“End-to-end” is a hot term now in the inventory management industry. But what is it, and why is it so important?
End-to-end inventory management looks at the supply chain as a cohesive system, starting with resources and going all the way to the consumer. This method of management helps you see how your system works as a whole, from start to finish instead of as a series of separate steps.
The benefits of having end-to-end inventory management go beyond just experiencing a few perks; they are crucial for making your business efficient and maintaining a competitive advantage.
Visibility is key to making good business decisions.
Visibility into your business processes provides greater granularity of data. This gives you the capability to have better analysis and ultimately make better business decisions.
End-to-end systems empower employees to act on information.
If your employees are able to understand every step of the supply chain, they will have the tools to act on information at any stage. Give employees the tools and knowledge to make intelligent decisions during all business processes.
Customers will have a much better experience.
When the customer experience is incorporated from the very start during the manufacturing of a product, the end product can be intentionally designed to meet their requirements. Your customers will be more satisfied, making your business look and perform better.
Product delivery is more reliable and efficient.
Thinking of delivery as something completely separate from the manufacturing steps can cause a disconnect in the supply chain. If delivery to the customer is a defined and planned part your end-to-end inventory management from the get go, product delivery will be not only more reliable—it will help your bottom line by increasing efficiency as well.
Ensures product and assets are at the right place at the right time.
A complete view of your inventory makes the monitoring and locating of products a conveniently inherent feature. Think of all the time wasted in figuring out where a spare part or returned product is laying around. An end-to-end system lets you see each piece of the puzzle, ultimately increasing your productivity.
These benefits only begin to scratch the surface of how end-to-end inventory management can give you a competitive advantage. To learn about end-to-end solutions from DSI, visit our website and contact us for more information.