Embrace robotic process automation (RPA) in supply chain management to build a resilient supply chain process and infrastructure without making a major IT investment. RPA allows complete process automation and integration to better handle logistics, lower costs and increase operational efficiency.
Use Cases of RPA in Supply Chain
There are several use cases of RPA in supply chain management. Here are the eight most common processes that can be automated with a bot:
Inventory Management
Better manage inventory for ensuring optimal volumes while tracking data as it moves from receiving, shelves to production and shipping.
Supply and Demand Planning
Develop accurate forecast by allowing software bots to prepare data and identify trends in customer purchasing activity.
Purchase Order Management
Use automated criteria like quantity, frequency of purchase, pricing to run purchase orders.
Freight Management
RPA brings efficiency into freight management tasks and improves different aspects of freight management, like route optimization and freight accounting.
Returns/Refunds Processing
RPA improves resolution time as well as decreases human intervention and the chances of errors while processing refunds and returns.
Invoice Management
RPA in supply chain helps process invoice documents and expedites tasks like extracting information from documents and validating and verifying it.
Price Lookup/Comparison
RPA bots regularly search for change in pricing data of specified material to make pricing comparison easy and effective.
ERP Integration
Allow bots to hand data entry and migration, including entering invoice data, validating and monitoring it.
Benefits of RPA in Supply Chain
Eliminates manual inputs of purchase orders and other administrative tasks.
Quickly responds to request for proposals, questions, and quotes.
Increases ROI and ensures swifter onboarding of suppliers/partners.
Reduces human errors, provides real-time visibility, and duplication in process.
Seamlessly integrates with ERP and other supply chain systems.
Analyzes data to identify supply chain optimization opportunities.
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RPA Applications in Supply Chain
Companies invest millions of dollars in setting up their supply chain processes and infrastructure, but still struggle to maximize its efficiency. That is why automation frontrunners in the logistics and supply chain management are investing in Robotic Process Automation (RPA) to enhance their process and reduce costs without investing heavily in IT or hiring more people. In this webinar, we discussed some applications of RPA in supply chain and multiple benefits, including increasing order quantity and fulfillment accuracy as well as reduction in shipping delays.
Get StartedLet Nuummite Consulting Help
Nuummite Consulting is leading RPA implementation partner in the Middle East that can help businesses overcome top three supply chain automation challenges:
- Automate unstructured data
- Let customer-facing functions efficiently handle automation
- Automate processes with attended, unattended or hybrid bots.
We work closely with our clients to identify, implement, and deliver on RPA projects that decrease manual errors, increase productivity, and ensure higher compliance.