This is the age of technology, and the supply chain sector has seen tremendous changes with the advent of automation. However, the sector still faces a lot of challenges. The Internet industry not only calls for a robust supply chain management to be competitive but has also provide great growth prospects to this section of business firms. It won’t be an exaggeration to say that the supply chain can prove to be the strong backbone of business organizations. Therefore, companies across the world are resorting to this new face of technology – automation to have a robust supply chain management.
The innumerable modern automation tools available in the market can transform supply chain of the organizations worldwide. One such advanced automation tool is Value Creation Automation (VCA) that automates the supply chain processes and ensures that this function is strong enough. It essentially saves time, cost, labor and resources and also plays a key role in building the credibility in to the consumer’s mind.
VCA helps in efficient management, where processes are streamlined and workflow is defined. One single screen establishes a healthy connectivity between the supplier and the customer. Using the VCA’s automated processes, the companies can resolve the problems in supply chain in real time. It keeps inventory, supplier, manufacturer, customer and other stakeholders integrates and leads to a hassle-free workflow.
What Difference Can VCA Make?
VCA automates the supply chain process, which can lead organization to profitability, credibility and success. It saves more time for the workforce and also results in flawless business functioning. Discussed below are some of the VCA perspectives that can make a difference and help companies in yielding optimum result through the automated system.
Makes Supplier’s & Customer’s Accounting System Robust
The advanced power of automation eliminates delay in processes. Unlike the old days, VCA offers a quick response time where both suppliers and customers are instantly informed at every level of the order processing. Right from placing the order to getting it delivered to the customers, VCA ensures establishes an effective and strong communication channel between the suppliers and the consumers.
Reduces the Need to Keep a Large Inventory
When an order is placed, VCA notifies every stakeholder within a defined time. Be it warehouse, manufacturer or the source of raw materials, VCA’s automated processes prevents the inventory shelf from getting empty, which helps business firms in maintaining an enhanced fill rate. There won’t be a need to keep large inventory, which further reduces the need to floor plan. VCA helps companies in keeping diverse products on their shelf in reduced maintenance cost.
Labor & Paper Approach No More Required
Value Creation Automation (VCA) goes beyond the traditionally applied labor and paper approach by various companies, where the inventory count was done manually using the inventory report and a clipboard. VCA keeps record of every movement in the organizations inventory. Automated processes reduce the use of paper and labor to a great extent and thus lead to a robust inventory management in low cost.
Automated Processes Minimize Errors
The word ‘chain’ in the supply chain connects various levels. When tasks are performed manually, the chance of errors increases. In the event where some wrong or inaccurate data is entered into the system, it is carried ahead to other levels of the chain. It can cost time, money and can lead to the waste of other company resources. But Value Creation Automation (VCA) automates processes and eliminates possibility of errors, making the supply chain management accurate and efficient.
Error-Free Information Sharing
Having digitized the supply chain processes, VCA minimizes the need of human intervention. The suppliers need not manually fill the information like contact details, shipping address, customer’s name and more at every different stage. When the order is placed, the purchase order created thereafter consists of all the information, which is shared at every different level.