Supply chain execution convergence (SCEC) describes the next generation of supply chains, which create a totally integrated supply chain by bringing together individual silos within the organization.
One of the biggest opportunities to dramatically improve supply chain performance occurs when traditional supply chain functions are decomposed and reinvented as integrated business processes. Few supply chain practitioners would dispute that notion. However, when it comes to their technology strategy, too many practitioners fall back into deploying the TMS, WMS, route planning, mobile and other technological silos developed in the 1990s that don't ultimately support their vision.
From coal to cars to coffee, consumption levels are breaking records, and the acceleration of resource depletion, pollution and climate change may come with underappreciated social and environmental costs, according to the Worldwatch Institute.
Dana Martin, product manager of Elementum, offers an overview of risk management, and how far companies have come in integrating the discipline with their global supply chains.
Jim Preuninger, chief executive officer of Amber Road, outlines the challenges that companies face, when they seek to integrate product design with sourcing. Their success or failure promise to have a significant impact on the supply chain, he says.