The increased complexity of global supply chains has led to longer lead times, more pipeline inventory, and the need to control downstream an upstream logistics, according to Supply Chain Visibility Excellence: Mastering Complexity and Landed Costs, a report from Aberdeen Group.
Analyst Insight: At the beginning of 2011, IDC Manufacturing Insights predicted that supply chain visibility would climb on the IT application priority list as manufacturing companies identified the business cases to improve both service levels and dollars saved. This held true throughout the year as manufacturers get a handle on what visibility means to their organizations in a tactical, rather than strategic, manner. - Simon Ellis, practice director, Supply Chain Strategies, IDC Manufacturing Insights
Analyst Insight: Ditching spreadsheet programs and stand-alone supply chain solutions for integrated software solutions is key to increasing visibility throughout the supply chain. By improving visibility, supply chain leaders can further optimize inventory and improve forecasting abilities, as well as increase the business's ability to react to disaster within the supply chain - a top priority for many executives. - Michael Koploy, ERP analyst, Software Advice
The "cloud" can be a difficult concept to grasp, given the various definitions it has been assigned by software vendors and users. Greg Johnsen, executive vice president of marketing and sales with GT Nexus, calls it "an information replica of the physical supply chain." Cloud-based technology provides one place where managers can go to monitor critical supply-chain events. When an element is updated, "everybody gets the information."
Descartes Systems Group has created a pair of cloud-based services to help air freight forwarders comply with U.S. and European security filing requirements.
Warehouse-management system (WMS) software is hardly new, but users are increasingly on the lookout for new applications that can be implemented more quickly and less painfully, says Diego Pantoja-Navajas, president and chief executive officer of Logfire. Among the new features they are exploring is the software-as-a-service (SaaS) model, dubbed more recently cloud-based technology.
Initiatives such as the Global Supply Chain Forum, which resides at Ohio State University's Fisher College of Business, give the business world access to academic expertise and valuable research, says forum director Douglas M. Lambert. Such efforts are becoming more common, he says, adding that "the business community ought to be our laboratory."
Hubspan Inc., a vendor of business-integration software based in the cloud, has released six new business-to-business applications, built using the NetSuite SuiteCloud Computing Platform.
Encompass Global Logistics LLC, a third-party logistics provider specializing in the trans-Pacific trade, has launched a mobile application for cargo management, compatible with all Apple iPhone, iPad and iPod products.