In the whole supply chain, suppliers can obtain the raw material inventory and purchasing information of manufacturers smoothly. This reduces the work of procurement personnel, enables them to engage in higher-value work, not only reduces procurement costs, but also strengthens the management of suppliers by enterprises.
2. Save the transaction cost between enterprises.
Under the condition of supply chain management, the supply chain connects interrelated enterprises, which greatly reduces the transaction cost of each link between enterprises and shortens the transaction cycle.
3. Reduce enterprise inventory.
Excess inventory is the bottleneck of enterprise profits. However, under the condition of supply chain management, information sharing has been realized. Suppliers can know the inventory situation at any time, and replenish the goods in time when the inventory is out of stock, which reduces the inventory of enterprises.
4. Reduce the cycle.
Through the automation of supply chain and continuous close communication between enterprises, the accuracy of enterprise commodity forecast can be greatly improved, which is not only beneficial to mutual interests between enterprises, but also more important to improve customer satisfaction.
5, the enterprise's income and profit increase.
Every node in the supply chain is constantly circulating, enterprises are also fulfilling related contracts, and market share and income are increasing.