BANGALORE, INDIA: Supply Chain Visibility is the traceability of goods as they move through the supply chain to ensure availability of the right product, in the right quantity, at the right time, in the right place.
The Supply Chain Visibility process essentially sums up as the collection of distributed data across various stages, making this information mobile so it can be transferred and consolidated in a sensible manner for display and usage.
Benefits of Tally.ERP 9's Supply Chain Visibility solutions:
WHY DOES A BUSINESS NEED ‘VISIBILITY'?
BUSINESS BENEFITS
Precise stock management and reduced inventory costs
Avoid overstocking or under stocking,
Visibility of inventory levels of channel partners,
Decreased inventory holding cost.
Improved fulfilment cycle time
Decreased investment in finished goods and WIP inventory,
Enables new market opportunities,
Enhanced customer loyalty.
More accurate sales forecasts
Accurate, timely and relevant data on historical sales figures,
Helps strategizing production and distribution.
Ability to manage the unexpected
Crisis management,
Monitor moment-to-moment activities,
Deliver change in process with ease.
Internal collaboration v/s data isolation
Collaboration of information present in the ecosystem,
Avoid unnecessary costs.
Optimized Supply Chain through better delivery performance
Reduced logistics costs,
More control.
Capacity Utilization Shape future demand,
Better utilization of resources.
Resultant Impacts:
-Enhanced decision-making
-Improved forecasts
-Increased adherence to delivery schedules
-Right goods available at the right time
Source: www.tallysolutions.com