Key takeways Order fulfillment is a critical aspect that impacts customer satisfaction. Order fulfillment includes process such as inventory management, order processing, shipping, delivery, returns processing, supply chain management, and customer service. Manual order fulfillment is a complex process which is slow and prone to errors. RPA and AI boost…

Key takeways Manufacturers of today depend on computer controlled machines to perform several administrative and non-administrative processes. RPA is one of the leading automation tools that streamlines rule-based processes to expedite their completion with accuracy. Some of the processes automated by RPA bots include BOM, order creation, data migration, material…

Supply chain management is a vital part of a manufacturing cycle and an optimized supply chain has the potential to boost the efficiency and reduce time-to-market. This not only enhances the ROI but also offers a better customer experience. When it comes to end-to-end supply chain management, finding cost-effective ways…

Key takeways A business that manufactures products has a multitude of administrative and non-administrative functions that need to function seamlessly for creating a product and marketing it. Technologies like Robotic Process Automation (RPA), Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), the Internet of Things (IoT), 5G, Cloud,…

Key takeways Material Ledger is a complex tool that helps manage core manufacturing-related materials in different currencies and valuations. The original SAP R/2 and SAP R/3 software helped establish the global standard for Enterprise Resource Planning (ERP). Currently, SAP S/4HANA is being used to streamline several workflows in ERP. It…

Key takeways The Procure to Pay (P2P) function goes through processes such as requisitioning, purchasing, receiving payment, accounting for goods and services, and more. Bottlenecks in traditional P2P include invisible costs, keeping up with changes in compliance terms and regulatory norms, inefficient management in everyday transactions, ineffective vendor communication, etc.…