Don’t you think that getting a product in a consumer’s hand is a complex process? There are so many internal and external processes that take place in between while that happens!!
Individuals who have started companies of their own, often mix up the processes. If that sounds like you, then you are indeed at the right place.
For those who feel confused and messed up, here we have come up with a little help. In this topic, we would be discussing the clear difference between logistics & Supply chain management and work order management systems.
So without any further delay, let’s get started with the definition of these two to clear the doubts from the beginning.
What is Logistics & Supply Chain Management?
Started a company recently? Then you must have been advised to focus on logistics & Supply Chain Management !! Isn’t it? Guessing as a newbie, you must be trying to figure out what it actually is.
Wait !! You don’t need to rush anywhere else. To make it clearer for you to understand we have elaborated the definition.
Definition of Logistics: Logistics can be defined as a process of a product being delivered to the right customer, at the right time, quantity and location.
The main focus of logistics revolves around distributing, packaging, warehousing, maintaining and more.
Hope we made it clear for you !! Now let’s understand what supply chain management is.
Definition of supply chain management:
It can be defined as a network where the organizations work through upstreams and downstreams linkages in a variety of ways altogether.
The main focus of supply chain management basically revolves around marketing, financing, customer service and more.
What Benefits Does Supply Chain Management Offer?
Wondering what benefits does supply chain management offer? Despite the complexity it comes with, one cannot underestimate the advantages it provides.
Here are some of them that you should know about.
- Quality Control- Supply chain management has proven to bring improved quality control.
- Higher Efficiency- It has resulted in higher efficiency as companies get to know the real-time data about the availability of products.
It helps them to implement backup plans as well.
- Demand Predictability- Service providers get real-time access and accurate information about products. Furthermore, it helps to keep up with the demands.
- Optimized shipping – logistics and supply chain management have helped optimize shipping too.
Service providers are now able to ship their products in a short period while minimizing costs at the same time.
- Better Cashflow – The major benefit of this process is improved cash flow. By making smarter decisions, choosing the right partners, predicting demands, and others, companies are experiencing more profits.
What is a Work Order Management System?
Here comes the work order management system. Have you heard your colleagues bragging about it after they have done talking about logistics & supply chain management?
You must have become eager to find out what it is all about !! For those who are unaware of it, here is a clear definition.
Definition of Work Order Management Systems:
Work order management systems can be defined as a process of maintaining work orders that lessens the downtime of the asset.
It has its own set of importance where the maintenance team relies on paper-based work orders to stay connected with job assignments.
They are easy to create but can be messy at times. This is why to operate a work order management system smoothly, many companies depend on tools or software to maintain the complexities it carries.
What are the Benefits of a Work Order Management System?
As by now you already know the benefits of supply chain management, you must be underestimating the power of the work order management system.
With changing times, the system is now managed digitally and the benefits it carries cannot be ignored. Don’t you want to know about them? If yes, then read further for a brief of it.
Benefits of having a smart Work Order Management System in place:
- Better operational efficiency- The work management system software has proven to bring better operational efficiency.
It has furthermore resulted in reducing errors.
- Business Agility – The use of software in work order management systems have streamlined workforce management, forecasting, and others that scale businesses quickly.
- Customer Satisfaction- Customer satisfaction has been improved because of the work order management system software.
It has helped in preventing delays in communications as well.
- Less Paperwork- Switching to digital platforms has helped in making tasks less messy.
With digital work order management software, mistakes made by humans become zero. It also supports the idea of establishing a paperless work environment.
- Detailed Reports – Another benefit that comes with it is detailed reports. Having these reports can help to make the right decision in the future.
Moreover, it gives a clear understanding of what progress has been made so far.
Final Words
If you read the information offered fully, then you must have understood what logistics & supply chain management,and work order management system is.
To practice them and get better results, one should first understand their basic functionalities. So congratulations! Because you already did that successfully.
Now to implement such features in your business, you may head over to purchasing these useful tools for your organization.
