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Think Tank
All Technology: Page 307
Dassault Systèmes Unveils New App for CPG Manufacturers
Dassault Systèmes, a vendor of product design and lifecycle-management software, has launched Perfect Production.
Jump Technologies Teams With Champion Medical on Medical-Supply Management
Jump Technologies Inc. has partnered with Champion Medical Technologies to improve the management of medical supplies and implantable devices.
Only Half of Organizations Feel Current E-Commerce Systems Maximize Profitability, Study Finds
Despite investing significant time and money in current commerce solutions, the majority of marketers and IT professionals surveyed aren't confident in their capabilities. Nearly one third (30 percent) of brands in both B2B and B2C industries spent more than $2m for their current commerce site, and 44 percent say it took longer than a year to implement, according to the 2016 State of Digital Commerce Report from e-commerce solution provider CloudCraze.
Cost Savings of Mega-Vessels Often Offset by Higher Port Expenses, Study Shows
Drewry, the global shipping consultancy, has carried out a simulation study of the operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders as vessel size increases up to and beyond 18,000 TEU (twenty-foot equivalent units, the standard metric used to measure a ship's cargo carrying capacity). The study results suggest that the economies of scale, that have been a key feature of the liner industry, may be running out.
Going Global - Going Local
Analyst Insight: Transportation management technology is the fastest-growing segment of the supply chain technology market. Firms that relied on third parties want to take more control. From global supply chains to adding more advanced services such as home delivery, companies need to improve logistics performance and costs, making this an active technology sector. - Ann Grackin, CEO, ChainLink
Organizations Have Difficulty Achieving Supply Chain Visibility
Analyst Insight: Organizations say that supply chain visibility is an issue but are not connecting the dots to address these concerns. While they acknowledge that they need to spend more on technology to facilitate this they are still confused on how to create a holistic supply chain visibility strategy to orchestrate multiple systems, harmonize integrations and streamline operations. - Dylan Persaud, Managing Director, Eval-Source
Profitable Home Delivery - A Prerequisite in Omnichannel World
Analyst Insight: Too many retailers, wholesalers and manufacturers are in a race to the bottom, when it comes to what they charge for shipping. This is not sustainable over the long run. Those that create their own granular, real-time intelligence about where they hold inventory, understand total fulfillment costs, and have the ability to dynamically steer customers to the most profitable options, will be able to satisfy and attract customers, while creating profitable order deliveries. - Bill McBeath, Chief Research Officer, ChainLink Research
Achieving Multi-Enterprise Visibility
Analyst Insight: Improving supply chain visibility has been a major emphasis for supply chain executives since at least 2010, when it became apparent that better visibility into the end-to-end supply chain can lay the foundation for business stakeholders to connect and collaborate within their value network. Rapidly improving technology, including RFID and sensor networks, has made it easier to track assets and products as they move through the entire supply chain. - John Johnson, Senior Content Specialist, Gartner Supply Chain
Last-Mile Fulfillment
Analyst Insight: The orchestration of processes and information for the procurement of goods to the "last mile" delivery to the customer is a required competency in today's direct-to-consumer marketplace. The convergence of supply chain execution systems is a goal that many enterprises have yet to achieve. While some like Amazon and Walmart are well on their way, others have yet to begin the development of their strategic road map. – David Meyers, Principal - Supply Chain Technology, Tompkins International
Freight Audit and Payment Saves Auto Manufacturer More Than $1 Million
Challenge: A large auto manufacturer struggled with cumbersome, manual paper freight audit and payment processing. As their business grew, their existing internal processes could not keep up.
Supplier Diversity, By 2025
Analyst Insight: By 2025, issues such as globalization, social transparency, risk management and sustainability will bring new challenges to all the best procurement organizations around the world. For diverse suppliers, these changes will pose new challenges, while bringing new opportunities for those with a vision for the future. - Angie Li, Partner; Curtis Simpson, Manager; Kirsty A. McNally, Manager, all with Advisory Services of Ernst & Young LLP
SRM Is Vital to Business Profitability
Analyst Insight: Supplier relationships and the management of them are critical to business. The strength of the relationship is two vs. one, transparency, collaboration and innovation. Real value is extracted when buyers and suppliers work together. Not surprisingly, businesses focused on supplier relationship management (SRM) lead their peers five to one in terms of value derived from their supply base. - Mickey North Rizza, VP of Strategic Services, BravoSolution
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