Integrated Supply Chain
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What are the challenges in Integrated Supply Chain?
Handle the complexities: The apparel and footwear industry is dynamic and evolving every day. There are more and more systems used in this industry than any other. It is the complex nature of the work involved that makes it difficult to attain an Integrated Supply Chain system.
Scattered Product Information: As per McKinsey reports, professionals spend 19% of their time searching for resources, documents, and relevant information to do their jobs. Employees use different tools, manually transfer data between them, log in and log out frequently, etc.
Missing Expertise: Companies do not have in-house expertise with multiple technologies and a good understanding of data flows. Best practices of integration and proven methodologies are missing to successfully integrate enterprise systems.
Role of Enterprise Systems: Every software claim to be the best in class for managing all business processes of Apparel and Footwear Companies. In reality, each system has its distinct strengths, and companies have challenges to define the master data and business processes relevant to each software.
Maintenance & Communication: It is often challenging to maintain the developed integrations with the system upgrades, updates, and new requests from the business. Also, communication between teams is a challenge with disjointed systems blocking the data flow and accessibility.
What are the benefits of an Integrated Supply Chain?
Faster Products to Market
A study reveals speed to market is more important than the cost of the product. Enterprise systems like CAD, PLM, ERP, CRM when integrated can deliver products much faster to the market.
More Revenue and increased profit margins
When all the enterprise systems are integrated and operate without flaws, companies keep their revenue stream steady and begin to have higher earnings and profit margins.
Improved Efficiency & Productivity
Enterprise software integration helps users to accomplish more in less time and increases output by focusing on priority and creative tasks.
Better Collaboration
When the enterprise systems are integrated, all of the required enterprise data is available on one chosen platform, creating one version of the truth. Various stakeholders can collaborate in one system in a timely manner to make the right decisions.
What are the value drivers for enterprise integration?
There are certain value drivers for integration:
- Shorter lead times, better throughput time.
- Reduced sampling costs.
- Cost benefits can be passed on to the consumer.
- Reduced re-runs.
- More visibility to all the stakeholders
- Better control of the development process.
- Sustainable approach.
- Improved vendor collaboration.
- Better decision-making.:
- More flexibility for the designers to experiment with different designs/patterns/fabrics etc.
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