What is RPA? How does it Automate Supply Chain Management Workflows?

Today’s supply chain management has evolved beyond focusing only on the physical inventories and their availability, movement, and costs. 

Most software product development companies realised the significance of RPA in supply chain management processes and helping streamline supply chain business operations. 

RPA is impacting positively when it comes to the proficiency and productivity of a business’s workforce and business practices. 

But if you are a newbie in the market and not aware of the term RPA, here you go.  

RPA – A brief introduction 

RPA (Robotic Process Automation) is a technology leveraged for software tools to automate repetitive, manual, clerical, time-consuming, and rule-based human tasks.

It is just like a bot that performs more quickly compared to humans can ever do solely.

These RPA software bots do not sleep, do not make any mistakes, interact with in-house apps, websites, user portals, etc. 

Source: https://bit.ly/3xE0Rw3

The “Robot” in RPA is for a virtual system. It aids in automating business functions. 

You can divide RPA technologies into three different categories such as,  

Probots: It follows simple, repeatable rules for data processing. 
Knowbots: It acts and responds to users by searching their particular data from the internet. 
Chatbots: It acts and responds as virtual agents and responds to user queries in real-time.  

How does RPA automate Vendors’ and Suppliers’ tasks? 

|1. Assets Capitalization 

RPA automates many tasks such as,

Asset creation and posting in SAP (System, Applications, and Products in data processing)
Approval in DMS (Distribution Management Software)
Reporting  

Auto-generate reports monitor data across different touchpoints and include,

  • Depreciation
  • Comparison 
  • WIP report 
  • Shit factor update 
  • Fixed assets report preparation 

|2. Vehicle Administration 

You can get the vehicle health reports in excel files, shared folders, or emails. 

You can keep it in a common local folder and sort the data according to pre-defined business rules to create a single output file. 

When you keep it in a shared folder, stakeholders can easily access it or you can send mail also. 

|3. Process Monitoring 

Monitoring and auditing deliveries are two of the key aspects as your manufacturing business expands. RPA automates the monitoring & auditing and advances operations without additional expenditures. 

Here, logistic businesses perform as a mediator among shipping transportation agents and business clients.  

|4. Payroll Process 

With the help of RPA, you can ease many payroll-relevant processes such as,

Make a template to process salary 
Automatically create a journal voucher file and upload it to an accounting system
Upload salary document in the HR system
Generate a bank document and send it to the bank
Automatically process salary in the HR system 
Create a payslip and send notifications through the HR system   

|5. Payment Service

Using RPA, it is feasible to navigate to various customer portals. It helps to discover the payment status for various invoices generated over a time period. 

According to the status, you can generate a report and send it to the receivers. 

Upload the invoice and the relevant files such as BOL (Bill of Lading) on the customer websites for which payment status is needed after a predefined time. 

|6. Credit Card Billing 

Cash rental customers use a credit card to cover and ensure rental costs payment. You can bill the credit card token on a few of the other expenses that influence after the closing of the rental agreement. 

You can automate the billing process of credit cards and get all relevant costs for the customer which is not initially charged on the agreement closing such as, 

Tolls
Citations
Physical damage
internal fund transfer

|7. Appointment Scheduling  

RPA automates appointment scheduling thoroughly. It includes 

Clients calling for available slots to pick up or deliver goods
Cross verification with own systems to get PO information
Driver availability 
Truck location

So you can complete a particular order. On the verification, the answer gets enrolled in the record system. 

|8. Inventory and Order Tracking   

You will have a precise picture of shipments and inventory shifting through different points and transporters round the clock. 

You can maintain real-time status on the web portal and delivery partners and customer satisfaction along with the number of shipments coming in and going out every day.

|9. Customer Service 

You can sync data across loads of B2B trading partners’ systems using robotics to mitigate repetitive tasks of data updates. 

It is easy to read emails from B2B partners and auto-update the information in internal scheduling techniques. It auto-updates the pick-up date and time in the system of B2B partners according to SLAs (Service Level Agreement). 

|10. Delivery Scheduling  

You can apply efficient on-time delivery of different parts to ensure mitigated inventory expenses. 

You can thoroughly plan and implement delivery to make sure that the right parts get supplied at the right time and location including, 

A large group of people across 3PL (Third-Party Logistics) providers 
OEMs (Original Equipment Manufacturer)
Suppliers 

|11. Shipment Management   

RPA makes your distribution process tenfold better across different locations. You can effortlessly get high-volume orders from distributors worldwide through fax, excel sheets, and online forms. 

You can assess and extract essential details, enter information into the ERP system, and send a confirmation email after the shipment.  

|12. Supplier Fuel Bills Upload    

Fueling data provided by the customers will automatically be uploaded to the client accounting system to get earlier deals and discounts. 

You will get customer emails in the mailbox that you can format and apply business rules according to predetermined business logic.   

Your formatted files will auto-upload to the main system and inform users about the status. 

|13. PO Linking to Invoice     

You will receive Purchase Order (PO) details available in the accounting system with the invoices and update the stakeholders about any open PO/debit memos, annual Purchase Orders and objections. 

The data of received and processed purchased orders can be auto-collected. You can auto search in the accounting system according to invoice and Purchase Orders and confirm the availability in the open  Purchase Orders and debit memo queues. 

Check for the correct vendor and approved amount difference, make a log for the objections, and email it to the respective stakeholders. 

|14. Accident Repair Bills     

You can retrieve the 

Accident relevant report from the client system  
Automatically validation of the costs
Revenue account, amount and the details

Auto elimination of various items is possible based on rigorous business rules and auto-check details of a vehicle, repairing history, and permissions. 

If everything is perfect, create a bill with all the essential data and debit taxes and send it to customers through email. 

|15. Vehicle Change Notice   

The movement of vehicles will be auto-updated in the system for various customers and various usage according to mileage, refer and standby terms. Based on that, each customer gets billed from the effective date. 

RPA helps with auto-navigation across different paths to get the vehicle information, perform calculations, and process the notice. It will be sent directly to the stakeholders for decision-making. 

Other Benefits 

Billing For Leased VehiclesInvoice Reporting
Notice of AssignmentOnline Query for Vehicle
Upload Vehicle EnquiriesCreate Vehicle Orders
Payment SessionDuplicate Checking
Rating ProcessMiscellaneous Accounts
Confirmed BookingProof of Delivery
National Account ReportsScheduling and Tracking
Operations MonitoringDelivery Information Updation
Overnight ReportsException Handling
Audit CorrectionsCredit Card Charges
Call CentreLumper Updation
Quotation & InvoicingSales & Collectibles Report
Finance, Accounting & TaxCargo Received and Shipped
Transaction PostingFuel consumption tracking
Entry of New VehiclesFuel Statement OCR
Driver PayGross Vehicle Weight
Matching the TicketsNew Customer Setup
Vehicle Repair BillingVehicle Repair Processing
Licence FormsNon Voucher

In a Nutshell

There has been a phenomenal demand for RPA (Robotic Process Automation) in supply chain management as businesses aim for reduced operational risk and costs as well as more revenue.

 Robotic Process Automation is worth exploring to acknowledge the capabilities of these bots.  

If you want to leverage competitive advantage, RPA is the technology that can aid with better efficiency and productivity. 

So start your RPA journey and experience how it revolutionises the way you deal with your supply chain operations. 

Eric

https://www.prepacademia.com/

I am a professional writer and blogger. I’m researching and writing about innovation, Entertainment, technology, business, and the latest digital marketing trends click here to go website.

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