As economies become more global, supply chains have become more complicated. This places even greater emphasis on continuity as a strategic operational element.
E2open is one of the 50 Providers to Watch. E2open started as an industry-sponsored e-marketplace in high tech back in the dot-com era, but has slowly expanded its role to become one of the pre-eminent supply chain information networks in the market serving multiple industry sectors (with a strength in discrete manufacturing).
Continuity of supply has become an increasingly important factor for resilience professionals as more organizations are beginning to rely on complex, global supply chains to deliver their products. Supply chain disruptions can be extremely damaging to a business, especially one that relies on a large network of suppliers to create their products. Any business continuity risk, from a data breach to a catastrophic weather event to a terrorist attack, could cause a disruption.
“Data is the oil of the 21st century.” So declared Gartner’s Senior Vice President of Research Peter Sondergaard during his keynote. Going through the notes of my conversations and the sessions I attended at last week’s event in Phoenix, it’s an apt analogy. The value of data – and the consequences of not having the right data – was a theme that tied them together. Here are a few final thoughts from the conference.
The potential of the Internet of Things (IoT) as a component-sales driver can’t be understated. Semiconductor manufacturers are working on devices with security featured embedded in silicon to address IoT privacy concerns. Discrete sensors are turning into hybrid devices and new applications such as fingerprint identification are being perfected. Now, cloud-based supply chain solutions such as those offered by E2open are poised to manage the reams of data that will be streaming from billions of IoT devices by 2020.
Many OEMs are now bringing their final assembly operations back to North America. That’s good news for the blue collar workforce but what about the supply chain partners back in China and other low cost locales? Can OEMs find new suppliers close to home? Should OEMs use the old suppliers and manage the value chain better to deal with a longer pipeline? E2open's Pawan Joshi weighs in.
Shell has started to deploy E2open’s E2 Process Management to create visibility on their procured engineering materials along the supply chain, including logistics. The global Track and Trace initiative is designed to provide visibility on the flow of materials through procurement, transportation, and disposal, which enables alignment of the right engineering materials, at the right place, at the right time for production sites (i.e., assets).
It’s a fact that supply chains have become increasingly complex and globally distributed. At the same time, businesses are under pressure more than ever to keep up with growing demand. With expectations like these, there’s little to no margin for error. Let’s take a look at a few of the key ingredients that are required to set the table for successful supply chain management.
When it comes to service, distributors are constantly challenged to improve their strategic position and offer their customer base a wide range of valuable opportunities. It's clear that VMI is increasingly becoming a basic business standard, and yet not all programs are created equal.
The globalisation of consumer product supply chains has bloated inventory levels, reduced margins, and depleted much-needed working capital required for new product development. To ensure that supply and demand are in better alignment, here are four supply chain challenges that today’s leading consumer goods companies must address.