Technology is one of the greatest allies of companies that want to grow, so making good use of it is one of the best resources to achieve greater efficiency and customer satisfaction. For this we must implement strategies and procedures that are up to the demands of customers and increase their profitability.
Before putting new strategies into practice, it is advisable to analyze the impact they will have on the development of the company. This analysis is carried out in each phase of the supply chain, without neglecting the client's perspective because all the strategies will be directed at the client, so it is very important to analyze their needs and solve them at a low cost.
The flow of information has to be automated to expand the possibilities of improving the supply chain. But, when making an investment in technology to improve it, the real possibilities of each company must always be taken into account. While it is about adding value at every possible stage of the supply chain, it is important to be careful. The value added to the product must always be greater than its cost.
In order to correctly satisfy the demand requirements with adequate offers, new strategies must be implemented. They manage and enhance sales channels. At the same time they help to detect what are the difficulties in stock management.
There are some tools that can predict market demand, increase efficiency in the distribution and stock of products, but it must be taken into account that current supply chain regulations are different in each country and one must be aware .