top supply chain challenges - kofax
TRANSCRIPT
Transportation organizations often struggle with the integration of information between internal systems, processes and partner portals. Legacy systems and EDI cannot keep pace with today's market dynamics. This infographic illustrates the current challenges and areas for improvement of the organizations surveyed.
by EyeForTransport (EFT) regarding information access, visibility
and automation.
© 2019 Kofax. All rights reserved.
LEARN MORE ABOUT ROBOTIC PROCESS AUTOMATION
THEBIGGEST
CHALLENGES RELATED TO EDI ARE
IMPLEMENTATION AND LACK OF
REAL-TIME DATA
ROLE OF EDI
STATUS OF EDI
To exchange data with customers & suppliers
To exchange data with customers
Mandated by customer or partner
To exchange data with suppliers
Not using EDI
43%
17%
16%
9%
16%Implemented EDI in-house
Implemented EDI with a partner
Planning to implement EDI with a partner
Planning to implement EDI in-house
No current plans related to EDI
44%
29%
7%
6%
14%
of respondents feel real-time visibility is important for their transportation, logistics and supply chain processes.
Percentage of processes for exchanging information with partners that includes 1 or more manual steps:
Top reasons firms are starting automation projects:
IMPROVE PROFITABLILTY
INCREASE CAPACITY
INCREASE REVENUES
STRONGER PARTNER RELATIONSHIPS
EMPLOYEE SATISFACTION 74%
WHY AUTOMATE MANUAL PROCESSES
TOP SUPPLY CHAIN CHALLENGES
Limited visibility into the end-to-end supply chain process
Need to more efficiently acquire and aggregate information from internal and external sources
Scaling our processes to handle business growth and the associated transaction volume
Manual processes are holding back the ability to handle growth and increased transaction volume
Need to increase the speed of business
LIMITED VISIBILITY
DATA INTEGRATION
GROWTH
SCALABILITY
SPEED
INSIGHT
30%
22%
16%
15%
11%
6% Identifying opportunities with inbound transportation
4.2%10.5%
7.9%18.3%
34%25.1%
100%
<10%
76-99%
10-25%
50-75%
26-49%
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2
3
4
5
200ORGANIZATIONS SURVEYED