With continued digital innovation, data from across the supply chain network and even consumer purchasing trends can be easily collected and analyzed to understand historical trends better and predict future demand. This access to practical and applicable data is just one of the leading reasons why robotics process automation (RPA) grows in popularity among supply chain managers and directors. RPA for supply chain, also referred to as logistics process workflow automation, changes how the industry deals with customer demands and market trends, particularly during market volatility.
What Is an RPA Software Provider?
RPA for supply chains continues to revolutionize how the transportation and shipping industry operates and what services are available to consumers. As highlighted by Supply Chain 24/7: “Many organizations are already exploiting this capability. When asked what benefits were accruing from their adoption of a technologically advanced supply chain strategy, 52% of [respondents to a recent survey] cited the ‘ability to integrate data and leverage analytics to improve the planning process.’ In fact, that benefit was their top choice from a list of a dozen benefits.” Freight management parties need to take five fundamental steps before purchasing RPA software to find the right resources and ensure maximum results.
1. Evaluate the Ease of Deployment of RPA Software
When selecting the appropriate RPA for supply chain optimization, you must be mindful of how easy or complex the system is to set up. From getting the system joined with the existing platform to performing appropriate onboarding and training, not all RPA tools are the same. You must carefully consider each aspect of deployment when comparing software systems and RPA options currently available.
2. Ensure the RPA Can Integrate With All Systems in Your Supply Chain Tech Stack
When evaluating RPA for the supply chain, you will also need to check all systems and tools currently in your tech stack to ensure they are compatible. There is little point in investing in an automation system that cannot work well with all your current systems. Integration is critical for long-term RPA success with machine learning and AI-based solutions.
3. Remember to Think About the Value of Digital Document Management and Integration
There are many layers and aspects involved with setting up new RPA systems. RPA for supply chains covers a lot of ground, but one valuable aspect that often gets overlooked by management is the value of managing critical documents. Having online records available on-demand that can be instantly accessed and shared is well worth the upgrade for many management teams.
4. Ensure the RPA Vendor Can Handle Email Management and Data Sharing Too
Even supply chains that have taken steps toward automating processes and started moving away from manual processes can benefit from RPA for supply chain systems. Checking to ensure your RPA vendor can handle your level of data and necessary communications and collaboration will ensure you make a wise and informed decision. Consider emails, video calls, data transfers, and the like as well.
5. Conduct a Full Cost Versus Benefit Analysis
The final step to securing an appropriate RPA for supply chains like yours will involve a close and honest look at costs versus benefits. Initial investments into a new system may be costly, but the ROI can yield significantly more revenue and greater capacity opportunities when appropriately utilized. Carefully analyzing predicted costs against predicted profits can give a clearer view of what RPA is the best.
Streamline Buying Processes for RPA for Supply Chain Circles by Choosing RPA Labs
RPA integration offers many benefits within the supply chain, provided you know where to find the best vendor. Partnering with third parties who offer robotics and automation services opens the door for more opportunities to secure capacity, find new clients, tap into market trends, and maximize profits. RPA for supply chains is an important step toward more robust automation and digitization, positioning shippers to take advantage of growing trends in the market more efficiently. Streamline the entire process and guarantee a successful purchase and integration by contacting RPA Labs today to see the power of RPA in action across your full freight tech stack.