Those who are able to effectively utilize the latest technology to theirĪdvantage have been able to see the direct results to supportĪs companies grow and spread out across geographies, it is typical for all of the elements of the supply chain to handled by multiple legacy platforms that could include accounting, billing, sales, and supply chain or project management. Having access to the latest technology has proven to be a challenge. Supply chain consultant Bossard suggests the important role that technology can play in making or breaking supply chain success: Supply chain challenges lead to higher costs, production mistakes, and in worst-case scenarios, lost clients and damage to the corporate brand. Supply Chain Management Benefits and Drawbacks of TechnologyĪs far back as 2013, MIT Sloan Management Review was publishing surveys from industry leaders that said the biggest drawback to operational improvement was the increasingly dispersed global supply chain. This article takes a closer look at Microsoft Dynamics GP as a one-stop-shop for improving operational logistics.
There are a lot of options, but few are able to integrate all of the complexities of supply chain under one efficient dashboard. Today, there are technology tools on the market that can help companies streamline everything from back-end supply to order delivery. Without an efficient operational process, from start-up to enterprise, that company is going to struggle and possibly fail. What is the one link in the process of getting that service or product to market that can completely derail corporate growth? The company has a great strategy and a product or service that has potential to be the next big thing.
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