Effective supply chain management includes searching the ideal balance between being able to sustain production levels and simultaneously keep inventory levels maintained. There are several aspects to supply chain management, but a quick response can be the most significant.
More than 30% of the time in the supply chain is wasted in waiting for the next step to take place. Quantifying waiting time and what it costs in terms of lead time is critical in figuring out how to efficiently integrate the supply chain. BlueKaktus module helps in reducing the wait time, providing speed to market.
Below are some factors that explain why speed is important in supply chain management-:
Fashion trends change very quickly. Speed to market with changing trends is the key. Therefore, we need to maintain pace with the fast-moving world by supplying the latest trends to market at the earliest.
Raw Materials Availability
Efficient supply chain administration starts with retaining enough raw materials and supplies on hand to maintain constant production. It's crucial to act fast and anticipate when supplies are about to run short so that orders can be placed in time.
Keeping Customers Happy
Keeping customers satisfied, who give continuous orders are critical for any business. Also, the quicker you deliver, the faster you get the payments. BlueKaktus helps you to achieve 100% order fulfilment in time through the pro-activeness built in the tool.
Maintaining inventory levels is a significant part of supply chain management. Inventory levels must never fall so short that it leads to difficulty in filling orders. On the other hand, too much inventory can be a sign of lower demand and can lead to the stockpiling of finished products with nowhere to go. This leads to product discounting that is often used to spur sales and reduce inventory.
How BlueKaktus Helps in Speeding up the Process of Supply Chain Management?
Lead Time Compressor
BlueKaktus apparel management software not only benefits you by significantly reducing your overall lead time but also enables you to micromanage all orders through a single platform.
BlueKaktus' intelligent software assists in decision making, thereby enabling close to accurate postponement strategy and hence optimizing inventory.
Merchandiser Productivity Enhancer
With everything digitized, all processes are automated ensuring a personalized control system. BlueKaktus software for the textile industry guarantees Merchandiser Productivity to go as high as 100%.
BlueKaktus fashion software presents tools that can assist in decreasing the amount of wastage.
The software can help increase OTIF significantly through certain tools & techniques.
Real-Time Order Tracking
The software offers shipping and order administration through fully automated order lifecycle management and on-time shipment through order tracking.
Optimized Inventory Management
Automatic Inventory Management System helps keep storage costs low and service rates high.
Product Lifecycle Management
Our system tracks the entire product lifecycle through the integrated supply-chain management system.
Accurate Financial Data
Reduce operating costs and increase revenue by eliminating discrepancies caused by unreliable financial data.
Seamless communication between different departments, therefore there is no delay in any process.
The software also helps in improved understanding of sales information and quicker reaction.
Due to skewed margins, fashion companies are fighting for every production rupee which can be saved. This results in a reluctance to invest in new technology, but manufacturers and fashion companies need to investigate and understand the additional value that the advanced technologies can deliver.