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Despite being one of the lowest carbon emitters and environmentally friendly, there have been rising levels of wood shortage in the recent past due to deforestation. The forest sector in the world is yet to come up with extensive measures to curb this deteriorating situation.
Similarly, the woodworking industries have yet to develop afforestation programs that will save the business. In woodworking industries, wood supply shortage causes production delays which affect the entire project.
2. High Demand for Wood Structures
With the trending designs of wood products, there has been an increased demand for new designs and complex structures. These designs require delicate cut wood and high-quality furnishing.
It thus takes more time to produce one product compared to the previous designs. The supply of quality and high-end wood remains a challenge in the production of such structures.
3. Unrealistic Deadline
Project management is a process that involves a series of activities to achieve results — and it requires time. In the woodwork industry, one of the major challenges that project managers struggle with is unrealistic deadlines!
The supply chain plays a major role when deciding the best time a product can be complete and timely delivered. When there is limited turnaround time, chances of missing deadlines and under-production are high.
4. Rising Logistic Costs
For any project to be a success, logistics must be in order! Transport is a key player in woodwork industries and becomes a project management challenge when not planned well in the supply chain.
Since there has been a shortage of wood in the industry, transportation costs have increased drastically due to the long distances covered to obtain the raw materials. Any delays along the way negatively impact production management.
On the other hand, delivery of finished products has become expansive and far since wood products are in high demand. Shipping costs are not dropping any time soon, and this has affected project planning and management.
5. Distribution Nightmares
In woodwork industries, the supply chain is the major contributor to project success. Any hiccup in the chain poses a challenge to the entire project, and distribution is no exception.
While distribution is the last step in the supply chain process, these unforeseen delays cause huge challenges to project management due to stalled production.
6. Effective Project Management Software
In the digital era, woodwork project managers rely on project management software to effectively manage the projects. The software can be used remotely to monitor the project’s progress, although it will cause major challenges to the project when it’s not effective.
Investing in the best project management software can save time and help you swiftly solve and reduce challenges that you might face throughout the project lifecycle.
Inventory visibility is one of the essential features of any manufacturing business — including woodwork industries. It helps industries to increase view and track of inventory at any given time.
To maximize inventory visibility, you’ll need reliable software that you can access from anywhere to manage and update your inventory. A software can help with inventory visibility in different ways, which include:
The main objective of inventory visibility is to keep the stock level at the minimum while maintaining customer satisfaction. Inventory visibility also keeps the warehouse in order so you can know the minimum requirements of each item in stock.
With more visibility, you can analyze historical data, which helps in making better forecasting decisions across all supply chain channels.
When routine audits are done on the warehouse, you’ll have greater visibility hence increased order accuracy.
Inventory visibility helps project managers to monitor stock levels across all the networks and meet customer’s needs.
When order fulfillment is done on time, customers feel valued. This software helps to track past and current data, updating it automatically. It helps to know whether the order made by a customer can be fulfilled immediately.
Inventory holds money, and it reflects the net worth of a business in a physical form. To overcome tying up organization money, ensure that you maintain minimum inventory.
Inventory visibility allows you to track your inventory movement and balances on shelves.
A manual inventory tracking system leads to time wastage which is expensive to production and project management. Investing in reliable inventory visibility software will increase your efficiency yet improve your output level.
This software helps reduce man-hours, and the overall performance of the business will change.
One of the areas in production where a keen eye is required is the supply chain department. Inventory visibility software is a vital tool in any production company because it updates the current, moving, and remaining inventory in the warehouse. The software also boosts transparency and increased demand fulfillment.
Poor inventory storage areas, raw materials locations, over the roof shipping costs, and poor operations are some of the costs involved in the supply chain. A comprehensive inventory visibility software will help project managers view, manage and reduce logistical and warehouse costs by avoiding stock accumulation in areas where demand is low.
Woodworking industries have experienced tremendous development over the years but not without challenges that affect project management.
To survive and overcome these challenges, project managers have incorporated inventory visibility software into their operation manuals. The results have been exemplary, reduced wastage, and optimized supply chain operations.
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