One of the most important
functions of supply chain management
software is to help with compliance issues,
such as export controls and restricted
party screening. There are several points in
a supply chain where you need to ensure
that your company is playing by the rules.
Choosing a software that has checks built
into the software to do this automatically
means that it will not get forgotten and reduces the risk of human error. While we’re
talking about functionality, other key functions to seek out are advanced inventory management,
demand planning techniques, and delivery metrics. The larger a role a supply
chain plays in your company, the more likely your customers are going to be interested in
your metrics so they can know they have a good business relationship with you.
Picking the right software
also means it will be able to scale up or
down depending on the size of your company.
Experts warn companies not to get
too bogged down with technology bells
and whistles that make it more difficult
to manage your supply chain. If you don’t
have straightforward, replicable processes
in place, then the complexity that comes
from adding in software with too many advanced features will actually make the situation
chaotic and worse.
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