In the modern age, software solutions can and should be integrated into various aspects of your business operations. Certain providers, such as Orases, have made it easy to evaluate your options when it comes to implementing software into each step of the supply chain.
To further enhance your organization and management strategies, create and integrate a personalized software management plan for your company. Are you wondering where to get started? Keep reading to learn why these solutions can be so beneficial to the productivity of your business.
Understanding the Foundational System for Supply Chain Operations
Supply chain management is a complex but necessary part of any business. It manages everything from ordering necessary parts, storing them, and distributing them to the various departments and locations throughout the company. One of the hardest parts of supply chain management is managing warehouses. If managed poorly, warehouses can become black holes that supplies can’t escape.
With the flood of software solutions on the market, one of the easiest ways to solve your warehouse woes is to use a custom warehouse management system. While these systems are primarily designed to manage supplies being stored in the warehouse, many of them can seamlessly integrate additional solutions for every step of the supply chain operation. Whether you need to improve shipping, manufacturing, or transportation, there are options that you can integrate into your warehouse management software to create a comprehensive system.
Consider investing in effective supply chain management systems to enhance your business and find a solution that works for you. There are many benefits to being able to customize your warehouse management systems. Customized systems help you connect useful features, making them more accessible and allowing you to integrate them into everyday processes.
Key Software Solutions to Integrate for Each Step of the Supply Chain
You may run into different issues at each supply chain step. This is why it is important to have a software solution at each step that streamlines the processes and makes it easier to run your business. To help you, here are the primary solutions you can reference:
ERP Software is also known as enterprise resource planning software. It is unique in that it is designed to meet the specific needs of each industry to enhance efficiency, streamline data, and incorporate advanced business processes.
Companies such as Orases offer customizable ERP software to meet your individual needs as a business to improve efficiency. Typical areas for improvement include project management, accounting, orders, and fulfillment. Consolidating data and creating a streamlined business process help each business succeed.
Here are other benefits that typically accompany ERP Software:
- Decrease in Cost
You can decrease your operational costs by opting for a customized ERP software plan. This occurs when business is streamlined, and processing and integrating systems work hand in hand to provide data and fulfill necessary tasks.
You can have direct access to information in real time as it becomes available. The customizable ERP software can generate a variety of real-time reports. This gives you access to information as it comes in to decrease errors that can occur and can also speed up operations.
- Collaboration Opportunities
Departments can begin to work together given the ample access to data and information. Since everyone can access the data, your company can do cross-departmental collaboration more easily since everyone can see the same components simultaneously.
- Data Integrity
Data that has errors or is simply outdated can lead to unnecessary expenses for a company. ERP software can improve the integrity of data, which helps your business and your bottom line.
Order Management Software
Order management software is another type of effective software offered by Orases. This software is designed to help you stay organized no matter what part of a business you run. Also known as OMS, this software assists with processing, tracking, and selling your items.
Typically, this system is used throughout the process of making sales, including selling items, shipping items, tracking items, and alerting customers when the item has been successfully delivered. Therefore, this system is critical for keeping your business on track and your customers happy.
Some benefits of order management software include:
- Increased Tracking Capabilities
One issue that reoccurs for many small businesses lies in tracking their orders. Often this is due to manual errors, such as someone inputting an address incorrectly or an employee forgetting to enter crucial information. Luckily, systems such as order management software can help with these issues. This software successfully tracks your orders from the second they are placed to the second they are delivered.
- Cost Reduction
Another amazing benefit is cost reduction. If you have multiple channels for orders, there is time and cost involved in order fulfillment. To avoid this, consider using OMS to mitigate the stress of these channels, which leaves all of your orders in one place so that you can perform tasks without worrying.
- Stay Notified
One of the biggest pet peeves of consumers and business owners is staying up to date. With multiple sales channels, informing customers about their order status can take time and effort—a solid OMS does it for you.
Saving time and being efficient is helpful for all businesses. However, keeping track of and processing orders is stressful and can add time to the process you do not have. Let OMS track orders so that you can collaborate with your team and save time.
Product Information Management Software
Product information management software helps bundle information about your products in one place. You can then manage and control this directly, giving you more power over your business.
By managing and enriching your product information, you can provide customers with a unique experience across your selling channels. By having a centralized platform, you can manage, change, and control your marketing. Below are some other great benefits to investing in product management software.
- Data Management
Data and information for each product can be controlled and viewed even if the products are being sold on different platforms.
This software is incredibly functional, providing everything you need from one system to access and update information as you please.
Extra features on systems offer added benefits such as location of inventory, destination, and product description for developers, partners, and consumers.
Inventory Management Software
Inventory management software is important for businesses because it provides inventory management solutions to real-time issues. Not only does it provide data and analytics on costs, but it allows companies to match their inventory with the demands of consumers.
Several inventory management software models are available and can help you stay on top of things. The following are some of the most common ways Orases utilizes inventory management software.
This type of inventory management software is located on the cloud. Therefore, it can be accessed from anywhere, making it especially helpful for business owners. It is also the most secure type of inventory management software on the market.
This software is installed on your local server, either at work or in your office headquarters. The only downfall is that the information can only be accessed where the server is.
This software is designed to be used effectively on mobile devices such as a phone. This solution is the most flexible one and is good for businesses that need to be managed on the go.
This software is accessed through a web browser exclusively. It is convenient to access and works well from a laptop or desktop.
The final type of software to consider is hybrid. This solution combines the features of on-premise and cloud-based software, meaning that it can be accessed from anywhere but often features more in-depth tracking.
See how other organizations manage their supply chain deficiencies for greater customer retention with our guide.
Read Our Guide
Yard Management Software
In the simplest terms, yard management software, known as YMS, is a type of software that helps monitor the movement of the trailers at the yard or the dock, wherever they may be stationed. For example, they could be at a facility, distribution center, or warehouse. Regardless, this software allows you to track the trailers to know exactly where your products are.
This helps enhance efficiency by discovering where gaps may be when processing your inventory. Some benefits of YMS include:
- Cost Reduction
When it comes to transporting your materials and inventory, the process can quickly get expensive. Yard management software helps determine where there are lapses in efficiency since any lapse can cost you money and time.
You will also want to have full visibility into the performance of your supply chain. One area that often needs more visibility is the process of carrying the inventory from one point to another. Getting a YMS means you can better track your inventory and analyze times, carrier choices, and unloading procedures.
Keeping your inventory safe is important. You want to eliminate any lost, stolen, or broken inventory because that costs you money. YMS can help you track your inventory so you can constantly keep an eye on it.
Transportation Management Software
Transportation management software is also known as TMS. This platform utilizes technology to help you run your business regarding the actual movement of your inventory, which includes as it comes in and after it is sold. So whether it is a small shipment, return, or huge order, a TMS solution has you covered.
This system gives you direct visibility into how transportation is going daily, making it easier for businesses and managers to optimize their transport operations and ensure their inventory gets where it needs to be. Some benefits of this system include:
- Reduced Cost
As a business owner, you are always looking for ways to cut costs, and this can be beneficial. By investing in a TMS solution, you can track your products and goods, which allows you to see where there may be time lapses throughout shipping.
Yes, you can simplify the process of buying and selling goods. For example, if you notice that some carriers are taking your inventory out of the way before delivery, it may add time to the process. TMS allows you to make adjustments accordingly.
Custom Software Consultation for Your Project
Now that you have seen all the benefits of each type of software and what they are designed to do, it’s time for you to start putting together your custom software plan. Consider reaching out to Orases, the leading experts in the software field.
To get started, contact a representative. They’ll begin the process for you to find the perfect custom software solution for your company.