by Thomas Strain
Historically, supply chain technology has focused on strengthening commercial connections through the Order-to-Pay process, primarily using ERP.
Today, we know supply chain success is based on technology delivering part and product visibility, location, and transaction accuracy.
However, much of the technology in use today isn’t performing well enough to keep up with dynamic and complex supply chains.
Many supply chain professionals still leverage Excel to manage supply chain complexities, but the use of Excel as a supply chain management tool just adds more complexity.
According to a McKinsey & Company article, 73% of respondents still use spreadsheets as the top method for supply-chain planning.
Using a spreadsheet to try and document key supply chain activities may satisfy the need to do “something” but does not provide the accuracy or automation to drive supply chain improvements, drive value, or create a competitive advantage.
Well, why not? Excel has data limitations. Even worse, it requires manual input and maintenance and that can lead to human error.
High production and associated transactional volumes in supply chains make it impossible to utilize spreadsheets to manage and only adds confusion. Data must be collected in an automated and accurate fashion to drive sustainable change.
For Surgere, delivering visibility and location translates to the certainty of 99.9% accuracy.
Without it, the supply chain remains an antiquated act of phone calls and spreadsheets.
For more information on modernizing your supply chain, visit www.surgere.com.
See this article and more on our LinkedIn page.
Thomas Strain, Director of Technology