How Supply Chain Management Can Help Your B2B Company
Issues facing B2B SCM and solutions to solve those issues
Supply Chain Management
Supply chain management (SCM) refers to the handling of all operations that relate to building a product and getting it to the right customer. The purpose of a supply chain is to get goods produced and distributed as quickly and efficiently as possible. The supply chain can include, for example, designing, planning, manufacturing, storing, and distributing. Some companies are able to own every stage of their supply chain, but most supply chains are made up of a collection of companies—suppliers, manufacturers and distributors to name a few—that are each responsible for completing certain processes in the chain.
Challenges and Advantages of B2B Supply Chain Management
Supply chain management can be complex, particularly for B2B businesses who may not own the entire supply chain. When multiple companies are involved in the supply chain, everyone needs to be on the same page and have the same information, which can be quite the challenge in itself. A miscommunication at even one point in the supply chain can slow the entire process.
B2B and B2C both have quite a few of the same issues when it comes to supply chain management. However, B2B SCM does face some unique challenges. B2B usually has to work under tighter deadlines. While the consumer in B2C may want their product as soon as possible, the business in B2B needs the product by a specific time and day.
In many ways, however, the Internet has made SCM much easier for B2B businesses. Companies have access to a wider range of suppliers, enabling partnerships that may not have been available previously. The Internet also allows B2B eCommerce companies to use information available online to compare prices for different members of their supply chain, allowing them to reduce operating costs. And with ERP software, eCommerce companies can have quick access to information on all parts of the supply chain.
ERP Software Integration and Supply Chain Management
By using software integration, B2B companies can combat SCM challenges and take advantage of online SCM benefits. Integrating your supply chain management system with your ERP software enables up-to-date data, allowing you to make the right decisions. Integrated eCommerce also allows you to automate processes such as shipping integration and order tracking, ensuring that important information and details won’t be forgotten. This information can be shared with the rest of the supply chain to ensure that everyone has the same understanding. Consistent information also helps ensure that schedules are kept to deliver to the customer in a timely manner. Automating processes can reduce your company’s operating costs and save time. Integrating your ERP with your SCM system benefits you, the entire supply chain, and your customers.
Clarity Can Help
For nearly a decade, our team at Clarity has helped clients integrate their supply chain management systems with their software. Using our integration platform, Clarity Connect, our custom integrations have helped our clients save valuable time and resources. To find out more about how Clarity can help your company improve its supply chain management processes, call or click to contact us today!