Top 4 Features of SCM System to Elevate Businesses

By Pratik Narula, Partner & Managing Director, PeoplePlus Software, Inc. 12 Comments

Businesses today are constantly seeking ways to improve their operations and increase overall profits. Many businesses have explored the possibility of implementing an automated supply chain management system to streamline their processes and cut back on waste while also increasing productivity and reducing costs. PPS’s automated supply chain services can certainly make a company’s life easier by reducing day-to-day time-consuming manual work, in areas such as inventory management, procurement, warehouse management, order tracking and more.

To know about the features of SCM better, let’s discuss them one by one:

Robust functionality, automated SCM

One of the main features of an automated supply chain management system is monitoring all aspects of the entire process precisely. Because these systems often perform automated functions, they need to examine all business aspects precisely.

This includes inspecting every product’s status, examining the condition of individual products as they are being delivered, analyzing the speed of product movement, and analyzing the packaging of products that will be received and handled. Also, because some automated supply chain management systems can give recommendations for improving efficiency and reducing waste, employees are less likely to be confused or distracted during any part of the day.

Real-time data capture and alerts

Another integral feature offered by SCM solutions is the ability to provide accurate predictions and forecasts by studying previous product history data, such as the sales trends for a given product, product category, customer groups, seasonality and more.These predictions can be extremely useful for companies that have hundreds of transactions per day or per week.

Along with sales, it also is crucial for both manufacturers and distributors to effectively capture and manage their cost of goods sold, automate customer or product pricing, and post the married ledgers to accounting. PPS’s iM3 SCM system works with your accounting and billing team to understand your financial mapping and automate the chart of accounts directly from the system, so that your day-to-day accounting and balances are posted correctly in real-time.

Increased Productivity

Managing the workforce inside a warehouse requires effective leadership, stringent regulation, and human care. High-yielding individuals are difficult to find, easier to train, and extremely strenuous to keep. As a business if you’re not constantly exploring technology to help streamline processes and eventually make their lives easier this will have a direct impact on the bottom line.

With the right technology in place, you can automate the likes of mobile-computer barcode scanners to track and manage inventory levels in real-time. This will immensely help when it comes to providing a true inventory count and valuation, ordering and replenishing stock on time, prioritizing customer orders and demand, and shipping it out the door quickly.

As per QuickBooks Commerce (Tradegecko, Using Supply Chain Automation to Overcome Operational Challenges)

“Automation is a game-changer in supply chain management. In the digital age, businesses need to optimize their workflows to maintain a competitive edge, and supply chain automation enables you to do just that.”

These are just a few of the main features of an automated supply chain management system. Numerous other features can be experienced when someone opts for a customized SCM system offered by PPS’s iM3 SCM system. By looking at each of these features, you can see that they can be extremely valuable to almost every business type. That’s why PPS ensures to introduce flawlessness and perfection while delivering any of the automated services to its clients.