Today, we’re in an era of technological advancement and digital transformation where every enterprise, sector, and industry is searching for technological methods and progressive automation that can optimize their process and workflows to eliminate any and all kinds of delays that are caused due to blind spots in the supply chain.

Especially, with COVID-19 and its overwhelming effect on the growth of online platforms and solutions, blind spots of supply chain became a key focus and have led to introducing twists in the processing of supply chains. This doesn’t exactly mean that it takes away the workforce or reduces employment opportunities, but it certainly turns around the table in terms of efficiency of work and brings in cost-effectiveness.

Must Read: The Vital Dos and Dont’s of Digital Transformation

The fact is that global supply chains frequently encounter blind spots, such as failing to track orders, vendor risk, baseless inventory management, etc. The result is significant challenges which neither retailers can afford nor vendors.

That said, let’s take a look at the topmost blind spots of supply chains and tell you how to fix it.

Transparency
The root cause of most supply chain problems is the lack of transparency, whether it’s in regard to operations, decisions, approvals, documents, or any other sort of information. The more the touchpoints, the more difficult it becomes to keep operations transparent. It’s also critically helpful for businesses to anticipate risks in real time

To ensure you get over this problem, you can use Supplymint solutions. Whether you want transparency in your procurement process or to track purchase orders from inception to delivery, supplymint is a solution that brings attention to the importance of transparency in supply chain by gathering information through purchase indent and order forms, automating notifications and alerts for each process update, multi-level approvals, document uploads and downloads, and more.

Also Read: Flipkart Cut Out Single-Use Plastic Packaging From Their Supply Chain

Agility
Any organization with a quick response to disruptions in supply chains is one to be remembered and also the one that’s most profitable. Especially, when it comes to inventory management, agility is one feature you must focus on because the quickly you move your inventory where it responds better, the more sales you can generate. Supplymint’s DigiPlan brings focus on exactly that.

With Supplymint’s reports and advanced analytics, your organization’s inventory management not only gets easier but also increases rate of sales by helping you get your products exactly where they sell, at the right time.

Relationship Management
Strong relationships within the ecosystem and outside are equally important to improve supply chain constraints. The lack of proper communication between members of the value chain is a huge blind spot of supply chain and to cover it up efficiently, organizations need solutions that have the ability to connect key value chain members in order to avoid bottlenecks. Supplymint gives you a platform to connect with members of the value chain and makes it easier for you to build stronger relationships.

Conclusion: Digitization is the core that helps organizations in covering up their supply chain blind spots and the best way to go about it is through Supplymint. It is a digital supply chain planning and operation that allows all the value chain members to stay connected with one another in real-time all throughout OTB Planning, Procurement, PO Tracking, and Inventory Management.

Recommended Read: How You Can Build A More Adaptive Supply Chain

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