Breaking the speed barrier
Speed of fulfilment was identified as a top challenge for 40% of the companies that responded to a Supply Chain Management Survey carried out for Access.
Speed of fulfilment was identified as a top challenge for 40% of the companies that responded to a Supply Chain Management Survey carried out for Access.
The latest survey carried out for Access by Redshift Research, which examines the challenges for Business Intelligence and Financial systems, found that one in five finance managers experience problems with: holding more stock than necessary; wastage and returns; lack of visibility of true costs; and lack of understanding of distribution costs.
According to Access Group research, only a third of companies in manufacturing supply chains use either ERP systems or dedicated SCM solutions to manage their supply chains. Some 28% use standard accounting software, perhaps with ‘bolt-on’ modules and almost half are to some extent reliant on nothing more sophisticated than spreadsheets to control this complex activity.
To help companies deal with event-related retail ‘spikes’ such as Black Friday, Access Group has published a white paper – ‘Let technology tame your Black Friday beast’.
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