Companies are drowning in data, but are low on insights. Exciting advances in analytics are opening up new opportunities for supply chain teams. The challenge is that it means charting a new path and defining new processes to take advantages of new capabilities. The path forward means charting a new direction. It is not an evolution. –Lora Cecere, Founder, Supply Chain Insights
Managing complexity has become a priority for modern-day logistics and supply chain leaders. For many enterprises, however, reliance on cumbersome legacy systems keeps them chained to the costly ways of the past.
A.P. Moller-Maersk and IBM have announced their intent to establish a joint venture to offer blockchain technology to the global shipping industry. The jointly developed platform will be built on open standards and will address the need to provide more transparency and simplicity in the movement of goods across borders and trading zones.
At the end of my last call, I put down my headphones and smiled. It just happened again. What was it? I heard business buyers string together a set of "belief statements." These are commonly held as "truths" in the industry.
As Near Field Communication (NFC) functionality becomes more ubiquitous in mobile devices, workflow applications provider Flowfinity Wireless Inc. has added NFC to its enterprise mobile application software to enable users to capture and store information faster. The technology is now being tested by several of the company's consumer goods manufacturing customers.
Taking over companies can bring IT expense as well as new business opportunities. So an electrical supply manufacturer was delighted that a merger brought unlimited licenses at no extra cost.
The latest news, analysis, trends and solutions regarding enterprise resource planning (ERP) software and systems and their impact on supply chain management. New developments in ERP software - used by organizations to streamline day-to-day business activities like accounting, procurement and project management - are transforming the way companies operate 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 using ERP systems for supply chain optimization.
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