A supply chain is defined as the chain of business processes that connect businesses, firms, information, and consumers. Studies show that 79% of companies with high-performing supply chains achieve revenue growth significantly greater than that of the average of their industries.
However, monitoring supply chain management can be an extremely complicated process if done manually, with human errors resulting in potentially disastrous results.
Therefore, implementing low-code solutions can help significantly automate and streamline a wide variety of business processes related to supply chain management.
How To Make Supply Chains More Efficient
1) Increase Supply Chain Visibility
Supply chain visibility is defined as your business’s ability to track individual components, raw materials, and products through every stage of the supply chain process. Approximately 62% of companies have limited visibility in their supply chain, while 15% of companies only have effective visibility on production processes.
Therefore, to improve the efficiency of your business’s supply chains, you must promote a high level of efficiency through every stage of the supply chain process. Furthermore, by promoting a high level of supply chain visibility, communication between suppliers, businesses, and end consumers can be significantly improved.
Low-code applications such as Crust can help your business take advantage of data-rich dashboards. They can allow you to track inventory in real-time. As a result, you will be able to can obtain a comprehensive and conclusive overview of your supply chain.
2) Supply Chain Automation
One of the most beneficial methods of making supply chains more efficient is taking advantage of the power of automation. Research shows that 97% of I.T. decision-makers stated that automation is crucial for digital transformation of businesses.
Supply chain automation can help automate tedious, time-consuming supply chain tasks, ensure visibility of operations, ensure that legal and organizational rules and regulations are met, and much more.
3) Effective Project Planning
Developing a highly effective and comprehensive project plan can help significantly improve the efficiency and productivity of your supply chain and ensure that future goals and objectives are being met.
Project planning can help you recognize and develop supply chain capabilities, develop new distribution strategies, establish open communication channels, identify potential risks, take advantage of beneficial opportunities, facilitate accurate and productive decision-making, and much more.
Crust’s low-code platform can help you create robust and high functioning enterprise applications that can help you keep track of existing and upcoming projects.
Crust – Revitalize Your Business’s Supply Chain Management
Crust’s open-source, low-code software solutions can help your business significantly automate and streamline your organization’s overall supply chain management. Crust’s low-code platform is equipped with graphic visualization tools that can provide a holistic and comprehensive 360-degree overview of your business’s overall supply chain, open end-to-end automation workflow engines, and much more.
Try a demo so that your business can take advantage of the various benefits of low-code software solutions to increase the efficiency of your business’s supply chain.