Supply Chain Council of European Union | Scceu.org
News

Why You Should Upgrade Your MRO Supply Chain with Real-Time Systems Integration

Date/Time
Thursday, June 11, 2020 2:00PM

Moderator
Bob Trebilcock, Editorial Director, Supply Chain Management Review

Panelists
David Kaufman, Chief Information Officer, Synovos
Stanley Perli, Senior Director, Enterprise Business Applications, Synovos

Systems Integration in the MRO supply chain space is essential for businesses to collaborate and work effectively with their trading partners. It is also critical, in this age, to provide a customer experience that contributes towards boosting retention and maximizing revenue and profit potential.

Businesses that have not invested enough into implementing comprehensive systems integration with trading partners have fallen short in meeting customer expectations. Those businesses then struggle to differentiate themselves from their competitors.

The scope of systems integration can vary from exchanging a batch file once a day (that could include inventory balance or pricing information) to exchanging volumes of data electronically 24×7 in real time to track various aspects of the supply chain from demand generation to purchasing, to receiving, to inventory management, and all the way to invoicing, reconciliation, and payments/credits.

Among the takeaways:

  • How does systems integration contribute to providing a notable customer experience in the MRO supply chain?
  • What are the long-term consequences of NOT having systems integration with your trading partners? (Non-optimal business processes, high costs involved with manual labor, errors from manual data entry and subsequent re-work in resolving the errors)
  • What are some best practices in designing and implementing systems integration to optimize business processes and ensure a successful outcome?


Subscribe to Supply Chain Management Review Magazine!

Subscribe today. Don’t Miss Out!
Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!


Related posts

Retail Business Services Partners with ADUSA Supply Chain

scceu

Worst of panic buying over, says supply chain expert

scceu

Ubiquiti Registers 7% Revenue Decline In Q4 As The Pandemic, Supply Chain Crisis Weighed On Its Business – Benzinga

scceu