By now you’re probably aware of the risks to your packaging supply chain from natural disasters, trade disputes, supplier failure, production errors, and freight interruptions.
Did you know that automating your procurement operations can reduce and mitigate many of these risks?
Automating reduces the risk of errors and delays, improves your ordering times, and makes it easier to switch suppliers in case of an interruption. For starters, automating processes and communications makes it easier for your employees, stakeholders, and suppliers to do their work.
It also gives you visibility into your supply chain so you can anticipate changes, and it gives you the flexibility to respond to those changes efficiently without interrupting your continuity of supply.
To Get Started, Here Are a Few Steps You Can Take to Maximize Your ROI from Automation
Get on Top of Your Data
Identify, document, and track key processes and mission-critical data such as specs or artwork. You’ll gain visibility into your supply chain when this information is centralized, up-to-date and accurate. This will let you know when, where, and how to take action when a disruption occurs.
Investigate Management Platforms
The right platform will unify communications across your supply chain, automate and track workflows, and centralize your key data. It should also be able to manage the nuances of packaging procurement such as artwork approvals. A good platform will give you the flexibility to respond effectively to disruptions anywhere in your supply chain.
Choose What to Automate
Look at your procurement operations and select the key processes to automate. Look for processes with a high risk of error or delay, such as ordering, quality assurance, and specs/artwork approvals. Automating these processes significantly reduces these risks.
Bring your employees, suppliers, and partners onto your online platform so everyone is working with the same information. This improves collaboration and response times across your supply network, which means you’ll be able to respond quickly with the right resources if something goes wrong.
The Bottom Line
Automating your procurement operations can be a key component of your supply chain risk management strategy. It lets you track key processes, centralize critical data, and collaborate with stakeholders so you can anticipate and respond to risks rather than react to them.
Moving your procurement operations to a management platform may seem like a daunting task, but in the long run the investment will pay off in increased supply chain resilience and continuity of supply.