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All Technology: Page 881

An Integral Part of the Supply chain, a TMS Can Reduce Costs
The focus on collaboration and visibility across internal and external departments has clearly provided the Best-in-Class transportation companies with the flexibility and agility necessary to overcome the rising costs in fuel and other shipping costs.
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Plugging Into Sensor Networks
Over the next decade, integration of sensor networks will provide a wide variety of real-time data to improve various aspects of business activity and public life-from highway maintenance to healthcare delivery, from energy peaks to emergency services, and from intermodal freight to intelligent transit. Companies that access and leverage these emerging systems and communities early could realize not only a step improvement in supply chain visibility but also enhanced profiles of their mobile customer base.
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The Need to See What's Going On Remains at the Top of the Agenda for 2009
To achieve operational excellence in their global supply chain management, one of the important steps companies need to take is gaining more granular visibility into supply chain processes and beginning to use supply chain visibility data and supply chain intelligence to drive increased responsiveness in their global supply chains.
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In Times Like These, You Must Understand the Commodity Markets
Extreme commodity price volatility has become the norm. To cope, successful sourcing professionals must deeply understand the commodity markets. This means knowing the current and expected industry capacity for delivering that commodity, current and emerging sources of demand, and trading speculation trends.
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Using Software as a Service to Reduce Expenses
AMR Research expects shared services organizations and outsourcing delivery models to be a crucial vehicle for reducing sourcing and procurement overhead expenses. This will be enabled by a labor arbitrage, centralization of resources, tighter efficiencies in managed spend, improved process acumen and access to new technologies. These technologies, however, will see a shift from traditional license approaches to a more economical, integrated SaaS approach.
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SOA Has Potential to Drive Supply Chain Innovation
The evolution of service oriented architecture has enabled significant opportunities for companies to expand their existing solutions without making large-scale upgrades and re-implementations. However, these solutions tend to be more suitable only for larger companies rather than mid-sized ones due to the initial investment needed to enable these solutions.
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Trends and IT Outlook For Integrated Supply Chain Applications
In 2009, expect most large WMS and WCS applications to remain dedicated applications tailored to a company's particular business rules, with SOA concepts appearing primarily in the integration interface.
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Resiliency in Supply Chain Is Key to Long-Term Business Continuity
To improve supply chain resiliency, companies need to include risk considerations in their supply chain network design efforts, sales and operations planning, and inventory planning; on the execution side, they need to improve logistics and transportation management, secure alternative supply chain partners, and ensure proactive alerting process and response management for disruptions.
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Protecting Your Supply Chain Against Financial Vulnerability
The global credit crunch is jeopardizing the financial health of our supply chains. In 2009, companies should reassess suppliers' financial stability and implement processes to spot operational red flags that are early warning signals of financial stress.
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Out of Chaos … Comes Innovation
If ever there was a year for financial and revenue management to come to the fore, then 2009 is that year. It's a year which will witness a vacillating, near schizophrenic, model of cost containment and revenue growth, driven by tentativeness, innovation and acquisition.
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Combining Finance, Supply Chain and Procurement During the Credit Crunch
When the competition is no longer among individual companies but among entire supply chains, every area of end-to-end cost reduction needs to be explored. Financial supply chain optimization has helped leading companies make their whole supply chain more competitive with the introduction of more advanced supply chain finance practices and automated transaction processing. Finance, supply chain, and procurement groups need to collaboratively explore how to use supply chain finance to reduce supply chain costs.
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Give the Supply Chain Some Credit
Increased linkage between material and financial flows requires supply chain managers to learn more about topics like working capital optimization, margin and asset utilization, valuation and risk, managerial accounting and cash flows, taxes and transfer prices.
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