How Robust Supply Chain Software's to Help Businesses to Reduce Reverse Logistics Expenses

Globalization has become an increasingly complex supply chain infrastructure with more chances for cargo loss and damage. Businesses need to employ supply chain visibility technology to prevent damage to precious cargo and reduce costs.

With increasing operational costs and changing sanctions, refining the supply chain is key for businesses. The primary focus of most suppliers, distributers, and manufacturers is to leverage forward logistics strategies to efficiently get their products to retail locations, but reverse logistics intelligence systems are also necessary for the overall health of the supply chain. Software developers harness best-in-class database management systems and asset tracking tools to optimize Supply Chain Management (SCM) analytics platforms in order to reduce the number of recalled, damaged, and returned products. 

Producing an efficient supply chain management system begins with a robust Material Requirements Planning (MRP) application architecture: warehouse inventory management systems, manufacturing software, shipping technology, and order processing. The following are features good SCM platforms should have to help move the supply chain along:

Manufacturing and Material Requirements Planning

• Labor and material capacity calculation apps
• Equipment allocation planning tools
• Databases for suppliers and retailer credentials
• Accounting tools with easy invoice generation

Inventory Management

• Enterprise-wide inventory management systems
• E-commerce platforms with integrated inventory databases
• Automated replenishing, expiration tracking, and accounting

Warehouse Management

• GPS and RFID-aided tracking for large facilities
• Floor plan design simulators
• Automated shipping and receiving database updates

Fulfillment and Order Processing

• Complex and consolidated order generation
• Backorder management and traceability modules
• Mobile barcode scanners interfaced with inventory systems.

Shipping and Logistics

• Automated shipping labels and packing slips printing
•  Delivery confirmation and eSig capture apps
• Comprehensive reverse logistics management

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