Why Your Business Needs Supply Chain Management Software

As your business grow manifold and supply chain become more complex, it becomes challenging for you to keep a track of inventory, analyse the profits & losses, determine consumer retention and much more. Moreover, with the growth of fake products, adulteration and tampering you are continuously under the threat of facing huge monetary losses. Amidst this scenarioit becomes highly important to have a supply chain management software in place. Besides this there are many other reasons to use supply chain management software for your business. Let’s discuss them one by one.

 1. Prevents fake products and tampering

One of the biggest reasons for having a supply chain software in place is to prevent the counterfeiting of your products. Digital product authentication through smart labels or holograms helps in determining the genuineness of your product. Moreover, you can also track and trace your product in the supply chain with the same.  

 2. Improves inventory management system 

Supply chain management helps in improving inventory management system and eliminates waste items by allocating the right storage space. The system helps you to rightly assess your customer requirements and develops strong relations with other stakeholders of the supply chain. 

 3. Helps in achieving production outputs 

Supply chain management software helps you to develop better communication with your logistics, vendors and retailers. This major benefit helps you to determine the amount of raw materials, money and time involved in achieving the required production output. 

 4. Increases customer retention and repeat sales 

With the help of supply chain management software, you can easily implement loyalty or reward schemes for your consumers. A smart hologram or label with QR code enables your customer to redeem loyalty points by the scanning the same. This motivates your consumer for repeat purchases and thus increases your sales.  

Holostik provides a gamut of supply chain management solutions through smart labels and holograms. The QR code enabled labels are easy to implement and take less time for product authentication. One of the biggest advantages of our smart labels and holograms is that they are the perfect combination of holography and digital solutions.  

To know more about our supply chain management solutions, connect with us @twitter you can call us on 078578 57000 or drop us a mail at connect@ec2-54-210-245-44.compute-1.amazonaws.com.   

4 mistakes you shouldn’t make while choosing a hologram supplier

Security holograms are an important part of product packaging and are used in many industries. They offer brand protection and boost aesthetics of your products. However, you may be making some mistakes while choosing a hologram supplier, which could lead to big financial losses for you in the future.

To make things easier for you, we have explained below the 4 big mistakes which you should completely avoid.

1. Not checking the supplier’s production quality

There are times when your procurement manager may skip to check the production quality of the hologram supplier. One of the main reasons behind is to compromise on quality for low costs. While holograms with very high costs are a financial burden, but quality holograms at affordable prices is a worthy deal. Moreover, choosing low quality holograms will not prevent duplication and may bring down your business manifolds.

Before choosing a hologram supplier for your business you should ask your procurement manager to analyse the production quality of the hologram supplier. Some important points which you should consider while making the check are quality of imaging, raw materials, adhesives, foils, slitting etc. This can help you to take the right decision while choosing a hologram supplier.

2. Skipping the sampling process

One big blunder your procurement manager can make is to skip the sampling process before choosing the hologram supplier. This can be harmful for your business and brand image. It may lead to a mismatch with your specific requirements and a complete waste of money. A thorough sampling process ensures that you get only the best product for your business.

You should ensure that your procurement team gets the samples of holograms from the supplier. Thereafter, your quality testing team should get into action for making an assessment and present a report on the same. The sampling report will make you confident enough to take the right decision for your business.

3. Not visiting the supplier’s manufacturing facility

It is highly recommended for your procurement team to visit the manufacturing facility of the supplier. Well, distance and time could be one of the reasons for avoiding the visit. However, considering the stakes involved, it should not be avoided at all.

Your procurement team should personally visit the manufacturing facility to have a look and feel of the ground situation. Many times, suppliers will try to fool you by showcasing their technical capabilities- blown out of proportions. You must stay alert against such deceptions and should personally analyse the equipment, raw materials and manufacturing process before taking the final call.

4. Overlooking the factor of customisation in holograms

Is your procurement manager considering the factor of customization in holograms? If he’s not, then he is making a grave mistake. There are high chances, that generic non-customised holograms cannot be applied on your products. Such holograms cannot be customised as per the shape of your products, the applicator and lack security features according to your specific requirements.

You should avoid such mistake and must ensure that your hologram supplier has the capability to offer customised holograms.

Holostik is one of the leading hologram suppliers in the world. We offer high quality customised holograms that don’t just safeguard your products but also enhance the visual appeal of your brand. We offer security holograms with overt, covert, track and trace, tamper evidence, nano optical images and many other security features. Our wide range of holograms are also available in different colours to match your brand aesthetics.

To know more about our security holograms, you can call us on +91–785-785-7000 or drop us a mail at connect@ec2-54-210-245-44.compute-1.amazonaws.com