The Technology Powering Your Digital Supply Chain
Saying competition is tight, no matter what industry you belong to, is the understatement of the century. Our interconnected world and supply chains have become so complicated that the traditional way of doing business is obsolete. Digital integration in the supply chain doesn’t just allow us to keep up with the complexity of our modern world — it allows us to uncover unique insights, respond rapidly to unexpected issues, and create more efficient systems.
At LynnCo, we take the integration of technology in your supply chain management strategy seriously. Jumping on the tech bandwagon without understanding how your company will adjust to the technology and your new strategy is a one-way ticket to digital transition failure.
How we fill in the gaps
Whenever you’re preparing to make a major change to business processes, establishing a baseline is essential to success. After all, the best way to show success is to show how far you’ve come. To prepare you for a digital transformation, LynnCo performs a gap analysis.
When we talk about gaps, we mean areas in your current process that are holding your supply chain back. To find these areas, we document all your current processes and system transactions. We then interview primary stakeholders in your company to determine the processes that are the most frustrating or cumbersome. Once the documentation is established, we try to uncover the reasoning behind these particularly painful processes and identify ways to ease their burden without losing compliance or efficiency. From there, we build a plan based on years of supply chain experience to help smooth out these processes.
The cutting edge of supply chain technology
When it comes to managing all the data and communications across your supply chain, moving to a single, scalable platform is the best option. SuiteEdge eliminates the need for multiple tools by putting everything you need to manage your supply chain in one space. Your suppliers, carriers, and customers all have dashboards to ensure that everyone is on the same page, plus the platform integrates with your own in-house operating systems with SuiteExchange. It also reduces strain on your team by making information easily accessible to anyone who has access to the system.
In addition to connecting directly with your proprietary systems, SuiteEdge also integrates with FourKites. FourKites offers end-to-end, real-time supply chain visibility, no matter how many miles are between the manufacturing facility and the final destination. Their technology allows you to notify customers in advance of delivery time changes and helps you adjust routes based on weather and traffic.
LynnCo also offers a unique supplier accountability program. Our team works directly with your suppliers to train them with our accountability software tool — integrated into SuiteEdge — which allows both the supplier and your company to address potential problems, overages, or shortages with vendors and customers. This tool creates an easy-to-use communication system between you and your vendors, so no one gets blindsided by an unexpected early shipment or a sudden stock shortage.
Digitization needs a strategy
Integrating new technology into your supply chain can be a tumultuous time for your team and your partners. That’s why we’re always looking for ways to connect you to the strategy that best fits your business. While costs are a main concern when implementing new tools, the cheapest option is typically not the most beneficial. Transforming your supply chain to keep up with the digital revolution will be much more effective if you invest in quality products.
Breaking away from old strategies is another important aspect of your digital supply chain transition. Customers are beginning to expect cloud applications that allow them to instantly access data. That means leaving behind the idea of using multiple client servers or continuing to follow your traditional processes — even if these approaches have worked for you in the past. Make the most of this transition by using it to streamline your processes, even if you need to retrain current staff or hire new team members with different skills.
[cta]Whether you want a gap analysis of your supply chain or want to learn more about our supplier accountability program, our experts are ready to get started. Contact us today to start building a better supply chain.[/cta]
