Benefits of automation
As with many other aspects of digitisation, automation is quickly being adopted throughout the industry, and the benefits are in no way limited.
Real-time communication was a trailblazer in terms of automation. After letters, came faxes and then emails but despite great technological advances, even email has its disadvantages. If you can wait a few hours (or maybe a few days) for an answer, then email works fine but what if you need an answer now? Then email is too slow. The digitisation communication methods allows for real-time communication and synergic working.
Reduced risk of human error
Humans are great, but we do have our downfalls. The problem with humans, is that we are prone to errors. As Real Business explains, when a business runs using spreadsheets, just one manual errorcan cause a whole load of issues. On top of that, it can be difficult to identify the cause of the error. Not only does this complicate processes but it wastes time and potentially causes deadlines to be missed.
The problem when a new process is quickly being adopted is that you are at risk of falling behind the times. 51% of supply chain and logistics professionals believe that automation will provide them with a competitive advantage.
One key advantage of automation is better data management. Data management as a whole is pretty broad: it can be internal or external. Internally, an online HR hubcan be used for holding personal information, employee and holiday management.
Automation creates the opportunity to harness and collect big data, bringing its own set of business benefits:
- The ability to measure improvements in supply chain efficiency
- Faster and more effective reaction times to supply chain issues
- Improved traceability
- Increased operating margins of up to 60%
- Cost reduction
Cloud technology gives us access to extremely qualified professionals, products and services. And by outsourcing some of your day-to-day admin tasks, you’ll have more time to focus on growing your business.
Founder of Legal Edge
Whilst your business may function just fine as it is, the increased implementation of automated systems in the industry may be putting you on a backfoot. To maintain a competitive advantage and reap the many other benefits, automation needs to be a priority in 2018.