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Business Strategy Alignment: Page 523
The Open Group Previews First Standard for Supply-Chain Security
The Open Group has issued a "preview" of its new standard for promoting best practices in the area of supply-chain security. The Open Trusted Technology Provider Standard (O-TTPS) Snapshot, developed by The Open Group Trusted Technology Forum (OTTF), was designed for use by global providers and users of commercial off-the-shelf (COTS) products for information and communication technology (ICT).
You Need to Create Lean Value Streams
Analyst Insight: 2011 marked a watershed year in the way supply chain managers conceived of global practice. Natural disasters that shook up traditional global sourcing coupled with a growing willingness to rethink the value of lowest piece-part pricing led companies to reassess what it means to operate efficient, effective supply chains. Companies are rethinking and reconfiguring supply chains to be more rational, regional, practical, low in total cost and risk, and high in fostering quality and customer value - moving toward rational, lean value streams. - John Shook, chairman and CEO, Lean Enterprise Institute
Geographic Concentration Risks in the High-Tech Supply Chain
Analyst Insight: It is common for high-tech companies to have established processes to ensure they are not overly dependent on too few suppliers. Far less common are processes or intelligence to ensure they are not overly dependent on a specific geographic region. But recent events have pushed the issue of risks from geographic concentration of the supply base to the forefront. - Bill McBeath, Chief Research Officer, ChainLink Research
A Model for Tomorrow's Supply Chain Leadership
Analyst Insight: Supply chain organizations over the past several decades have experienced the structural pendulum as it has swung from one extreme of specialization and parallel silos of expertise to another of all generalists with relatively limited experience in a number of organizations. New findings from a number of highly regarded supply chain organizations and research enterprises show the need for a balanced approach of specialists and generalists for truly world-class performance. - Michael G. Hasler, Ph.D., The University of Texas
Spend Analysis Has Improved Greatly, But We Still Need Better, More Complete Data
Modern spend analysis systems are capable of incorporating a huge variety of types and sources of data - everything from supplier data to contracts, purchasing transactional data, financial data, risk data, and much more. However, the power of these systems is often limited by the availability, completeness, and quality of spend-related data from source systems.
Food & Beverage Technology: It's Cold, It's Safe - and It's Got ROI
Analyst Insight: The generally low-margin and high-waste food & beverage sectors will continue to increase their technology investments in 2012. Traceability, quality and fulfillment technologies are emerging with strong ROI, though compliance and traceability get much of the attention. No doubt global regulations on food safety may be somewhat of a catalyst, but companies say that the benefits are what really drive their investments. - Ann Grackin, CEO, ChainLink Research
Food & Beverage Traceability Impacts Brand, Consumer Safety
Analyst Insight: Food and beverage manufacturers have the distinct advantage (or detriment, depending on how you view it) of often having direct access to the customer. In today's more open, collaborative, social world this can reap major benefits of understanding one's customer base and responding to its needs. On the flip side, food and beverage manufacturers are susceptible to a major downfall simply from minor issues across its supply chain. Open or not, it's the new reality. - Simon Ellis, practice director, Supply Chain Strategies, IDC Manufacturing Insights
Defining Consumer-Driven Processes in CPG Industry
Analyst Insight: While 95 percent of consumer products companies talk about building the end-to-end supply chain extending from the customer's customer to the supplier's supplier, most of it today is only lip service. Why? The processes that made the CP company strong are the very same processes that need to change to drive growth, improve supply chain resiliency and power market share. - Lora Cecere, partner, Altimeter Group
Mix of Benefits, Additional Costs Flow from 'Green' Procurement
Analyst Insight: In recent years, an increasing number of organizations have sought to make their supply chains more environmentally friendly. According to APQC's Open Standards Benchmarking in procurement, 48 percent of organizations initiated "green" procurement policies as of fall 2011. As organizations feel more pressure to monitor their environmental impact, they must consider the potential effect of enacting green procurement policies on their bottom line. - Becky Partida, knowledge specialist, APQC
ERP, Enterprise Systems Software Evaluation Is So Much More Complex
Analyst Insight: The rapidly changing business environment has caused software evaluation to evolve, and organizations that do not realize those shifts will be left with inadequate solutions and an increased chance of IT failure. These new trends have complicated an already difficult software evaluation process due to cloud, SaaS, IaaS, PaaS, SOA and Web 2.0 technologies. - Keean Persaud, managing director, Eval-Source
A Data-driven, Widely Supported, and Collaborative Approach to Successful Business Process Management
Analyst Insight: Though there is no question that modern business process management (BPM) applications have the potential to solve many technical aspects of business processes challenges, the productive consolidation and integration of this evolution into the corporate culture requires that the management of business processes shift toward an approach that is data-driven, widely supported, and better communicated at the organizational level. - Jorge GarcÃÂa, research analyst, Technology Evaluation Centers
The Demand-Driven CPG Enterprise Sees Maximized Revenue
Analyst Insight: Consumer packaged goods manufacturers are being squeezed by trends in customer purchasing and technology, coupled with pricing pressures, higher input costs, and fluctuating commodity prices. In today's market, CPG companies have to integrate and collaborate with trading partners and better manage retail shelf space. Growing recognition that failure to innovate will result in poor performance, acquisition, or worse, is driving leading CPG companies to transform their operating models. - Ben Pivar, vice president, Supply Chain Technologies Practice, Capgemini North America Applications Services
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