The survey is a continuation of several years of ongoing research. Conducted by Gatepoint Research, 100 executives surveyed came from a wide range of industries including General and High Tech Manufacturing, Retail, and Wholesale Trade. We discovered 36% of those surveyed stated that their organization has too much cash tied up in inventory, and 29% said that they have too much excess and/or obsolete inventory. This survey provides additional insight and identifies common challenges companies currently experience. View the previous survey report.
This POV from Accenture makes the argument that businesses cannot unlock the full potential of digital without reinventing their supply chain strategy and reimagining their supply chain as a digital supply network (DSN) that unites not just physical flows but also talent, information and finance.
As supply chains extend farther across the globe, they become more complex—and present a high level of risk for the businesses that rely on them. The inability to ensure continuity of supply could prove fatal to a company, which is why instituting proper safeguards is essential to mitigating the risk posed by inevitable disruptions—from machine failures to labor issues to Mother Nature.
This eBook outlines the continuity of supply challenges of today’s supply chains, and the three must-haves every supply network needs to remain resilient in the face of unplanned events—including unexpected increases in demand. Also discussed: the three pillars for visibility and the value of a business network.
The high technology industry has been at the forefront of supply chain innovation for several decades. Early on, high-tech companies outsourced most facets of their manufacturing and design processes that were not core to their market advantage. However, they retained key technologies that drove innovation, such as storage density for hard drive manufacturers or deep submicron integrated circuit fabrication for semiconductor companies. They took this approach to maintain competitive advantages that fuel new product innovation, while outsourcing manufacturing and assembly tasks to lower-cost partners. This level of outsourcing has created many advantages as well as challenges for the industry. In this industry point of view, get E2open’s perspective on how high-tech players can address the core need for better visibility and collaboration among supply chain stakeholders in this outsourced and highly dynamic environment.
After decades of improving their engineering and production functions, the world’s leading industrial manufacturers now are working to improve the performance of their supply chains, which are among some of the most complex in the world. In this industry point of view, hear E2open’s take on how the industrial manufacturing industry can boost supply chain efficiency, lower costs, and ultimately, grow the customer base and increase customer loyalty.
Oil and gas companies are thought to have some of the most complex supply chains in the world, consisting of joint venture partners, multi-level fabrication and construction steps, and highly engineered bills of materials (BOMs) that continue to evolve as projects develop. As the cost and difficulty of energy extraction continues to climb, international oil and gas companies (IOCs) and independents are experiencing margin pressures as their extended supply chains struggle to meet demanding project timelines. These levels of complexity affect project execution and will remain an area of focus as margin pressures continue to increase. In this industry point of view, get E2open’s perspective on how oil and gas companies can improve the delivery of capital projects by addressing the challenges of connectivity, visibility, and traceability within their supply chains.
When it comes to apparel, first impressions are everything. Ask any store manager what they need most, and they will almost always answer, “More inventory.” Excess inventory comes at a cost, though, so it’s not in a company’s best interest to counter stockouts by simply increasing stock-in-channel. Given the seasonality of the apparel industry and the ever-shifting preferences of consumers, this can lead to companies trying to shed excess inventory via sales, which eats into gross margins. This problem is only compounded by the globalization of apparel supply chains, making it all the more difficult to meet consumer needs in a timely fashion. In this industry point of view, get E2open’s perspective on how apparel companies can simultaneously reduce stockouts and stock-in-channel by putting their supply chains on one platform with a single version of the truth.
This update to Gartner's existing supply chain visibility research recommends that companies extend their visibility capabilities upstream and downstream to allow business partners to connect and exchange data through an information hub solution, and then leverage those insights within supply chain processes to drive value and mitigate risk.
This Accenture Global Operations Megatrends Study is based on a survey of more than 1,000 senior executives from large global companies to get their views on the importance of expanding in emerging markets to drive growth, the results of their efforts to date, and the supply chain practices that were most effective in those efforts. Download the study to find out more about the four practices that leading companies are adopting to maximize their emerging market success.
Find out why the B2B business network has become the new opportunity for fostering stronger business process relationships with suppliers, as well as integrating new product management and introduction (NPI) with product design, collaborative manufacturing design, change management, and supply chain fulfillment.