Supply
Chain Management:
Supply Chain Management (SCM) is a management of the
flow of goods and services, involves the movement and storage of raw materials,
of work-in-process inventory, and of finished goods from point of origin to
point of consumption.
Example: Transport
and goods, e-commerce etc.
1. Order
processing and payments:
a.
Business Process: Customers place orders online,
they select their desired products, enter their payment information, and
receive order and shipping confirmations — all of which happens electronically.
And tracking the changes in company’s database.
b.
Problem: Behind the scenes, however, many
companies still depend on manual labor and paper documents to execute these
transactions that accompany processing an order. This can include manually
entering customer information into the company’s database, processing payments,
and sending out email confirmations and order updates.
c.
RPA Usage: By automating back office tasks,
RPA has the ability to reduce the need for this manual work.
2. Automation
of emails:
a.
Business Process: Maintaining regular communication
between manufacturers, suppliers, transportation service providers, and
customers.
b.
Problem: Effective communication within
the supply chain is essential. When a shipment is delayed or an order cannot be
fulfilled, as well as when orders are successfully processed and shipped, it’s
important to ensure open communication between all individuals and companies to
build credibility and trust.
c.
RPA Usage: RPA can be used to automate this
communication, automatically triggering an email or text when an order is
processed, shipped, or delayed.
3. Procurement
and inventory management processes:
a.
Business Process: Ensure the manufacturer has
enough products to serve the demand.
b.
Problem: Manufacturers and suppliers need
to be able to carefully monitor their inventory levels in order to ensure they
have enough products and serviceable to meet demands.
c.
RPA Usage: Software robots can monitor
inventory, generate notifications when levels are low, and reorder products
when levels go below a set threshold. In addition, real-time reporting provided
by RPA can be used to determine optimal inventory levels based on previous
needs and modify levels based on patterns in demand.
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