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Platform or a Collection of Tools: Which One Do You Prefer for your Digital Transformation Efforts?

Solvoyo

Imagine the ability to drill down and have an AI-based engine digging into your historical transactions on the platform and pointing to a specific reason among many: materials arriving late, manufacturing not following this week’s plan, purchase orders placed late, another priority order got your allocation, etc.

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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

It also means having the ability to identify discrepancies between orders (especially if they’ve been changed), shipments and invoices, without having to manually cross-reference data from multiple systems. Having a clear view of your network allows you to see the fill rate and lead time for orders and shipments.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

Accurate and timely reconciliation of purchase orders with receipts. Maintaining outlier events that have influenced demand patterns or supply availability. Also, follow us on LinkedIn and YouTube for more information and read our customer case studies on the digital transformation of supply chain planning.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

The enablers are physical and digital automation at their DCs as well as Solvoyo’s autonomous decision-making platform that manages their forecasting, inventory management, replenishment, and purchase orders. Business continuity at this grocery chain benefitted several CPG companies -some of which are our clients as well.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

The enablers are physical and digital automation at their DCs as well as Solvoyo’s autonomous decision-making platform that manages their forecasting, inventory management, replenishment, and purchase orders. Business continuity at this grocery chain benefitted several CPG companies -some of which are our clients as well.

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3 Steps for Making Digital Transformation Happen in Supply Chain Planning

Solvoyo

Digital transformation requires integrated planning capabilities with concurrent analytical models combining forecasting, inventory planning, purchase order management and logistics decisions as well as real-time online collaboration with vendors, minimizing need for manual data input, automating data flow as much as possible.