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I explored these and other related questions with Gary Barraco, Director of Global Product Marketing at Amber Road , in a recent episode of Talking Logistics. Visibility: Getting to One Version of the Truth. When people talk about the value of digitization, it is often within the context of supply chain visibility.
In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.
A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. Rapid advances in the manufacturing sector are making it possible to build out an on-demand distributed manufacturing platform that will allow for a more effective and iterative product development life cycle.
Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options. E2open Acquires Logistyx Technologies.
Many companies lack access to vital real-time transportation and logisticsvisibility information by clinging to outdated, labor-intensive methods to track shipments and manage their supply chains: 52% say they use email. 40% say they use disparate software systems for different parts of the supply chain.
Instead, it requires the use of parallel software running on tens, hundreds or even thousands of servers. ”[1] As I note below, Cecere is dismayed about the lack of progress that has been made in the area of supply chain visibility over the last ten years. 4] Lora Cecere, “ Supply Visibility: More Important Than Ever.
Poor access to a logisticsvisibilityplatform and sub-par utilization of tools and data can result in poor collaborations, sub-par freight network optimization , and high costs and expenses. ?Poor Poor Freight Visibility Results in Inefficiencies.
Elemica Introduces Track Mobile App for LogisticsVisibility. Second, IBM announced that it has made “nearly 44,000 lines of code available to the Linux Foundation’s open source Hyperledger Project to help developers easily build secure distributed ledgers that can be used to exchange most anything of value.”
Increased logistics cost is one of the major concerns in front of businesses. In the upcoming time, more and more businesses are predicted to rely on software designed using AI, ML, and other technologies to get insights and analytics. Bottom Line.
Through easy analysis of historical spending data, market trends, and supplier performance, predictive analytics improves your ability to identify new sourcing opportunities and evaluate potential suppliers.
Businesses need the flexibility to sense real-time changes to pivot sourcing, production, and logistics accordingly. Global Logistics Geopolitical tensions, climate events, and the pandemic aftermath will further spotlight logistics network flexibility and visibility. they increase their exposure to cyber-attacks.
A trend in dual/multi-sources helps to provide additional supplier sources in the case of any concerns. Who will be the first to own responsible supply chain visibility and management? Shareholders want to reduce the risks inherent in supply chain logistics. Leadership in a specific field is only reinforced by followers.
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