Manufacturing and supply chain
management are complex processes that require careful planning, monitoring, and execution. Without
the right tools in place, it can be challenging to keep up with the demands of
these industries.
The global supply chain market size value is $15.85 billion
That's why on-premises project management software is crucial for manufacturers and supply chain managers.
In this blog post, we'll explore why this project management software application is essential for success and how it can help companies achieve their goals more efficiently.
So read on to discover how
on-premises project management software can take your operations to the next
level!
What is On-Premises Project Management Software?
On-premises project management software is a system that is installed and operated from within an organization’s own premises, rather than being hosted by a third-party.
It is crucial for manufacturers and supply chain management to have on-premises applications because it allows for greater control over data security, privacy, and compliance.
With on-premises project management software, manufacturers and supply chain managers can be confident that their data is safe and secure. They can also customize the software to fit their specific needs and requirements.
Only 6% of companies report full visibility on their supply chain. 69%
of companies do not have total visibility.
Source: Polaris Market Research Analysis
Top 7 Benefits of Using On-Premises Project Management Software for Manufacturers and Supply Chain Management
There are many benefits of using on-premises project management software for manufacturers and supply chain management.
- One of the most important benefits is that it provides visibility into the entire manufacturing process, from raw materials to finished products. Facilitates managing complex relationships between suppliers, manufacturers, distributors, and customers.
- It enables manufacturers and supply chain managers to collaborate more effectively.
- By sharing information and coordinating activities among all members of the manufacturing team it helps streamline operations and improve efficiency.
- It includes powerful tools for analyzing data and tracking KPIs, which can help manufacturers and supply chain managers identify problems early and prevent them from becoming a cost-intensive issue.
- On-premises project management software helps in supply chain visibility by providing a central platform for manufacturers and supply chain managers to track and manage projects.
- Manufacturers and supply chain managers can have a clear view of the entire manufacturing process and identify areas where improvements can be made.
- It can help manufacturers and supply chain managers to optimize their production schedules and reduce costs.
57% of companies believe that supply chain management gives them a
competitive edge.
Source: Slideteam.net
Top 3 Challenges of Implementing On-Premises Project Management Software
There are a few challenges that can come with implementing on-premises project management software for manufacturers and supply chain management.
- It can be difficult to bring all employees on board, especially if they are used to a different system.
- Another challenge is that on-premises project management software can be expensive to maintain and upgrade.
- If any issues pops-up with the software, manufacturers and supply chain managers may have to rely on the software vendor for support, which can be time-consuming.
On average, U.S. retail operations have a supply chain accuracy of only 63%.
Source: grandviewresearch.com
Top 7 Supply Chain Management Activities to Manage in an On-Premise Project Management Solution
- Inventory management: This feature enables supply chain managers to maintain the availability of stock and raw materials and its quantity in the facility. It can also be used to predict the future availability of stock and determine the inflow and outflow of inventory.
- Warehouse management: This feature in the app enables management of all activities in the physical warehouse such as goods availability and analysis of storage space and labour.
- Customer requirement process: It enables managing the requirements from the customers and oversees the operation involved in fulfilling the customer requirements such as arrival of raw materials, delivery processing of the final product.
- Logistics: On-premise supply chain management software enables field workers to send real-time updates on the transit and arrival details of the items.
- Returns management: It monitors the tracking and management of returns of damaged goods as well as oversee the processes involved in fulfilling the return process and initiate insurance claims when needed.
- Sourcing and supplier management: This feature enables identifying the viable suppliers in the market and promoting good vendor relationships by working with them efficiently.
- Analytics: The analytics features enables managers to derive various insights on their supply chain processes and analyses problems in finding the causes as well as provide suggestions for risk management.
The Global Logistics Automation Market has the highest CAGR of any
supply chain market, at a predicted rate of 12.4%.
There are a few things to keep in mind when choosing an on premise project management solution for your manufacturing business:
- Ensure that the software is compatible with your existing systems, so that you don't have to invest in new hardware or go through an elaboration integration process.
- Keep software scalability in mind as your business grows you will need a system that can accommodate additional users and more projects.
- Choose a solution that has robust project management features such as task tracking, task scheduling, resource allocation, Gantt charts and reporting tools.
- Ensure that the software is easy to use as you want your team to adapt to the software faster. The software features and user interface should be intuitive and use-friendly so that team members can on-board without investing much time in training
- The project management software you choose should have rock-solid customer support so that if something goes wrong you can reach out to them and get assistance and fixes at the earliest.
Conclusion
On-premises project management software is essential for manufacturers and supply chain management.
It facilitates them to control their processes more efficiently which thereby reduces costs and risks associated with the production process.
It also offers insights into the real-time data that can be used to make informed decisions faster.
With all these advantages, an on-premise project management software is a must have for manufacturing and supply-chain management organizations who are looking to improve their efficiency in operations.
Orangescrum is a leading project management software designed for manufacturing and supply-chain management businesses who want to plan, manage and track all of their supply-chain management operations from a single platform and want to boost their sales along with productivity.
Get more
visibility on your supply chain operations. Collaborate and communicate in
real-time with your team. Sign up to Orangescrum Now
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