A comprehensive overview of business manufacturing problems
Manufacturing is a complex industry. When you’re working with suppliers, co-manufacturers, retailers and customers, there are dozens of areas where communication can break down and obstacles arise. That’s why SPS Commerce provides solutions to enhance collaboration for manufacturers and boost your bottom line.
Introducing Community for Manufacturing, the perfect solution for brands who want to improve their supply chain collaboration with partners to increase efficiency and boost their growth.
What are the challenges that manufacturers face?
Manufacturers face a variety of challenges, including delayed production lines, frequent changes, inefficient production planning and lost sales. Inefficient supply chain operations and disruptions, coupled with poor collaboration and limited visibility, impact the manufacturing process, resulting in costly production schedule delays.
Delayed production lines
A manufacturer’s process can be delayed and, at times, halted if they are missing even a single component. One missing or malfunctioning aspect can cause production disruptions and costly stoppages for weeks afterward.
Frequent changes
Purchase orders involve intricate delivery schedules and continuous negotiations. Supply chain disruptions affect all partners, requiring strong collaboration. Frequent changes are costly and time-consuming, impacting efficiency and customer satisfaction.
Inefficient production planning
Production relies on a seamless flow of materials, and inaccurate inventory and order data can lead to incorrect planning, overstocking or understocking, and challenges with long lead times.
Lost sales
Failure to meet customer delivery expectations due to procurement and production challenges can result in customer dissatisfaction, lost business and ruined vendor relationships. Promoting strong supply chain partnerships is a critical step to ensure everything runs smoothly.
How does Community for Manufacturing help avoid challenges?
SPS Commerce created Community for Manufacturing as a way for manufacturing, supplier and retailer partners to improve collaboration and visibility across the supply chain.
Community for Manufacturing is a comprehensive solution that enhances business processes and information exchange with suppliers and co-manufacturing partners. This guides them towards successful reliability and transparency to produce and sell goods more efficiently while enhancing their day-to-day operations.
Community for Manufacturing helps customers:
- Overcome challenges with cash flow caused by changes and delays.
- Strengthen supplier relationships.
- Improve inventory accuracy.
- Reduce receiving cycle time.
- Expose process gaps that need to be addressed.
- Save money by capturing early payment discounts.
Why do customers choose Community for Manufacturing?
At SPS Commerce, we have the people, processes, and technology to ensure we’re on top of all the current market trends and changes. We offer a comprehensive vendor onboarding program, which relieves your team of the time-consuming and stressful process.
Through our existing Community solution, SPS Commerce offers a unique spin on supply chain collaboration that transforms the way you work with your partners. We assess, engage, optimize, launch and monitor each aspect of your supply chain.
We also offer automated procurement processing, so you can send purchase orders (POs) and automatically import invoices and other supply chain documents to modernize operations and gain better visibility into your supply chain.
Recent layoffs across the United States require companies to do more with fewer resources, especially as they continue to grow. SPS Commerce focuses on increasing your operational efficiency to support growth amidst resource constraints.
Our integration with your ERP enables seamless implementation for standardized connectivity on the sell side. We’re the recommended partner by many major ERPs.
Ready to learn more about Community for Manufacturing? We’re here to answer your questions.
- A comprehensive overview of business manufacturing problems - November 19, 2024
- The importance of effective demand planning - November 19, 2024
- How manufacturers can eliminate the stress of frequent change - November 19, 2024
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