The wide range of activities necessary for the planning, control and execution of the life cycle of a product, streamlined and optimized for time and costs, constitutes Supply Chain Management (SCM).
Supply Chain Management software solutions aim to garner competitive advantage through improved customer service, optimised costs, increased revenues, and investments.
In the logistics industry, a typical supply chain would likely be disjointed and siloed, thereby resulting in process redundancies and cost leakages. Having an integrated supply chain could potentially increase flexibility to adjust to client requests, competitors’ actions, and events within the industry. Integrated supply chains also reduce waste and lower costs.
Taking Supply Chain Management a step further is the concept of the digital supply chain. A digital supply chain is focussed on how advanced digital technologies such as Internet of Things (IoT), Blockchain, Machine Learning, Artificial Intelligence and Predictive Analytics can provide impetus to the transformation of traditional supply chains. Said differently, Digital Supply Chain Management is Supply Chain Management powered by digital technologies. These technologies could possibly include:
To explore the possibilities of Kale’s Supply Chain Management software solutions for your business, please reach out to us at firstname.lastname@example.org.