logistics: streamline your order fulfilment operations for faster cash recovery
DESCRIPTION
Presentation summary from Canon for Business Information at Work 2014 event: Efficiency within the supply chain is driven by demand from customers, volatile fuel and material costs, regulation and cash flow problems. Supply chain visibility and workflow management are critical to addressing these challenges and helping firms to remain competitive.TRANSCRIPT
BETTER BUSINESS PROCESSES
LOGISTICS
LOGISTICSStreamline your order fulfilment operations for faster cash recovery
THE LOGISTICS LANDSCAPE IS CHANGING
They’re better informed than
ever before
New technology makes it easy to
access product and pricing info...
…and raises expectations around
response times
WINNING AND RETAINING BUSINESS IS HARDER THAN EVER
CUSTOMERS ARE IN CHARGE
VOLATILE FUEL & MATERIAL COSTS• Fuel prices are expensive and impossible to control
• The raw materials needed to build and run highly technical equipment are increasingly scarce and difficult to source
• So businesses are looking to simplify and control those areas of their business that they can, such as Information Technology
REGULATION IS RESTRICTIVE New health and safety
laws are impacting on working hours
Businesses struggle to respond quickly to
compliance regulations
Need to increase efficiency of resource and
time management
CASH FLOW IS A CHALLENGE
Complicated, time consuming processes and regulations lead
to inefficiencies
And when the job is delivered late and billed
late, payment is delayed too
INFORMATION AT WORK
On 3 July 2014 Canon hosted an event to bring together industry experts and technology leaders to discuss opportunities and share insights around Information Management – including Logistics
LOGISTICS SEMINAR OVERVIEW1. COST2. PROCESS EFFICIENCY3. INVOICE PRESSURES
1. COSTHow can organisations streamline logistical processes to maximise visibility of delivery operations while minimising the cost of managing information within the back-office?
2. PROCESS EFFICIENCYHow can organisations move away from manual to faster, automated processes without major investment and overhaul of legacy systems?
3. INVOICE PRESSURESHow can organisations use IM to speed up the customer invoicing process from point of delivery for faster recovery of cash?
THE SPEAKERS INCLUDED:
Han BeutenDocument Process Automation Manager
Canon Netherlands
Lorenzo VeronesiSenior Research Analyst EMEA
IDC
Geoff de Metz
General Manager (Scanning & DMS)
Wincanton
THEY TALKED ABOUT HOW CANON DELIVERY NOTE PROCESSING ADDS VALUE TO LOGISTICSIt delivers:
• Easy-to-use automation
• Distribution visibility
• Better stock management
• Support for collecting and sending digital signatures
THE CHALLENGES FOR LOGISTICS
• Business applications tend to manage silos of information focusing on their own processes and information
• Poor coverage of intra-enterprise processes – often managed through custom applications
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CHALLENGE #1: LIMITED INTEROPERABILITY
© IDC Visit us at IDC.com and follow us on Twitter: @IDC
• Business applications are designed to manage structured data, not “unstructured and complex” data like documents are
• These documents need eventually to be shared across the enterprise for intra-enterprise processes
CHALLENGE #2: POOR CAPABILITY TO MANAGE DOCUMENTS
BEST PRACTICE GUIDELINES • Avoid information “bottlenecks”
• Invest to improve electronic information capture and delivery
• Adopt technologies supporting document and workflow management applications
• Use mobile devices for data collection
• Rely on the cloud for easy information sharing
NEED TO STREAMLINE THE ORDER FULFILMENT PROCESS
HOW AN AUTOMATED LOGISTICS PROCESS HELPS• Delivery times speed up, leading to improved
customer service and experience
• Admin time and costs reduce
• Data is more secure
• Billing is more efficient and invoices have more chance of being paid on time
CANON DELIVERY NOTE PROCESSING ADDS VALUE TO LOGISTICS It delivers:
• Easy-to-use automation
• Distribution visibility
• Better stock management
• Support for collecting and sending digital signatures
WINCANTON RECORDS MANAGEMENT CASE STUDYInformation Management in action
For the secure document storage arm of the Wincanton PLC Group with clients including Tesco, M&S and Shell
Customers want us to take responsibility
for the whole process
THE CHALLENGESWincanton needs to comply with industry
standards as well as individual client compliance issues
Technology needs to be scaleable, upgradeable,
portable and demonstrate clear ROI
Customers want low risk and
maximum value, and solutions have to be implemented quickly
WHY WINCANTON PICKED CANON• Excellent technology
• Complete back-office support
• A clear roadmap for the future
• An excellent team who understand technology and are happy to help
THE RESULTS• PoD penalties have reduced 50% year on
year since using Canon technology
• Significant cost reductions mean that we can pass savings back to our customers and be more competitive
MORE INFORMATIONIf you are an existing Canon customer, please contact your account manager to find out how better Information Management can transform your business
Or contact us on:[email protected]/For_Work