There isn’t a single company that doesn’t bemoan the high costs of freight. All companies would love to be able to reduce these costs, while at the same time mitigating the damages caused by delivery delays. Unfortunately, given the high costs of gas, and constant fuel surcharges, most companies seemed resigned to their fate; pay the freight bill and absorb the fuel surcharges because there’s no getting around the problem. However, is this really true? Do companies have no choice but to accept their fate, one marked by extremely high freight and the frustration that there’s little they can do to reduce the damaging effects of delivery delays? Well, the short answer is “no,” they don’t.
Posts Tagged ‘barcode scanners’
The “Great Recession,” as it’s now called, has certainly hit every company pretty hard. Demand is down, fuel costs are up and uncertainty abounds. Supply chain professionals understand that today’s fuel surcharges are just part of the day-to-day hassles of managing incoming shipments. Higher freight impacts gross profit margins, and companies are often forced to absorb the losses. However, procurement professionals aren’t just burdened by higher freight; inventory financing is also steadily increasing, this despite today’s historically low interest rates. Unfortunately, if customers take too long to pay their invoices, then a company’s financing costs will increase, no matter how low interest rates are. So, with freight on the rise, and financing steadily increasing, what must your company do to reduce its inventory and supply chain costs?
enterprise mobility hardware help to distinguish the product and service offering of a company? Granted, this may seem like an odd question. However, there are reasons to believe that a company with solid, up-to-date mobile business applications give it the upper hand versus competitors who rely upon manual processes. Think of how mobile devices can help a company provide more accurate information to customers. Think of how easily that information flows from the sales force, and customer service departments, all the way to the end-user customer base. Finally, think of how customers feel when they are serviced by a supplier that is always ready to serve. Companies distinguish themselves by their ability to provide timely information. More importantly, they distinguish their value propositions by their ability to immediately deliver on what they promise. Mobile business applications do exactly that because they are predicated on providing consistent, accurate and timely data to customers. This, more than anything else, helps a company to distinguish its value proposition, and it is this value proposition that speaks to the strength of the product and service offering for a company.
Regardless of whether you are the project manager in charge of multiple installations, the head of procurement, or the field service technician servicing the end-user customer for your company, you need to have access to vendor data. As such, a number of companies have decided to upgrade their service capabilities with rugged mobile computers, devices that are part of a larger upgrade in their enterprise mobility network. The idea is to not only speed up data transfer from vendors, but more importantly, to improve how companies manage both their internal and external customers. After all, the faster your company is able to respond to internal requests, the faster it should be able to service its external customer base. In the marketplace today, speed is everything!
Does your enterprise currently rely upon vendor managed inventory? Do you view your vendor relationships, and agreements, as pivotal to your supply chain and the long-term success of your enterprise? More importantly, have you come to rely upon vendor managed inventory agreements in order to reduce monthly carrying charges for your company? If you have answered yes to each of these aforementioned questions, then you understand full well how important it is to have access to immediate information about raw material, part and finished good availability. It is this access to vendor data that is of vital importance to ensuring that your agreements are properly managed. Upgrading to enterprise mobility hardware will make managing these agreements a much easier process. In essence, it will simplify how vendor data is transferred to your company and allow your procurement department to make better, more informed decisions.
How could anyone try to link enterprise mobility solutions with how a company manages customer expectations? What does one have to do with the other? After all, what possible role could your enterprise mobility hardware play in better managing customer expectations? When looking to answer these aforementioned questions, think of how important it is to provide your customers with timely answers. Think of how much better your company can serve its customer base when your salespeople, field service technicians and project managers all have access to rugged mobile computers, computers that can provide your customers with instant updates on order fulfillment. Think of how these mobile computers will distinguish your product and service offering within your market and amongst your customer base. Now think of how your competitors likely don not have this ability. Not only will it help better manage customer expectations, but it will position your enterprise as a market leader.
Does your company manage multiple projects? Do you employ project managers, field service technicians and or salespeople who spend a considerable amount of time onsite, at various customer locations? Most importantly, do these locations require rugged mobile devices, devices that are able to withstand harsh weather and severe working conditions? If you have answered yes to each of these questions, then it is about time your enterprise perform a cost benefit analysis on a capital expenditure. However, in the case of upgrading your mobility solutions with rugged mobile computers, this is one investment that is guaranteed to provide considerable returns. So, what would an upgrade to rugged mobile devices look like and how would it help improve how your enterprise manages these projects?
What are some of the recent advancements in inventory management? What are some of the more important movements within the mobile device market that help make these advancements possible? More to the point, what software and hardware advances have changed how companies manage inventory? When looking to answer these aforementioned questions, one only needs to look at the advancements made by Psion with its Omnii line of mobile devices or with Honeywell and their IntelaTrack PKS devices. So, what is special about these mobile product lines?
Why have stalwarts like Honeywell, Datalogic and Intermec focused so heavily on advancing enterprise mobility solutions for corporations? Why is it that some estimates put the ratio at 1 in 5 employees as being “mobile”, or connected? More importantly, why have so many companies decided to upgrade their supply chain practices with handheld, rugged mobile computers, barcode scanners and multiple mobile devices? In order to answer these questions, think of the speed at which business transactions happen today. Think of the importance of being able to keep pace with how quickly business landscapes change. Think of how your customers need suppliers who are able to react and ones that are not inhibited by manual processes that waste valuable time. Ultimately, think of why these aforementioned companies have invested so heavily in this market and then ask yourself, if the large players in industry are investing in mobility, shouldn’t I?
Has the time come for your company to upgrade its inventory practices? Your company needs to keep pace with a customer base whose mobile business applications require quicker response times! Isn’t it time your inventory do away with manual processes predicated on trying to avoid data entry errors, errors that are commonplace when individuals must register inventory levels by entering keystrokes into a computer? More importantly, isn’t your company tired of relying upon manual processes such as inventory cards and having to pay warehouse employees for quarterly and year-end manual counting periods? If you’ve answered yes to each of these questions, then it’s time to upgrade your inventory and supply chain management practices. One of the best ways to improve inventory count accuracy is by bar-coding inventory and using bar code scanners that are durable, easy to maintain, have low maintenance costs and dramatically improve operational effectiveness.