February 28, 2024
Report
Managing supplier compliance
Eliminate delays along with relabeling cost and confusion
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For large manufacturers, managing supplier goods involves a complex web of processes and stakeholders. From Planning to Operations, each step is crucial in ensuring smooth operations. However, where things often go awry—and costs skyrocket—is at the physical handoff from your supplier. One customer calculated that they spent $2.1M just on relabeling of supplier materials.
Using Advanced Shipping Notices (ASNs) can be unreliable, causing chaos in receiving due to limited information. Mislabeled items, incorrect receipts, and excess inventory lead to wasted time and money. Standardizing on a centralized automated cloud platform enhances visibility and efficiency, improving inventory accuracy at suppliers and warehouses. Extending centralized labeling with controlled access for suppliers reduces security risks and has zero supplier IT burden.
Download this report to learn how cloud-based labeling will help you achieve key results such as:
- Eliminate relabeling: which alone has resulted in upwards of $2M - $3M in labor and materials
- Save millions in warehousing costs: gain faster time-to-market, and radically reduce inventory and waste
- Improve manufacturing agility: promptly adjust supplier orders based on changing needs
- Cloud
- Supply Chain
- Supplier Labeling