Supply chain efficiency can be improved in a number of ways. As a whole process, supply chain management refers to the development of logistics solutions for warehousing, distribution, and retail or collection of goods and services. Efficiency is crucial to ensuring that products get delivered on time and to demand, and that workers know how best to use their time and skills to make a business run faster. Overall, the speed and the accuracy of a supply chain can help a business to achieve a better profit margin. There are some key ways to improve this efficiency, which notably includes the use of advanced technologies at each stage of the supply chain.
Reducing Asset Wastage
By combining RFID technology with voice picking and biometrics, a business can improve efficiency across different parts of their supply chain. One of the main benefits of doing so is that much less wastage occurs in terms of missing or mis-labelled items, while problems and repeated errors can be solved more quickly by having a more complex set of information to deal with when evaluating changes to a supply chain.
Warehouse efficiency can be improved by speeding up the process of picking items, and by reducing the amount of errors caused by wrongly identified stock. Radio Frequency Identification can be used in the latter case through tagging stock with chips that can be connected up to a mobile terminal. At the same time, voice activated terminals can be used with headsets to help workers to accurately pick items from commands, rather than having to rely on a lot of paperwork.
Speeding Up Delivery and Accuracy
The time in which an item moves from storage onto the road can be one of the most problematic for logistics. Delivery trucks and lorries can get delayed, and expected delivery times can be pushed further than they need to be. Again, RFID tracking can be used to tag items and the delivery vehicles themselves to ensure that a GPS system can measure how long it should be before items can be delivered.
Security can be a problem along a supply chain, with the expectation being that every person involved should be qualified and authorised to access items, and to perform to the best of their abilities. Downtime problems as the result of security errors can be significant to a bottom line. Biometric IDs and check in and check out procedures become useful, then, as ways to identify staff, and to speed up authorisation processes.