How Digitizing Supply Chain Logistics Saves Money
It’s easy to speak in broad terms about the advantages of low-code and its vast customization capabilities. Here are some real-world examples of how it significantly boosted companies’ logistics efficiency and lowered their costs:
Certification and licensure compliance: An American beer manufacturer, aware of the consequences of lapsed certifications and safety training compliance, was tracking this data using a manual spreadsheet. The problem they encountered was that across more than two dozen warehouses, this process didn’t allow them to be proactive about employee safety certifications. This limitation exposed their employees to undue risk and could have potentially cost the company in non-compliance fines. They used low-code to establish a centralized information bank that reported future certification expirations, held safety training information, and revealed any other gaps in employee safety education.
Supply chain tracking: A robotics company tracked thousands of custom parts using a manual spreadsheet application. The data included several vendors, and without collaboration and accurate, timely tracking, they suffered missed deadlines and an unacceptable number of lost parts. Using low-code, they created an end-to-end material planning, request, and usage application that brought their number of lost parts and late deliveries to zero.
Managing asset lease agreements: The transportation team of a large retail box store was emailing spreadsheets to its to track its trailer lease agreements. Each site would then fill in the information and email the sheet back. This process led to inaccurate and untimely data that led to lease overages. The company leveraged low-code to create a dataset of all their lease agreements that enabled up-to-date reporting and prevented more than $1 million a year in lease overcharges.