Q. What software applications can support inbound logistics?
The following software applications can support inbound logistics:
- Bar coding for the receipt, movement and handling of stock.
- Electronic tagging of raw materials or elements to make sure they are located.
- Materials Requirement Planning (MRP I) systems integrated along with suppliers for automatic ordering.
- Route masters for drivers to confirm efficient delivery.
- Electronic Data Interchange (EDI) a computer-to-computer data interchange for electronic invoicing, payment and billing of transactions among the organisation and its suppliers, or employ of an extranet for example, internet based Electronic Data Interchange.
- Computer Aided Design (CAD) for latest product development and for greater collaboration along with suppliers.
- Automated payment methods as an example Electronic Funds Transfer (EFT) systems.
- Business strategies to facilitate greater integration within the supply chain
- Vertical integration e.g. merging or acquiring suppliers into the supply chain for greater control and profit margin.
- Strategic alliances or joint ventures can also assist to develop new products and characteristics, streamline cost, decrease lead times and share information for the greater benefit of both the organisation and its suppliers.