Supply Chain Management

RPA is becoming more and more sophisticated. This means that it can now work on tasks beyond defined rules. Supply Chain Management decisions can now be made based on data patterns, and robots can trigger different types of alerts (e.g. late deliveries, automated supply/demand balancing)

Up to this moment, supply planning required gathering information from different sources, then standardizing and formatting it manually.

It’s easier now to predict demand by considering the weather forecast and seasonal calendars as well.

Create AI-driven predictive demand forecast models and automatically run simulations and projections, looking for exceptions and ultimately conveying the supply and demand plan.

Use the ready plan to upload in the ERP or auto-trigger the process of inventory review and ordering stock.

These processes can be automated with RPA, helping retailers spend more time on asset management and improve customer, supplier and employee satisfaction.

Helping retailers spend more time on asset management and improve customer, supplier and employee satisfaction.

Monitoring and maintaining inventory levels becomes easy with RPA, ensuring enough stock to meet demands. Optimal stock levels have become crucial in recent years.

Automatic stock level notifications, based on past orders assessment or when the minimum has been reached are key for lowering waste, reducing costs and improving procurement.

Through the interaction of the robots with the supply planner, new minimum levels can be approved and then automatically updated in the ERP.

Automating Inventory management frees up time for doing Business and brings savings in working capital through reduced safety stock.

Automatic stock level notifications to trigger replenishment

A successful supply chain is achieved through good and steady communication. Automating emails with RPA is just the start of effective communications. Notifying customers and suppliers that orders are booked, shipped, delivered or delayed is a great advantage.

Robots will automatically review, calculate and create the stock orders.

Created by the robots’ proposals for ordering and the process of approving the quantities of stock to order is flexible allowing robots to interact with supply planners for approval.

The creation of Purchase orders in ERP has never been easier. After the approval of the required goods, the robots will trigger and execute the automated ordering process. They will create the POs and send them to the suppliers without human intervention.

Automatic stock level notifications to trigger replenishment

Payment and invoicing is a well-organized and structured process. This makes it great for automation. For instance, using RPA, retailers can search a database of suppliers, looking for specific products and variables. The Robot can then ask for a quote and review the received proposals based on cost, fulfillment times and whatever trait is the most valuable at the moment. When supply begins, a robot can monitor contract terms and the suppliers’ performance. Exceptions may automatically trigger mitigating actions and alert notifications, calling for human intervention if a supplier fails to get back on track.

When supply begins, a robot can monitor for contract terms and the suppliers’ performance