your paperwork
- Improved Productivity
- Better Tracing and expediting
- Cost-effectiveness.
- You have a competitive advantage
- Gaining More Control
In supply chain management, Managed IT Services improve transparency and accountability. Having clear visibility into the processes avoids delays and an uninterrupted supply management chain.
Additionally, technology can provide the required visibility to the entire process, and it allows businesses to control product movement and data flows throughout the supply chain. - Optimisation of the Route
Many private transportations and logistics providers benefit from truck navigation, delivery schedules, and fleet management software applications every day, resulting in a decent return on software investments.
This route optimisation has a variety of purposes, including:
- Lower your total mileage to save money on gas
- Maximise delivery efficiency by fully utilising the fleet
- Better driver productivity reduces overtime and agency costs
- Dramatically reduce shipping costs by optimising distribution channels
- Tracking via GPS (Track & Trace)
New and emerging logistics organisations are apprehensive of transport management, believing that it will simply increase costs. This is a typical GPS tracking misperception.
The following are some advantages of using a GPS tracking system:- Tracking the shipment in real-time
- Fuel consumption is lower
- Increased efficiency
- Improving Customer Service.
The time to accelerate your Digital Transformation Journey is today!
The demand for investing in managed IT Services is intense, and it will only get stronger. To gain a competitive edge, rivals will often invest in technology to increase the efficiency of their supply chain operations. And we need to make sure that you lead the league and be ahead of the competition with the best in class IT Managed Services Solutions.
Get in touch with our Managed Services Experts!