Electronic invoicing isn't new, writes Nigel Taylor of GXS. It started over 40 years ago with business-to-business (B2B) electronic data interchange (EDI) within private networks. With the advent of the internet in the '90s, e-procurement portals appeared and sparked a frenzy of investment into online industry communities. The e-procurement portals focused on sourcing and purchasing activities, and this narrow focus inevitably led to internet portals dedicated to payables processing.
The Middle Eastern and Northern African public cloud services market will see strong growth in 2013, experts predict. The increase in spending will represent a 24.5-percent increase from 2012, with revenue forecast to reach $462.3m in 2013, according to Gartner. The Middle Eastern and Northern African public cloud services market is forecast by the research group to grow 13.4 percent in 2012 to total $371.2m, compared to $110bn worldwide.
Doug Colbeth, chief executive officer of Kinaxis, delves into the new idea of supply chain management as-a-service, examines the state of cloud-based applications, and suggests a new term to replace "supply-chain management."
Integrating supply chain planning and execution is vital to today's businesses, but 80 percent of the data that most companies need to achieve this integration lies outside their four walls. Mark Cosway, vice president of industry sales at GT Nexus, explains a new approach to solving this problem.
Agentrics, a vendor of cloud-based applications to support supply-chain collaboration, has changed its name to that of its parent company, Brazil-based NeoGrid.
Most can agree that cloud ERP, and certainly manufacturing cloud ERP, is in its infancy. Interestingly, while analysts project that the adoption rate for cloud HR is more than 60 percent and for cloud CRM over 75 percent, the present adoption rate of cloud ERP for manufacturers is less than 10 percent (versus 90 percent of on-premise ERP). Yet, there is a general consensus that by 2023 most of the installed MFG ERP systems will be cloud-based.
Many companies that employ an on-demand transportation management system (TMS) to automate their transportation processes realize double digit savings on their total transportation spend within the first year.
The latest news, analysis, trends and solutions for cloud, software as a service (SaaS) and on-demand systems and their impact on supply chain management. New technologies in cloud computing are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of cloud computing and on-demand systems for supply chain management.
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