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Time is ripe for modernization of sales order processing EJINSIGHT

Edmund Yick December 28, 2020 08:33 Industry 4.0 is transforming supply chains and how companies order new products and services. Gartner has predicted that by 2023, 50% of large global companies will use automated tools in their supply chains. They promise to improve transparency in information flows, reduce transaction costs and enable companies to better analyze data, predict requirements, and optimize inventory levels. Transforming processes in the supply chain can be a daunting undertaking. However, sales order processing is ripe for modernization. For a long time, it has been a highly manual operation, and manual operations presents the possibility for mistakes in costing, errors in quantities and slower order fulfillment.

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