How can SAP aid workflow and supply chain inefficiencies?Publish Date: March 11, 2022
When global supply chains operate smoothly, our lives run smoothly. We rarely hear about them. However, when there is a shortfall in the availability of goods ranging from medical items to semiconductors to toilet paper, we start searching for that someone or something to blame for these shortages. Supply chains are usually the target of everyone’s ire.
The most recent example is the one witnessed during the second wave of the COVID-19 pandemic in India, where there was a shortage of critical medicines and oxygen concentrators. These shortages affected patients, hospitals, and companies across the country. The impact of supply chain inefficiency is felt when our lives go haywire. The most recent supply chain issues have forced businesses to rethink their supply chain models to make them more efficient.
When distributors try to scale up operations to fulfill customer orders with suppliers, it can often lead to supply chain issues. For example, if a company is dealing with multiple backorders, a slow fulfillment rate, and poor customer service, they will begin to witness a decrease in orders while customers look for alternative competitors to satisfy their needs. So, what can be done?
For a company to maximize its profits, the flow of goods must be quick and accurate, and a well-functioning supply chain can make that happen. So, how can your supply chain overcome any inefficiencies?
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