There are a lot of ways that technology can improve your company’s efficiency, production planning and capacity. With today’s software, it is possible to know exactly where a delivery truck is or to anticipate your customer’s orders based on their past transactions. Consider these three ways in which new software could make your business more efficient as soon as you start using it.
Improve Production Planning
Modern software includes algorithms that facilitate production planning. Perhaps you have had to make guesses in the past about when to ramp up production and how much of what to make. Those guesses may have resulted in excess inventory or unnecessary overtime for your workers. This could cost you a lot of money. Using software to plan your production strategy could reduce unnecessary costs.
Follow the Supply Chain
Software also makes it easier for you to follow the supply chain. In all industries, managing your supply chain helps you save time and money. You can adjust staffing levels, work specific hours or ramp up your production speed based on when the necessary supplies will arrive at your location. If you find out that a critical delivery will be a day late, then you can make adjustments as needed in order to mitigate possible lost revenue.
Track Shipments
Integrated planning software also allows you to track the shipments that leave your production facility. If customers inquire about where their order is or when it will arrive at their facility, you can quickly look it up. You can even set up the software so that your clients can track their shipments in real time. This could reduce the amount of calls or emails that you get. When you spend less time answering routine questions, you can be more productive.
