Supply chain strains: 3 ways automation can streamline logistics, inventory for mid and large enterprises

In today's fierce and ever-changing business landscape, supply chain management is the key to success. However, managing complex supply chains can be a significant challenge for mid and large enterprises. That's where automation comes in, revolutionizing logistics, inventory management, and order fulfilment like never before.

Talking about why automation is the future of supply chain management, Srividya Kannan, Founder and CEO of Avaali, says that automation has become necessary with growing customer expectations, rising costs, and a shortage of skilled labour. "Businesses need faster delivery, customizability, and efficiency – all while reducing reliance on manual labour. That's precisely what automation offers, with streamlined processes and automated tasks," she englightens.

Kannan believes that emerging technologies like AI, robotics, and machine learning will take automation to the next level, providing real-time insights, predictive analytics, and automated decision-making.

The founder and CEO of Avaali lists out these 3 ways in which automation can streamline logistics, inventory for mid and large enterprises — 

Transforming and Optimizing Operations: She avers that automation is transforming the way mid and large enterprises handle logistics, and adds, "Transportation management systems (TMS) automate route planning, freight consolidation, and carrier selection can help slash costs and improve delivery times. Warehouse management systems (WMS) and automated guided vehicles (AGVs) are revolutionizing material handling and storage, cutting errors and boosting productivity. Robotics handle palletizing, order picking, and depalletizing, making warehouse operations more efficient."

Streamlined Inventory Management: Stockouts and overstocking are becoming a thing of the past with advanced demand forecasting tools. She  explains, "These tools predict future demand by analysing historical sales data, market trends, and external factors, helping businessowners optimize inventory levels. Meanwhile, inventory management systems (IMS) offer real-time visibility into inventory levels, automated replenishment orders, and detailed product movement tracking."

Harnessing Power of Data Analytics: Kannan states that by diving deep into inventory data and data analytics, businesses can uncover valuable patterns and trends. Such insight can help with informed decision-making on inventory allocation, product placement, and promotions.

Kannan feels supply chain automation isn't just about efficiency and cost savings, but also about faster delivery times, improved product availability, and fewer fulfilment errors – leading to happier, more loyal customers. "Automation is a strategic imperative for mid and large enterprises looking to gain a competitive edge," she asserts.

As supply chains become more complex and interconnected, the founder and CEO of Avaali feels that Automation is crucial for success. "By embracing automation, one can streamline processes, boost efficiency, cut costs, and enhance customer satisfaction. Automation is the key to staying ahead in the ever-changing world of supply chain management," she sums up saying.